SUBSEQUENT EVENTS
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9 Months Ended |
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Sep. 30, 2012
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Notes to Financial Statements | |
Note 15. SUBSEQUENT EVENTS |
On October 22, 2012 the Company issued an unsecured promissory demand note in the amount of $5,000 to an accredited investor, bearing interest at a rate of 4% per annum. |
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- Details
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- Definition
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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