Quarterly report pursuant to sections 13 or 15(d)

NOTE PAYABLE TO STOCKHOLDER

v2.3.0.11
NOTE PAYABLE TO STOCKHOLDER
3 Months Ended
Dec. 31, 2011
NOTE PAYABLE TO STOCKHOLDER [Abstract]  
NOTE PAYABLE TO STOCKHOLDER


NOTE 4   -

 NOTE PAYABLE TO STOCKHOLDER


On December 9, 2011, the Company received an additional $45,000 from an existing noteholder per the terms of an amendment to a secured promissory note payable executed in June 2011. Total principal due at December 31, 2011 under the amended note is $160,000. The original note and the amendment call for interest payable at 10% quarterly with a maturity date of December 31, 2012. Under the terms of the note, the Company will receive its final funding in March 2012.