Annual report pursuant to Section 13 and 15(d)

Note 7- Advance From Lenders

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Note 7- Advance From Lenders
12 Months Ended
Dec. 31, 2012
Notes  
Note 7- Advance From Lenders

NOTE 7– ADVANCE FROM LENDERS

 

During the year ended December 31, 2012, the Company received an aggregate of $885,000 net proceeds in connection with the expected issuance of convertible debt. As of December 31, 2012, the notes have yet to be executed and finalized, however, the Company accrued $66,916 as estimated interest as of December 31, 2012.