NOTE 11: SUBSEQUENT EVENTS
The Company has performed an evaluation
of subsequent events in accordance with ASC Topic 855. The Company is not aware of any subsequent events which would require recognition
or disclosure in the financial statements except for the following.
Subsequent to September 30, 2012,
the Company issued 1,552,795 common shares in conversion of $10,000 of the Neil Linder debenture dated
April 9, 2012. The shares were issued at $0.00644 pursuant to the conversion terms of the debenture.
Subsequent to September 30, 2012, the Company issued
8,344,500 common shares for services rendered.