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3. Convertible Notes Payable - Stockholders	9 Months Ended
Sep. 30, 2012
3. Convertible Notes Payable - Stockholders:
3. Convertible Notes Payable - Stockholders	3. CONVERTIBLE NOTES PAYABLE - STOCKHOLDERS In 2009 and 2010, the Company issued unsecured convertible notes payable to stockholders in exchange for $45,000 in cash, for the Company’s working capital needs. In the third quarter of 2011, the notes and accrued interest thereon were converted into 3,912,000 shares of the Company’s common stock. On April 10, 2012, the Company issued an unsecured convertible note payable to a stockholder in exchange for $50,000 in cash for the Company’s working capital needs. The note bears interest at 6% per annum and matures on April 10, 2013. The stockholder has the option to convert the note and accrued interest into the Company’s common stock at $.0125 per share. At September 30, 2012 and December 31, 2011, accrued interest on the notes was $1,430 and $0, respectively. Interest expense amounted to $(756) and $(429) for the three months ended September 30, 2012 and 2011, respectively. Interest expense amounted to $(1,430) and $(1,768) for the nine months ended September 30, 2012 and 2011, respectively.

3. Convertible Notes Payable - Stockholders

9 Months Ended

Sep. 30, 2012

3. Convertible Notes Payable - Stockholders:

3. Convertible Notes Payable - Stockholders

3. CONVERTIBLE NOTES PAYABLE - STOCKHOLDERS

In 2009 and 2010, the Company issued unsecured convertible notes payable to stockholders in exchange for $45,000 in cash, for the Company’s working capital needs. In the third quarter of 2011, the notes and accrued interest thereon were converted into 3,912,000 shares of the Company’s common stock.

On April 10, 2012, the Company issued an unsecured convertible note payable to a stockholder in exchange for $50,000 in cash for the Company’s working capital needs. The note bears interest at 6% per annum and matures on April 10, 2013. The stockholder has the option to convert the note and accrued interest into the Company’s common stock at $.0125 per share.

At September 30, 2012 and December 31, 2011, accrued interest on the notes was $1,430 and $0, respectively. Interest expense amounted to $(756) and $(429) for the three months ended September 30, 2012 and 2011, respectively. Interest expense amounted to $(1,430) and $(1,768) for the nine months ended September 30, 2012 and 2011, respectively.