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EXCEL - IDEA: XBRL DOCUMENT - HARBOR ISLAND DEVELOPMENT CORP.Financial_Report.xls
10-Q - DECEMBER 31, 2011 10Q - HARBOR ISLAND DEVELOPMENT CORP.f10q123111_10q.htm
XML - IDEA: XBRL DOCUMENT - HARBOR ISLAND DEVELOPMENT CORP.R5.htm
XML - IDEA: XBRL DOCUMENT - HARBOR ISLAND DEVELOPMENT CORP.R1.htm
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EX-32.1 - EXHIBIT 32.01 SECTION 906 CERTIFICATION - HARBOR ISLAND DEVELOPMENT CORP.f10q123111_ex32z1.htm
EX-31.1 - EXHIBIT 31.01 SECTION 302 CERTIFICATION - HARBOR ISLAND DEVELOPMENT CORP.f10q123111_ex31z1.htm
EX-31.2 - EXHIBIT 31.02 SECTION 302 CERTIFICATION - HARBOR ISLAND DEVELOPMENT CORP.f10q123111_ex31z2.htm
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Notes Payable
9 Months Ended
Dec. 31, 2011
Notes Payable {1}  
Notes Payable

3.

Notes Payable

 

a)

As of December 31, 2011, the Company had an outstanding note payable of $8,100 (March 31, 2011 - $8,100) to a non-related party.  Under the terms of the note, the amount owing is unsecured, due interest at 10% per annum and due on demand.  As at December 31, 2011, accrued interest of $1,471 (March 31, 2011 - $861) has been recorded in accrued liabilities.

 

b)

As of December 31, 2011, the Company had outstanding note payables of $64,301 (March 31, 2011 - $53,551) to related parties.  Under the terms of the notes, the amounts owing are unsecured, due interest at 10% per annum and due on demand.  As at December 31, 2011, accrued interest of $8,323 (March 31, 2011 - $3,784) has been recorded in accrued liabilities.