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EXCEL - IDEA: XBRL DOCUMENT - Modern Mobility Aids, Inc.Financial_Report.xls
XML - IDEA: XBRL DOCUMENT - Modern Mobility Aids, Inc.R9.htm
EX-32 - EXHIBIT 32 - Modern Mobility Aids, Inc.v327622_ex32.htm
EX-31 - EXHIBIT 31 - Modern Mobility Aids, Inc.v327622_ex31.htm
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10-K - ANNUAL REPORT - Modern Mobility Aids, Inc.v327622_10k.htm
v2.4.0.6
Shareholder Loan
12 Months Ended
Jun. 30, 2012
Debt Disclosure [Abstract]  
Shareholder Loan
5. Shareholder Loan

 

The loan payable is payable on demand, unsecured and bears no interest. The loan shall be payable on demand within five (5) days from the date of request. In the event payment is not timely made, interest will accrue on the unpaid balance at the rate of 15% per annum, compounded monthly, from and after the date of such failure to pay. As of June 30, 2012 the loan consisted of $301,711 principal and accrued interest of $Nil.