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10-K - DEGARO INNOVATIONS CORP FORM 10-K FOR 2012 - Blue Water Petroleum Corp.degaro-form10k2012.htm
EXCEL - IDEA: XBRL DOCUMENT - Blue Water Petroleum Corp.Financial_Report.xls
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EX-32 - SOX SECTION 906 CERTIFICATION OF THE CEO - Blue Water Petroleum Corp.degaro-section906certificati.htm
EX-31 - SOX SECTION 302(A) CERTIFICATION OF THE CEO - Blue Water Petroleum Corp.degaro-section302certificati.htm
v2.4.0.6
5. Loan Payable
12 Months Ended
Jul. 31, 2012
Debt Disclosure [Text Block]

5.        Loan Payable


At July 31, 2012 and 2011, the Company was indebted to an unrelated third party for $42,551 and $12,437, respectively. This loan is non-interest bearing and is due on demand. During the year ended July 31, 2012, the Company recorded imputed interest of $4,258.