NOTE 4 DEVELOPMENT STAGE OPERATIONS
The Company was formed October 7, 2005. Initial funding for the Company was provided by the parents principal stockholder via equity capital, direct debt capital and indirect/related party debt capital. The Companys business operations commenced January 2, 2008 and were discontinued on April 15, 2009. Operations of the Company from inception have been devoted primarily to raising capital, obtaining financing, acquiring equipment, constructing improvements to the rented studio facilities, and administrative functions. Start-up and organization costs are expensed as incurred. The Company had limited operations in the fiscal year ended September 30, 2012. Transactions with shareholders and other related parties are described in other notes to these financial statements.