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10-K - ANNUAL REPORT - American Housing REIT Inc.otgi_10k.htm
EX-32.1 - CERTIFICATION - American Housing REIT Inc.otgi_ex321.htm
EX-31.1 - CERTIFICATION - American Housing REIT Inc.otgi_ex311.htm
EXCEL - IDEA: XBRL DOCUMENT - American Housing REIT Inc.Financial_Report.xls
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v2.4.0.6
10. Subsequent Events
12 Months Ended
Sep. 30, 2012
Notes to Financial Statements  
10. Subsequent Events

 

Note 10. Subsequent Events

 

The Company entered into various promissory note agreements (the “Notes”) with a shareholder in the total amount of $80,000. The Notes and date they were issued are; $25,000 on October 2, 2012, $10,000 on October 4, 2012, $10,000 on November 7, 2012, $5,000 on November 21, 2012 and $30,000 on December 6, 2012. The Notes have semi-annual interest payments and mature in one year. The Notes carry a 12% interest rate. The Notes have no-prepayment penalty.