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3) Summary of Significant Accounting Policies: Property and Equipment (Policies)
12 Months Ended
Dec. 31, 2012
Policies  
Property and Equipment

Property and Equipment

 

Property and equipment consists primarily of furniture and fixtures and is stated at cost.  Depreciation and amortization are provided using the straight-line method over the estimated useful lives (seven years) of the related assets. Expenditures for maintenance and repairs, which do not extend the economic useful life of the related assets, are charged to operations as incurred.  Gains or losses on disposal of property and equipment are reflected in the statement of operations in the period of disposal.