6. Contingencies | 3 Months Ended |
|---|---|
Sep. 30, 2011 | |
| Contingencies Disclosure [Text Block] |
6. Contingencies
Accounts
payable and accrued liabilities as of September 30, 2011
include $180,666 (December 31, 2010 - $180,666) of amounts
owing to a supplier, which the Company is in the process of
disputing. The outcome of this matter cannot be determined
at this time. Any adjustment will be recorded in the period
that an agreement with the supplier is reached and the
amount becomes determinable.
The
Company has had three judgments made against it relating to
overdue promissory notes and accrued interest and a fourth
creditor has demanded repayment of an overdue promissory
note and accrued interest. To date, the Company has not
repaid any of these promissory notes and related accrued
interest and could be subject to further action. The legal
liability of these promissory notes and accrued interest
have been fully recognized and recorded by the
Company.
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