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NOTE 6 - RELATED PARTY TRANSACTIONS
6 Months Ended
Jun. 30, 2011
Related Party Transactions Disclosure [Text Block]
NOTE 6 - RELATED PARTY TRANSACTIONS

During the six months ended June 30, 2011, the Company borrowed an aggregate of $256,475 in principal with no interest due and repaid $67,550 in principal payments to its president and CEO.  As of June 30, 2011, $528,998 in principal and $1,016 in interest was due.

During the year ended December 31, 2010, the Company borrowed a total of $318,828 from its president and chief executive officer under various written promissory note agreements executed by the Company and under oral agreements.  The agreement and notes had interest rates ranging from 0% to 12%.  The Company repaid notes totaling $20,826 and interest of $526 to its president and chief executive officer. As of December 31, 2010, $340,074 in principal and $639 in interest was due to its president and chief executive officer.