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Related Party Transactions
9 Months Ended
Nov. 30, 2014
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]
Note 5 – Related Party Transactions
 
Related parties with whom the Company had transactions are:
 
Related Parties
 
Relationship
 
 
 
Washington Capital Advisors LLC
 
An entity owned and controlled by the president and chief executive officer of the Company
 
Notes Payable – Officer/Stockholder
 
On January 17, 2014, February 10, 2014, June 6, 2014, July 21, 2014, October 7, 2014 and November 6, 2014 Washington Capital Advisors LLC, provided $20,000, $2,500, $5,000, $16,000, $10,000 and $4,000 loans, respectively, to the Company for working capital purposes. The notes bear interest at 1.5% per annum and are due on demand.
 
On August 1, 2014, the Company repaid $40,000 to Washington Capital Advisors LLC. The repayment included principal and interest through that date.
 
Revenue
 
One hundred percent (100%) of the Company’s revenue comes from the management of two properties under management services contracts. These properties are owned in part by the Chief Executive Officer and Chief Financial Officer of the Company.
 
Office Space
 
The Company sublets an approximate 250 square foot office space in Marshall, Virginia, which serves as its principal executive offices. The sublease is on a month-to-month basis for $350 per month. The sublease is with Washington Capital Advisors, a company controlled by C. Thomas McMillen, the Company’s Chairman, President and Chief Executive Officer.
 
Rent expense related to its office space was $3,150 for the nine month reporting period ended November 30, 2014.