NOTE 5 - DUE TO RELATED PARTY
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3 Months Ended |
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Sep. 30, 2013
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Related Party Transactions [Abstract] | |
Related Party Transactions Disclosure [Text Block] |
NOTE 5 – DUE TO RELATED PARTY
At September 30, 2013, the Company is indebted to the former Chairman of the Company (resigned effective August 5, 2011) for cash advances and expenses paid of $39,866 (March 31, 2013 - $32,632). The amount is unsecured, non-interest bearing, has no specific terms of repayment, and will not be demanded within the following fiscal year.
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- Definition
The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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