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NOTE 8 - RELATED PARTY TRANSACTIONS
9 Months Ended
Sep. 30, 2011
Related Party Transactions Disclosure [Text Block]
NOTE 8 – RELATED PARTY TRANSACTIONS

The Company periodically receives funding from its CEO and CFO to fund operating costs of the Company.  Through June 30, 2011, $49,050 had been advanced to the Company from these individuals or companies they control.  These advances were repaid by the Company during the  quarter ended September 30, 2011.  Advances made by these individuals are  reported in the Company’s Condensed Balance Sheets under the heading “Related Party Notes Payable”.

The Company’s CEO, CFO and the bookkeeper who is the wife of the CEO did not take any compensation for services provided to the Company during 2009 and 2010.  During the nine months ended September 30, 2011, the Company accrued $231,000 in wages as compensation for the services provided by these individuals to the Company.  The Company paid all amounts owed to the bookkeeper during the current quarter.

The son of the Company's CEO provides product development services to the Company. During the quarter ended September 30, 2011, the Company issued 300,000 common shares valued at $30,000 to this individual for services rendered.