Quarterly report pursuant to Section 13 or 15(d)

Letter of Intent

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Letter of Intent
12 Months Ended
Dec. 31, 2011
Letter of Intent  
Letter of Intent

NOTE 5                LETTER OF INTENT

 

On April 29th, 2011, the Company signed a non-binding Confidential Letter of Intent (LOI) with a private company with respect to a possible Share Exchange Transaction, pending continued discussions, negotiations and completion of due diligence.  In good faith, a trust agent received a deposit of $25,000. On May 16, 2011, the deposits became non-refundable in accordance with the specifications of the LOI.  On June 15, 2011, the Company signed Addendum 1 to the Confidential Letter of Intent (CLOI) which amended the closing date no later than July 31, 2011.