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Subsequent Events
9 Months Ended
Jun. 30, 2011
Subsequent Events [Abstract]  
Subsequent Events

6.           Subsequent Events

 

The Company raised $50,000 through two private placements to the Company’s chairman of the board and another board member during July 2011 (46,296 shares for $25,000 and 48,077 shares for $25,000). These shares have not been registered with the SEC. However, the Company’s chairman of the board and the board member received demand registration rights, subject to certain limitations, and unlimited piggyback registration rights, with respect to the shares. The Company is only obligated to use its best efforts to obtain an effective registration statement.

 

On July 12, 2011, the president loaned the Company $35,000 for working capital until it can raise more funds through the sale of shares to non-related parties.