Related Party Disclosures

12 Months Ended

Dec. 31, 2011

Related Party Disclosures

Related Party Transactions Disclosure [Text Block]

Note 4:  Related Party Transactions

For 2011 and 2010, the sole officer and director of the Company has provided office space at no cost to the Company.

Between August 2005 and September 2006 Capital Builders, Inc., a company owned and controlled by Kip Eardley, who was also an officer and director of the Company, advanced $50,000 to the Company.  Mr. Eardley resigned in September 2006.  On October 23, 2006, the Company entered into a Debt Settlement Agreement with Capital Builders whereby 100% of the debt was exchanged for 1,000,000 Series E Preferred Shares.  Each Series E Share has voting rights equal to 10 shares of common stock, are not convertible into any other class of stock of the Company and have no preference to dividends or liquidation rights.

In 2010, the Company paid a single payment of $500 to Capital Builders for services rendered in connection with accounting preparation and negotiating with the Series B Preferred shareholder to cancel the shares.  On April 20, 2011, the Series B Preferred shares were cancelled.

In January and February 2011, Capital Builders loaned the Company $500 and advanced funds on behalf of the Company in the amount of $400.  In April, Capital Builders loaned the Company $10,000.  On September 30, 2011, these loans were converted to a promissory note in the amount of $10,900 which accrues interest at 2% annually until repaid.  On October 27, 2011, Capital Builders loaned the Company $1,500. On December 30, 2011, this loan was converted to a promissory note in the amount of $1,500 which accrues interest at 2% annually until repaid. Accrued interest on these loans at year end is $55.