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10-K - FORM 10K - GLOBALINK, LTD.globalink10k11.htm
v2.4.0.6
Advances from Shareholders
12 Months Ended
Dec. 31, 2011
Advances From Shareholders [Abstract]  
Advances from Shareholders

4.  Advances from Shareholders

Advances from shareholders are for the reimbursement of expenses incurred on behalf of the company by the three principal shareholders and they bear no interest due.  These notes are short term advances which are paid generally within one year.  The balance at December 31, 2010 is $14,983 and $43,523 for December 31, 2011.