Note 5 - Related Party
During the nine months ended
September 30, 2011 and 2010, Hunt Global Resources, Inc., the Companys majority shareholder, advanced funds to the Company
totaling $30,025 and $220,358, respectively to support its legal and accounting functions. These funds are unsecured, non interest
bearing and due on demand. The Company has Advances-related party balances of $234,361 and $204,336 as of September 30, 2011 and
December 31, 2010, respectively.