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3) Summary of Significant Accounting Policies: Fair Value of Financial Instruments (Policies)
12 Months Ended
Dec. 31, 2012
Policies  
Fair Value of Financial Instruments

Fair Value of Financial Instruments

 

The carrying value of the Company’s financial instruments, consisting of cash, accounts payable, and borrowings, approximates their fair value due to the relatively short maturity (three months) of these instruments.

Advertising

 

Advertising costs are expensed as incurred and are included in general and administrative expenses.  Advertising charges incurred for the years ended December 31, 2012 and 2011 were nominal.