Note 3 - Related Party Transaction
The Company neither rents nor owns any properties. The Company utilizes the office space and equipment of its resident agent at no charge. Management estimates the value of such space and equipment to be immaterial.
On May 31, 2011, the Company issued an aggregate of 25,010,000 shares of Common Stock to Maurice Sale, the Company President for payment of services valued at $2,501.
During year ended July 31, 2012, the Mr. Sale advanced $ 33,425 to fund working capital needs. That advance does not bear interest and has no stated terms for repayment. Mr. Sale contributed his services valued at $ 2,500, which has been added to Paid in Capital.