NOTE 6 ACCRUED EXPENSES
During the year ended December 31, 2011, the Company has accrued expense of $49,179 to Gottbetter & Partners, LLP as attorney service fee regarding general corporate matters and $22,000 regarding SEC matters. Total accrued expenses from professional services were $71,179. There is also an accrued director fee in the amount of $60,000 and accrued expenses related to an issuance of convertible note back in 2009 in the amount of $10,657. Together with the accrued interest from the Theory Capital Corp. note, total accrued expenses as of December 31, 2011 are $141,836.