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5. DUE TO RELATED PARTY
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3 Months Ended |
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Jun. 30, 2012
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| Related Party Transactions Disclosure [Text Block] |
5. DUE
TO RELATED PARTY
At
March 31, 2012 and June 30, 2012, the Company was indebted to
the former Chairman of the Company (resigned effective August
5, 2011) for cash advances of $30,826. The amount is
unsecured, non-interest bearing and has no specific terms of
repayment.
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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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