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GOING CONCERN AND LIQUIDITY
6 Months Ended
Jun. 30, 2012
GOING CONCERN AND LIQUIDITY [Abstract]  
GOING CONCERN AND LIQUIDITY

2. GOING CONCERN AND LIQUIDITY:

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At June 30, 2012, we had cash of $25, no other assets, no operating business or

other source of income, outstanding liabilities totaling $153,487 and a

stockholders' deficit of $153,462.

 

In our financial statements for the fiscal years ended December 31, 2011 and

2010, the Report of the Independent Registered Public Accounting Firm includes

an explanatory paragraph that describes substantial doubt about our ability to

continue as a going concern.

 

Our unaudited financial statements for the three and six month periods ended

June 30, 2012 and 2011 have been prepared on a going concern basis, which

contemplates the realization of assets and the settlement of liabilities and

commitments in the normal course of business.

 

We had a working capital deficit of $152,462 and reported an accumulated deficit

since Inception (January 1, 2011) of $153,562 as at June 30, 2012.

 

It is our current intention to seek to raise debt and, or, equity financing to

fund our ongoing operating expenses and attempt to create value for our

shareholders by merging with another entity with experienced management and

opportunities for growth in return for shares of our common stock. There is no

assurance that this series of events will be satisfactorily completed.