Related Party Disclosures

3 Months Ended

Mar. 31, 2012

Related Party Disclosures

Related Party Transactions Disclosure [Text Block]

Note 3 – Related Party Transactions

As of March 31, 2012, the Company has advances from a shareholder of $47,015 from IACE Investments Two Inc., an 80% shareholder, for operating expenses paid on the Company’s behalf. The related party advances bear an interest rate of 8%, are unsecured and payable upon demand. As of March 31, 2012, the Company has accrued 9,504 in interest due to IACE since emerging from bankruptcy.