Quarterly report pursuant to Section 13 or 15(d)

4. DUE TO ADMINISTRATIVE SERVICES COMPANY

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4. DUE TO ADMINISTRATIVE SERVICES COMPANY
3 Months Ended
Jun. 30, 2012
Dueto Administrative Services Company
4.     DUE TO ADMINISTRATIVE SERVICES COMPANY

On March 25, 2011, Magnus Management (2006) Ltd. (an administrative services company) advanced $15,000 on behalf of the Company to the Company’s law firm in connection with the Company’s planned public offering (see Note 8). The $15,000 advance due Magnus does not bear interest and is due on demand.