Related Party Transactions

9 Months Ended

Sep. 30, 2013

Notes

Related Party Transactions

Note 4:  Related Party Transactions

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.  In June 2013, the Company repurchased these shares for $109,416 and 200,000 shares of common stock.

Kip Eardley became the sole officer and director again on December 31, 2008.  From that time until June 18, 2013, Mr. Eardley advanced money to the company and the amounts were converted into the following promissory notes:

Date	Amount
September 30, 2011	$10.900
December 30, 2011	$1,500
March 31,2012	$16,335
June 30,2012	$500
July 23,2012	$6,000
November 6, 2012	$4.000
February 26, 2013	$5,000
April 2, 2013	$100
May 20, 2013	$1,300
June 18, 2013	$8,903

All of the money was used to pay operating expenses.  All of the notes accrued interest at 2% annually until repaid.  Accrued interest on these notes at the time of payoff was $1,046.  The notes were paid in full on June 19, 2013.  Mr. Eardley resigned as an officer and director of the Company on June 18, 2013.

On June 18, 2013, the board of directors approved the issuance of 1,000,000 Series E Preferred Stock to Brett Bertolami for $165,000.  Mr. Bertolami is now the sole officer and director of the Company.

For 2013 and 2012, the former sole officer and director of the Company has provided office space at no cost to the Company.