NOTE 8 - COMMITMENTS
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3 Months Ended |
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Dec. 31, 2013
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Disclosure Text Block Supplement [Abstract] | |
Commitments Disclosure [Text Block] |
NOTE 8 – COMMITMENT
Joint Venture Agreement
As discussed in Note 3, the Company executed an agreement on December 21, 2010 to provide $10,000,000 to a joint venture on or before December 21, 2015. There is no assurance that the Company will have sufficient funds to meet this commitment.
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- Definition
The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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