2. INTERIM FINANCIAL STATEMENTS
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3 Months Ended | ||
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Jun. 30, 2011
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Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] |
The
unaudited financial statements as of June 30, 2011 and for
the three months ended June 30, 2011 and 2010 and for the
period from July 3, 2008 (inception) to June 30, 2011 have
been prepared in accordance with accounting principles
generally accepted in the United States for interim financial
information and with instructions to Form 10-Q. In the
opinion of management, the unaudited financial statements
have been prepared on the same basis as the annual financial
statements and reflect all adjustments, which include only
normal recurring adjustments, necessary to present fairly the
financial position as of June 30, 2011 and the results of
operations and cash flows for periods ended June 30, 2011 and
2010 and for the period from July 3, 2008 (inception) to June
30, 2011. The financial data and other information disclosed
in these notes to the interim financial statements related to
these periods are unaudited. The results for the three months
ended June 30, 2011 are not necessarily indicative of the
results to be expected for any subsequent quarter of the
entire year ending March 31, 2012. The balance sheet at March
31, 2011 has been derived from the audited financial
statements at that date.
Certain
information and footnote disclosures normally included in
financial statements prepared in accordance with accounting
principles generally accepted in the United States have been
condensed or omitted pursuant to the Securities and Exchange
Commission’s rules and regulations. These unaudited
financial statements should be read in conjunction with our
audited financial statements and notes thereto for the period
ended March 31, 2011 as included in our report on Form 10-K
filed on July 14, 2011.
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