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Related Party Transactions
6 Months Ended
Jun. 30, 2011
Related Party Transactions

During the nine months ended June 30, 2011, an officer and shareholders contributed $10,067 to the Company for working capital.

 

In 2008 and 2009 an officer provided the Company $13,165 and $55,485 in working capital advances for ongoing operations. The same officer in 2009 contributed $82,260 in debt relief to the Company (inclusive of the amounts noted in the previous sentence). The officer also gave 26,000 of the Company's common shares, owned by him, to other debtors in settlement of $18,000 in stock subscriptions payable and $170,729 in notes payable, which the officer then contributed to capital.