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Note 2 - Notes payable Disclosure: Notes payable Disclosure (Policies)
12 Months Ended
Dec. 31, 2012
Policies  
Notes payable Disclosure

At December 31, 2011 and 2012 the Company had notes payable totaling $16,000 and $17,000. One note with a balance at end 2011 and 2012 of $1,500 is due to a related party shareholder, is unsecured, bears no interest until June 1, 2011 and 6% compounded monthly thereafter, with principal and interest due in full at June 1, 2012. Two notes with balances at end 2011 and 2012 of $12,500 and $13,500 are due to a related party shareholder, are unsecured, bear no interest until December 31, 2012 and 6% compounded monthly thereafter, with principal and interest due in full at December 31, 2013.

The Company’s other note with a balance at end 2011 and 2012 of $2,000 is unsecured, bears no interest until December 31, 2010 and 6% compounded monthly thereafter, with principal and interest due in full at June 28, 2011. The principal balance on the note is convertible anytime at the holder’s discretion into common shares of the Company at 50% of the lowest bid price of the Company’s common stock if quoted on an exchange, or if not quoted, at double the par value.

Accrued interest payable under all notes at end 2011 and 2012 was »$176] and $403, with interest expense in 2011 and 2012 of $176 and $403.

The future principal repayment schedule by year for all notes combined is: Presently due $3,500, 2013 $13,500.