10-Q/A

U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-Q/A

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2011

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _______________ to _______________.

Commission file number 814-00724

MORRIS BUSINESS DEVELOPMENT COMPANY

 (Exact name of registrant as specified in its charter)

California (State or other jurisdiction of incorporation or organization)	33-0795854 (I.R.S. Employer Identification No.)
413 Avenue G, #1 Redondo Beach, CA (Address of principal executive offices)	90277 (Zip Code)

Registrant’s telephone number, including area code (310) 493-2244

Check whether the issuer (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X No .

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of “accelerated filer and large accelerated filer” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer [ ] Accelerated filer [ ] Non-accelerated filer [ X ]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes[ ] No [X]

Applicable only to issuers involved in bankruptcy proceedings during the preceding five years:

Indicate by check mark whether the registrant filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.

Yes o Noo

Applicable only to corporate issuers:

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date. As of August 13, 2010, there were 23,667,000 shares of common stock, par value $0.001, issued and outstanding.

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Morris Business Development Company

Explanatory Note

The purpose of the Amendment No. 1 on Form 10–Q/A to Registrants’s quarterly report on Form 10–Q for the quarter ended June 30, 2011, filed with the Securities and Exchange Commission on August 17, 2011 (the “Form 10–Q”), is solely to furnish Exhibit 101 to the Form 10–Q in accordance with Rule 405 of Regulation S–T.

No other changes have been made to the Form 10–Q.  This Amendment No. 1 speaks as of the original filing date of the Form 10–Q, does not reflect events that may have occurred subsequent to the original filing date and does not modify or update in any way disclosures made in the original Form 10–Q.

Pursuant to rule 406T of Regulation S–T, the interactive data files on Exhibit 101 hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities Act of 1934, as amended, and otherwise are not subject to liability under those sections.

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ITEM 6 Exhibits

3.1 (1)	Articles of Incorporation of Electronic Media Central Corporation
3.2 (4)	Articles of Amendment to Articles of Incorporation
3.3 (1)	Bylaws
10.1 (2)	Distribution Agreement Between Electronic Media Central and L&M Media, Inc., dba Apple Media
14.1 (3)	Code of Ethics
31.1(5)	Rule 13a-14(a)/15d-14(a) Certification of Chief Executive Officer
31.2(5)	Rule 13a-14(a)/15d-14(a) Certification of Chief Financial Officer
32.1(5)	Chief Executive Officer Certification Pursuant to 18 USC, Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2(5)	Chief Financial Officer Certification Pursuant to 18 USC, Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS(6)	XBRL Instance Document
101.SCH(6)	XBRL Taxonomy Extension Schema
101.CAL(6)	XBRL Taxonomy Extension Calculation Linkbase
101.DEF(6)	XBRL Taxonomy Extension Definition Linkbase
101.LAB(6)	XBRL Taxonomy Extension Label Linkbase
101.PRE(6)	XBRL Taxonomy Presentation Linkbase

(1)	Incorporated by reference to our Form 10-SB, Commission file number 000-32345, filed with the Commission on February 13, 2001.
(2)	Incorporated by reference to the Registrant’s Registration Statement on Form 10-SB/A, filed on April 13, 2001.
(3)	Incorporated by reference to the Registrant’s Annual Report on Form 10-KSB, filed on July 13, 2004.
(4)	Incorporated by reference to the Registrant’s Annual Report on Form 10-K, filed on July 3, 2007.
(5)	Previously filed in the Company's Quarterly Report on Form 10-Q, filed on August 17, 2011.
(6)	Filed herewith.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	/s/ George P. Morris
Dated: September 2, 2011
	By: George P. Morris
	Its: Chief Executive Officer
	/s/ George P Morris
Dated: September 2, 2011
	By: George P. Morris
	Its: Chief Financial Officer

A signed original of this written statement required by Section 906 has been provided to Morris Business Development Company and will be retained by Morris Business Development Company and furnished to the Securities and Exchange Commission or its staff upon request.

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EXHIBIT INDEX

3.1 (1)	Articles of Incorporation of Electronic Media Central Corporation
3.2 (4)	Articles of Amendment to Articles of Incorporation
3.3 (1)	Bylaws
10.1 (2)	Distribution Agreement Between Electronic Media Central and L&M Media, Inc., dba Apple Media
14.1 (3)	Code of Ethics
31.1(5)	Rule 13a-14(a)/15d-14(a) Certification of Chief Executive Officer
31.2(5)	Rule 13a-14(a)/15d-14(a) Certification of Chief Financial Officer
32.1(5)	Chief Executive Officer Certification Pursuant to 18 USC, Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2(5)	Chief Financial Officer Certification Pursuant to 18 USC, Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS(6)	XBRL Instance Document
101.SCH(6)	XBRL Taxonomy Extension Schema
101.CAL(6)	XBRL Taxonomy Extension Calculation Linkbase
101.DEF(6)	XBRL Taxonomy Extension Definition Linkbase
101.LAB(6)	XBRL Taxonomy Extension Label Linkbase
101.PRE(6)	XBRL Taxonomy Presentation Linkbase

(1)	Incorporated by reference to our Form 10-SB, Commission file number 000-32345, filed with the Commission on February 13, 2001.
(2)	Incorporated by reference to the Registrant’s Registration Statement on Form 10-SB/A, filed on April 13, 2001.
(3)	Incorporated by reference to the Registrant’s Annual Report on Form 10-KSB, filed on July 13, 2004.
(4)	Incorporated by reference to the Registrant’s Annual Report on Form 10-K, filed on July 3, 2007.
(5)	Previously filed in the Company's Quarterly Report on Form 10-Q, filed on August 17, 2011.
(6)	Filed herewith.

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Balance Sheets (Parenthetical) (USD $)	Jun. 30, 2011	Mar. 31, 2011
Balance Sheets
Preferred Stock, par value	$ 0.001	$ 0.001
Preferred Stock, shares authorized	10,000,000	10,000,000
Preferred Stock, share issued
Preferred Stock, shares outstanding
Common Stock, par value	$ 0.001	$ 0.001
Common Stock, shares authorized	40,000,000	40,000,000
Common Stock, shares issued	13,000,000	13,000,000
Common Stock, shares outstanding	13,000,000	13,000,000

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Statements of Operations (Unaudited) (USD $)	3 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2009
Operating Expenses:
Professional Fees	$ 3,350	$ 2,661
Consulting	500	900	900
Salaries and related expenses			8,424
Other	1,012	281	300
Total Operating Expenses	4,862	3,842	9,624
Loss from operations	(4,862)	(3,842)	(9,624)
Non-operating income (expense)
Interest expense	628	4,716	4,478
Beneficial conversion expense
Total other expense	(628)	(4,716)	(4,478)
Loss before income taxes	(5,490)	(8,558)	(14,102)
Provision for income taxes			800
Net Loss	(5,490)	(8,558)	(14,902)
Other comprehensive loss
Unrealized gain on marketable securities
Comprehensive Loss	$ (5,490)	$ (8,558)	$ (14,902)
Basic and diluted net loss per common share:	$ 0.00	$ 0	$ 0
Basic and diluted weighted average number of common shares outstanding	23,667,000	23,667,000	23,667,000

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Document and Entity Information (USD $)	3 Months Ended
	Jun. 30, 2011	Aug. 13, 2010
Document And Entity Information
Entity Registrant Name	Morris Business Development Co
Entity Central Index Key	0001133901
Document Type	10-Q
Document Period End Date	Jun. 30, 2011
Amendment Flag	false
Current Fiscal Year End Date	--03-31
Is Entity a Well-known Seasoned Issuer?	Yes
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Non-accelerated Filer
Entity Public Float		$ 13,000
Entity Common Stock, Shares Outstanding		23,667,000
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2012

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Related Party Transactions

3 Months Ended

Jun. 30, 2011

Related Party Transactions [Abstract]

Related Party Transactions

NOTE 5  RELATED PARTY TRANSACTIONS

The Company has a note payable to a related party through common shareholder and officer. The note to Apple Realty, Inc. of $41,847 as of June 30, 2011 and 2010, respectively, is due on demand, and is secured by assets of Morris Business Development Company.  Interest shall accrue at 6% per annum, due and payable upon demand.  This note is the remaining unpaid consulting fees and office expense provided by the related party. During the three month period ended June 30, 2011, interest of $628 was added to the note.

George Morris is the chairman of MBDE.  As of June 30, 2011, Mr. Morris’ beneficial ownership percentages of related companies’ common stock is as follows:

Morris Business Development Company (the Company)	82.87	%
Internet Infinity, Inc.	85.1	%
Morris & Associates, Inc.	71.30	%
Apple Realty, Inc.	100.00	%

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Organization

3 Months Ended

Jun. 30, 2011

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Organization

NOTE 1  ORGANIZATION

On April 1, 1998, Morris Business Development Company (the Company or MBDC) was incorporated in California as Electronic Media Central Corporation (EMC) (formerly a division of Internet Infinity, Inc. (III)). The Company is engaged in providing services for the development and growth of both American public and private stock companies. The Company is also engaged in providing services for duplication, replication and packaging of DVDs and CDs.

As of May 12, 2006 the Company filed Form N-54A with the United States Securities Exchange Commission to become a business development company by certifying that it is a closed-end company (mutual fund) organized and operated for the purpose of making investments in securities described in Section 55 (a)(1) through (3) of the Investment Company Act of 1940; and that it will make available significant managerial assistance to American companies with respect to issuers of such securities to the extent required by the act.

On March 29, 2007 the Company registered a name change to Morris Business Development Company with the California Secretary of State.

The Company has commenced the development of new management consulting services to assist American client companies in complying with the reporting requirements to the government and in communicating with shareholders, customers and the public and the accessing of needed growth capital.  The Company has received 2.5 million shares from its first client for financial consulting work completed in the fiscal year ended March 31, 2008.

In June, 2009 the Company entered into an agreement with Howell Capital Holdings, LLC operating as “More American Jobs” to help American companies prepare to access both government and private financial support. In addition, the Company will also commence a new participation relationship this month with Avalon Funding Corporation, an asset based lender focusing on accounts receivable and purchase order funding.

On April 7, 2010 the Company entered into a Material Definitive Agreement with Video Army, LLC, a California limited partnership to operate a (‘NEWCO”) business named “Internet Video / Morris BDC, LLC”, a California Limited Partnership and/or other registered DBAs. The business will provide financial and internet related services primarily for both private and thinly traded public stock American based companies.

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Income Taxes

3 Months Ended

Jun. 30, 2011

Income Tax Expense (Benefit) [Abstract]

Income Taxes

NOTE 7  INCOME TAXES

No provision was made for federal income tax for the three months ended June 30, 2011, since the Company had a significant net operating loss. The net operating loss carry-forwards begin to expire in 2013 and the balance may be used to reduce taxable income through the year 2028. The availability of the Company’s net operating loss carry-forwards are subject to limitation if there is a 50% or more positive change in the ownership of the Company’s stock. The provision for income taxes consists of the state minimum tax imposed on corporations.

The net operating loss carry-forward for federal and state income tax purposes was approximately $969,000 as of June 30, 2011.

The Company has recorded a 100% valuation allowance for the deferred tax asset since it is more likely than not that it will not be realized.

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Shareholders Equity (Parenthetical) (USD $)	Jun. 30, 2011	Mar. 31, 2011
Shareholders Equity Parenthetical
Shares issued, par value	$ 0.001	$ 0.001

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Summary of Significant Accounting

3 Months Ended

Jun. 30, 2011

Accounting Policies [Abstract]

Summary of Significant Accounting

NOTE 2 SUMMARY OF SIGNIFICANT ACCOUNTING

Unaudited Interim Financial Statements

The accompanying unaudited financial statements have been prepared by the Company, pursuant to the rules and regulations of the Securities Exchange commission (the “SEC”) as applicable to smaller reporting companies, and generally accepted accounting principles for interim accounting reporting. The information furnished herein reflects all adjustments (consisting of normal recurring accruals and adjustments) which are, in the opinion of management, necessary to fairly present the operating results for the respective periods.

Certain information and footnote disclosures normally presented in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) have been omitted pursuant to such rules and regulations. These interim financial statements should be read in conjunction with the Company’s financial statements and notes thereto included in the Company’s fiscal year end March 31, 2011 report. The Company assumes that the users of the interim financial information herein have read, or have access to, the audited financial statements for the preceding period, and that the adequacy of additional disclosure needed for a fair presentation may be determined in that context. The results of operations for the three month period ended June 30, 2011 are not necessarily indicative of results for the entire year ending March 31, 2012.

Cash and cash equivalents

The Company considers all liquid investments with a maturity of three months or less from the date of purchase that are readily convertible into cash to be cash equivalents.

Use of estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Fair value of financial instruments

The Financial Accounting Standards Board issued ASC (Accounting Standards Codification) 820-10 (SFAS No. 157), “Fair Value Measurements and Disclosures" for financial assets and liabilities. ASC 820-10 provides a framework for measuring fair value and requires expanded disclosures regarding fair value measurements. FASB ASC 820-10 defines fair value as the price that would be received for an asset or the exit price that would be paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants on the measurement date. FASB ASC 820-10 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs, where available. The following summarizes the three levels of inputs required by the standard that the Company uses to measure fair value:

-  Level 1: Quoted prices in active markets for identical assets or liabilities. 

-  Level 2: Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the related assets or liabilities. 

-  Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. 

The carrying amounts of the Company’s financial instruments as of June 30, 2011, reflect

-  Cash: Level One measurement based on bank reporting. 

-  Loans from Officers and related parties: Level 2 based on promissory notes. 

Income taxes

The Company utilizes FASB ACS 740, “Income Taxes,” which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax assets and liabilities are determined based on the difference between the tax basis of assets and liabilities and their financial reporting amounts based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. A valuation allowance is recorded when it is “more likely-than-not” that a deferred tax asset will not be realized.

The Company generated a deferred tax credit through net operating loss carryforward. However, a valuation allowance of 100% has been established. Net operating losses of approximately $969,000 begin to expire in 2013 and the balance available through the year 2025, unless first utilized.

Interest and penalties on tax deficiencies recognized in accordance with ACS accounting standards are classified as income taxes in accordance with ASC Topic 740-10-50-19.

Stock Split

Effective May 30, 2008, a ten-for-one stock split was effected. All per share amounts and share numbers presented herein have been retroactively restated for this adjustment.

Advertising and Marketing Costs

The Company expenses costs of advertising and marketing as incurred. Advertising and marketing expense for the three months ended June 30, 2011 were insignificant.

Basic and Diluted Earnings Per Share

Net loss per share is calculated in accordance with FASB ASC 260, Earnings Per Share, for the period presented. Basic net loss per share is based upon the weighted average number of common shares outstanding. Diluted net loss per share is based on the assumption that all dilative convertible shares and stock options were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, options and warrants are assumed exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period.

The Company has no potentially dilutive securities outstanding as of June 30, 2011.

Recent Accounting Pronouncements

On December 1, 2010 the Company adopted guidance issued by the FASB ASU 2010-15 on the consolidation of variable entities. The new guidance requires revised valuations of whether entities represent variable interest entities, ongoing assessments of control over such entities and additional disclosures for variable interests. Adoption of the new guidance did not have a material impact on our financial statements.

The Company has reviewed issued accounting pronouncements and plans to adopt those that are applicable to it. The Company does not expect the adoption of any other pronouncements to have a n impact on its results of operations or financial position. 

Marketable Securities

The Company’s investments in securities are classified as available-for-sale and, as such, are carried at fair value based on quoted market prices. Securities classified as available-for-sale may be sold in response to changes in interest rates, liquidity needs, and for other purposes.

Unrealized holding gains and losses for available-for-sale securities are excluded from earnings and reported as a separate component of stockholder’s equity. Realized and unrealized gains and losses for securities classified as available-for-sale are included in the statement of operations and comprehensive gain, respectively. On June 30, 2011 and 2010, marketable securities have been recorded at $12,500 based upon the fair value of the marketable securities.

Equity Securities Name and Symbol	Number of Shares Held	Cost	Market Value	Accumulated Unrealized Loss	Traded on Pink Sheets (PK) or Bulletin Board (BB)
Leep, Inc (LPPI)	2,500,000	21,250	12,500	(8,750)	PK

Unrealized holding gains and losses for available-for-sale securities are excluded from earnings and reported as a separate component of stockholder’s equity. Realized and unrealized gains and losses for securities classified as available-for-sale are included in the statement of operations and comprehensive gain, respectively. On June 30, 2010, marketable securities have been recorded at $12,500 based upon the fair value of the marketable securities.

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Uncertainty of Abllity to Continue as a Going Concern

3 Months Ended

Jun. 30, 2011

Risks and Uncertainties [Abstract]

Uncertainty of Abllity to Continue as a Going Concern

NOTE 3 UNCERTAINTY OF ABILITY TO CONTINUE AS A GOING CONCERN

The Company's financial statements are prepared using the generally accepted accounting principles applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business.  However, the Company has accumulated deficit of $905,908 at June 30, 2011, and its total liabilities exceeds its total assets by $61,905.

In view of the matters described above, recoverability of a major portion of the recorded asset amounts shown in the accompanying balance sheets is dependent upon continued operations of the Company, which in turn is dependent upon the Company’s ability to raise additional capital, obtain financing and to succeed in its future operations.  The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

Management has taken the following steps to revise its operating and financial requirements, which it believes are sufficient to provide the Company with the ability to continue as a going concern.  The Company is actively pursuing the new business development company activities and additional funding from strategic partners, which would enhance stockholders’ investment. Management believes that the above actions will allow the Company to continue operations through the next fiscal year.

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Capital

3 Months Ended

Jun. 30, 2011

Stockholders' Equity Note [Abstract]

Capital

NOTE 4    CAPITAL

There was no stock issued in the three months ended June 30, 2011.

As of June 30, 2011 and 2010 the Company had authorized 10,000,000 preferred shares of par value $0.001, of which none was issued and outstanding.

As of June 30, 2011 and 2010 the Company had authorized 40,000,000 shares of common stock of par value $0.001, of which 23,667,000 shares were issued and outstanding on both dates.

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Shareholders Equity (Unaudited) (USD $)	Common Stock	Additional Paid-In Capital	Retained Earnings / Accumulated Deficit	Other Comprehensive Income / Loss	Total
Begining balance at Mar. 31, 2006	$ 13,000	$ 55,600	$ (269,490)
Beginning balance, shares at Mar. 31, 2006	13,000,000
Net loss for the year			(49,444)
Balances, at Mar. 31, 2007	13,000	55,600	(318,934)
Balances, shares at Mar. 31, 2007	13,000,000
Capital contribution		2,667
Unrealized gain on market security				16,250
Net loss for the year			(37,272)
Balances, at Mar. 31, 2008	13,000	58,267	(356,206)	16,250
Balances, shares at Mar. 31, 2008	13,000,000
Capital contribution		3,999
Beneficial conversion		415,000
Unrealized gain on market security				(25,000)
Net loss for the year			(480,347)
Balances, at Mar. 31, 2009	13,000	477,266	(836,553)	(8,750)
Balances, shares at Mar. 31, 2009	13,000,000
Net loss for the year			(47,750)
Balances, at Mar. 31, 2010	13,000	477,266	(884,303)	(8,750)
Beginning balance, shares at Mar. 31, 2010	13,000,000
Share issued for debt settlement Sep. 30, 2010 at $0.03 per share	10,667,000
Share issued for debt settlement, value	10,667	309,333
Contribution of assumption of liabilites by officer Mar.31, 2011		57,109
Net loss for the year			(16,115)	(14,622)
Balances, at Mar. 31, 2011	23,667	843,708	(900,418)	(23,372)	(56,415)
Balances, shares at Mar. 31, 2011	23,667,000
Share issued for debt settlement Sep. 30, 2010 at $0.03 per share	10,667,000
Share issued for debt settlement, value	10,667	309,333			320,000
Contribution of assumption of liabilites by officer Mar.31, 2011		57,109			57,109
Beneficial conversion
Net loss for the year			(5,490)		(5,490)
Balances, at Jun. 30, 2011	$ 23,667	$ 843,708	$ (905,908)	$ (23,372)	$ (61,905)
Balances, shares at Jun. 30, 2011	23,667,000

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Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2009
Cash flows from operating activities:
Net loss	$ (5,490)	$ (8,558)	$ (14,902)
Change in operating assets and liabilities:
Accounts payable	3,029	(17,770)	15,502
Net cash (used by) operating activities	(2,461)	(26,328)	600
Cash flows from financing activities:
Notes payable			300
Loans from Officers		23,586
Receivables from related party		3,591	(900)
Due to affilates	1,200
Net cash provided by financing activities	1,200	27,177	(600)
Net increase (decrease) in cash	(1,261)	849
Cash, beginning of the period	1,415
Cash, end of the period	154
Supplemental cash flow disclosure:
Interest paid during the year
Taxes paid during the year

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Balance Sheets (Unaudited) (USD $)	Jun. 30, 2011	Mar. 31, 2011
Current Assets
Cash and cash equivalents	$ 154	$ 1,415
Marketable Security	12,500	12,500
TOTAL ASSETS	12,654	13,915
Current Liabilities
Accounts Payable and Accrued Expenses	31,322	28,293
Notes Payable - Related Parties	41,847	41,847
Due to Officer	1,390	190
Total Liabilities	74,559	70,330
Stockholders' Equity (Deficit)
Preferred Stock, $0.001 par value,10,000,000 shares authorized, none issued and outstanding
Common Stock, $0.001 par value; 40,000,000 shares authorized, 13,000,000 shares issued and outstanding as at March 31, 2010 and 2009	23,667	23,667
Additional Paid-in Capital	843,708	843,708
Accumulated Deficit	(905,908)	(900,418)
Accumulated other comprehensive income (loss)	(23,372)	(23,372)
Total Stockholders' Equity (Deficit)	(61,905)	(56,415)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$ 12,654	$ 13,915