XML 17 R8.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 3 - Related Party Transactions
3 Months Ended
Jul. 31, 2012
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]
Note 3 - Related Party Transactions

The Company has multiple related party transactions.  These related party transactions include accrued rent, accrued compensation and officer and shareholder payable.  These accounts are provided for working capital purposes, and is unsecured, non-interest bearing, and have no specific terms of repayment.

For the year ended October 31, 2011, the Company has increased the balance of accrued rent by $25,980, increased accrued compensation by $384,000 and decreased officer and shareholder payable by $24,100.

The balance of these related party transactions on October 31, 2011 was $1,408,847.

For the period ending July 31, 2012, the Company has increased the balance of accrued rent by $18,000, increased accrued compensation by $288,000 and decreased officer and shareholder payable by $24,100.

The balance of these related party transactions on July 31, 2012 was $1,657,617.