NOTE 8 - COMMITMENTS
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3 Months Ended |
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Jun. 30, 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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