MIME-Version: 1.0 X-Document-Type: Workbook Content-Type: multipart/related; boundary="----=_NextPart_6f870b13_5097_4d22_ad13_89d12845e2b4" This document is a Single File Web Page, also known as a Web Archive file. If you are seeing this message, your browser or editor doesn't support Web Archive files. Please download a browser that supports Web Archive, such as Microsoft Internet Explorer. ------=_NextPart_6f870b13_5097_4d22_ad13_89d12845e2b4 Content-Location: file:///C:/6f870b13_5097_4d22_ad13_89d12845e2b4/Workbook.html Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii"

This page should be opened with Microsoft Excel XP or newer.

------=_NextPart_6f870b13_5097_4d22_ad13_89d12845e2b4 Content-Location: file:///C:/6f870b13_5097_4d22_ad13_89d12845e2b4/Worksheets/Sheet01.html Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii"
Document and Entity Information (USD $)
12 Months Ended
Dec. 31, 2012
Feb. 28, 2013
Document And Entity Information
Entity Registrant Name INVENTTECH INC.
Entity Central Index Key 0001495536
Document Type 10-K
Document Period End Date Dec 31, 2012
Amendment Flag false
Current Fiscal Year End Date --12-31
Is Entity a Well-known Seasoned Issuer? No
Is Entity a Voluntary Filer? No
Is Entity's Reporting Status Current? No
Entity Filer Category Smaller Reporting Company
Entity Public Float $ 0
Entity Common Stock, Shares Outstanding 4,850,000
Document Fiscal Period Focus FY
Document Fiscal Year Focus 2012
------=_NextPart_6f870b13_5097_4d22_ad13_89d12845e2b4 Content-Location: file:///C:/6f870b13_5097_4d22_ad13_89d12845e2b4/Worksheets/Sheet02.html Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii"
Balance Sheets (USD $)
Dec. 31, 2012
Dec. 31, 2011
CURRENT ASSETS
Cash and cash equivalents $ 953 $ 668
Total Current Assets 953 668
TOTAL ASSETS 953 668
CURRENT LIABILITIES
Accounts payable 1,019 6,930
Accounts payable - related party 27,458 7,797
Total Current Liabilities 28,477 14,727
STOCKHOLDERS' DEFICIT
Preferred stock, 50,000,000 shares authorized at par value of $0.0001, no shares issued and outstanding 0 0
Common stock, 100,000,000 shares authorized at par value of $0.0001, 4,850,000 issued and outstanding, respectively 485 485
Additional paid-in capital 42,415 42,415
Deficit accumulated during the development stage 70,424 56,959
Total Stockholders' Deficit (27,524) (14,059)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 953 $ 668
------=_NextPart_6f870b13_5097_4d22_ad13_89d12845e2b4 Content-Location: file:///C:/6f870b13_5097_4d22_ad13_89d12845e2b4/Worksheets/Sheet03.html Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii"
Balance Sheets (Parenthetical) (USD $)
Dec. 31, 2012
Dec. 31, 2011
Statement of Financial Position [Abstract]
Preferred Stock, Shares Authorized 50,000,000 50,000,000
Preferred Stock, Shares Par Value $ 0.0001 $ 0.0001
Preferred Stock, Shares Issued      
Preferred Stock, Shares Outstanding      
Common Stock, Shares Authorized 100,000,000 100,000,000
Common Stock, Shares Issued 4,850,000 4,850,000
Common Stock, Shares Outstanding 4,850,000 4,850,000
Common Stock, Shares Par Value $ 0.0001 $ 0.0001
------=_NextPart_6f870b13_5097_4d22_ad13_89d12845e2b4 Content-Location: file:///C:/6f870b13_5097_4d22_ad13_89d12845e2b4/Worksheets/Sheet04.html Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii"
Statements Of Operations (USD $)
12 Months Ended 32 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
Income Statement [Abstract]
REVENUES         
COST OF SALES         
GROSS MARGIN         
OPERATING EXPENSES
General and administrative 13,465 39,689 70,424
Total Operating Expenses 13,465 39,689 70,424
LOSS FROM OPERATIONS (13,465) (39,689) (70,424)
PROVISION FOR INCOME TAXES         
NET LOSS $ (13,465) $ (39,689) $ (70,424)
BASIC AND DILUTED LOSS PER SHARE $ 0 $ (0.01)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING - BASIC AND DILUTED 4,850,000 4,850,000
------=_NextPart_6f870b13_5097_4d22_ad13_89d12845e2b4 Content-Location: file:///C:/6f870b13_5097_4d22_ad13_89d12845e2b4/Worksheets/Sheet05.html Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii"
Statement Of Stockholders Equity(Deficit) (USD $)
Common Stock
Additional Paid-In Capital
Deficit Accumulated During The Development Stage
Total
Balance, Value at Apr. 28, 2010
Common Stock issued for cash at $0.0001 per share, Value $ 400       $ 400
Common Stock issued for cash at $0.0001 per share, Share 4,000,000
Common Stock issued for cash at $0.05 per share, Value 85 42,415    42,500
Common Stock issued for cash at $0.05 per share, Share 850,000
Net (loss) for the period       (17,270) (17,270)
Balance, Value at Dec. 31, 2010 485 42,415 (17,270) 25,630
Balance, Shares at Dec. 31, 2010 4,850,000
Net (loss) for the period       (39,689) (39,689)
Balance, Value at Dec. 31, 2011 485 42,415 (56,959) (14,059)
Balance, Shares at Dec. 31, 2011 4,850,000 4,850,000
Net (loss) for the period       (13,465) (13,465)
Balance, Value at Dec. 31, 2012 $ 485 $ 42,415 $ (70,424) $ (27,524)
Balance, Shares at Dec. 31, 2012 4,850,000 4,850,000
------=_NextPart_6f870b13_5097_4d22_ad13_89d12845e2b4 Content-Location: file:///C:/6f870b13_5097_4d22_ad13_89d12845e2b4/Worksheets/Sheet06.html Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii"
Statement Of Stockholders Equity(Deficit) (Parenthetical) (USD $)
Jul. 31, 2010
Apr. 30, 2010
Statement of Stockholders' Equity [Abstract]
Common Stock Issued,Price Per Share $ 0.05 $ 0.0001
------=_NextPart_6f870b13_5097_4d22_ad13_89d12845e2b4 Content-Location: file:///C:/6f870b13_5097_4d22_ad13_89d12845e2b4/Worksheets/Sheet07.html Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii"
Statements Of Cash Flows (USD $)
12 Months Ended 32 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
OPERATING ACTIVITIES
Net loss $ (13,465) $ (39,689) $ (70,424)
Changes in operating assets and liabilities:
Prepaid expenses    350   
Accounts payable (5,911) 14,727 1,019
Net Cash Used in Operating Activities (19,376) (24,612) (69,405)
Purchase of property and equipment         
Net Cash Used in Investing Activities         
FINANCING ACTIVITIES
Proceeds from loans payable-related parties 29,261    37,058
Repayment of loans payable-related parties 9,600    9,600
Proceeds from private placements       42,900
Net Cash Provided by Financing Activities 19,661    70,358
NET INCREASE (DECREASE) IN CASH 285 (24,612) 953
CASH AT BEGINNING OF PERIOD 668 25,280   
CASH AT END OF PERIOD 953 668 953
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION CASH PAID FOR:
Interest Paid         
Income taxes Paid         
------=_NextPart_6f870b13_5097_4d22_ad13_89d12845e2b4 Content-Location: file:///C:/6f870b13_5097_4d22_ad13_89d12845e2b4/Worksheets/Sheet08.html Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii"
Summary Of Significant Accounting Policies
12 Months Ended
Dec. 31, 2012
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNT POLICIES

 

Nature of Business

Inventtech Inc. (the “Company”) was incorporated in the State of Nevada on April 29, 2010. The Company is engaged in offering an interactive web-based Social media program designed for schools, and solely to be used by members of a particular school. The Company has no revenues and limited operations. The Company is classified as a development stage company since it has not earned any revenue from its planned operations and is devoting most of its efforts to developing its website, finalizing the design and development of its software, and raising capital.

 

Basis of Presentation

These financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States, and are expressed in US dollars. The Company’s fiscal year-end is December 31.

 

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

 

Revenue Recognition

The Company recognizes revenue when products are fully delivered or services have been provided and collection is reasonably assured.

 

Advertising Costs

The Company’s policy regarding advertising is to expense advertising when incurred. The Company did not incur any advertising expenses for the years ended December 31, 2012 and 2011.

 

Cash and Cash Equivalents

The Company considers all highly liquid instruments purchased with a maturity of three months or less to be cash equivalents to the extent the funds are not being held for investment purposes.

 

Basic (Loss) per Common Share

Basic (loss) per share is calculated by dividing the Company’s net loss applicable to common shareholders by the weighted average number of common shares during the period. Diluted earnings per share is calculated by dividing the Company’s net income available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. There are no such common stock equivalents outstanding as of December 31, 2012 and 2011.

Income Taxes

The Company provides for income taxes using an asset and liability approach. Deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax bases of assets and liabilities and the tax rates in effect when these differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance if, based on the weight of available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized.

 

The provision for income taxes differs from the amounts which would be provided by applying the statutory federal income tax rate of 15% to the net loss before provision for income taxes as follows:

 

 

   December 31, 2012  From inception through
December 31, 2011
Income tax expense (benefit) at statutory rate  $(2,020)   (2,591)
Change in valuation allowance   2,020    2,591 
Income tax expense  $0    0 

 

Net deferred tax assets consist of the following components as of:

 

   December 31,
2012
  December 31, 2011
NOL Carryover  $10,563    8,544 
Valuation allowance   (10,563)   (8,544)
Net deferred tax asset  $0    0 

 

Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carry forwards of approximately $70,424 for federal income tax reporting purposes could be subject to annual limitations should a change in ownership occur. The net operating loss carry forwards began to expire in 2032.

 

The Company did not identify any material uncertain tax positions.  The Company did not recognize any interest or penalties for unrecognized tax benefits.

 

The Company files income tax returns in the United States. All tax years are closed by expiration of the statute of limitations.

 

Recent Accounting Pronouncements

The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

------=_NextPart_6f870b13_5097_4d22_ad13_89d12845e2b4 Content-Location: file:///C:/6f870b13_5097_4d22_ad13_89d12845e2b4/Worksheets/Sheet09.html Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii"
Going Concern
12 Months Ended
Dec. 31, 2012
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN

NOTE 2 - GOING CONCERN

 

The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States, which contemplate continuation of the Company as a going concern.  However, the Company has not generated revenues since inception and has an accumulated deficit of $70,424 as of December 31, 2012.  The Company currently has limited liquidity and has not completed its efforts to establish a stabilized source of revenues sufficient to cover operating costs over an extended period of time.  These factors raise substantial doubt about the Company’s ability to continue as a going concern.

 

Management anticipates that the Company will be dependent, for the near future, on additional investment capital, primarily from its shareholders, to fund operating expenses. The Company intends to position itself so that it may be able to raise additional funds through the capital markets. In light of management’s efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern.

------=_NextPart_6f870b13_5097_4d22_ad13_89d12845e2b4 Content-Location: file:///C:/6f870b13_5097_4d22_ad13_89d12845e2b4/Worksheets/Sheet10.html Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii"
Stockholders' Equity
12 Months Ended
Dec. 31, 2012
Equity [Abstract]
STOCKHOLDERS' EQUITY

NOTE 3 - STOCKHOLDERS’ EQUITY

 

On April 29, 2010 (inception), the Company issued 4,000,000 shares of its common stock to its founders for cash of $400.

 

During July 2010, the Company closed a private placement for 850,000 common shares at a price of $0.05 per share. The Company received $42,500 of proceeds.

 

Common Stock

The Company is authorized to issue 100,000,000 common shares with a par value of $0.0001. As of December 31, 2012, there were 4,850,000 shares of common stock issued and outstanding. Upon liquidation, dissolution or winding up of the corporation, the holders of common stock are entitled to share ratably in all net assets available for distribution to shareholders after payment to creditors. The common stock is not convertible or redeemable and has no pre-emptive, subscription or conversion rights. There are no conversion, redemption, sinking fund or similar provisions regarding the common stock. Each outstanding share of common stock is entitled to one vote on all matters submitted to a vote of shareholders. There are no cumulative voting rights. Each shareholder is entitled to receive the dividends as may be declared by the Company’s Directors out of funds legally available for dividends and, in the event of liquidation, to share pro rata in any distribution of our assets after payment of liabilities.

 

The Company’s Directors are not obligated to declare a dividend. Any future dividends will be subject to the discretion of the Company’s Directors and will depend upon, among other things, future earnings, the operating and financial condition of the Company, the Company’s capital requirements, general business conditions and other pertinent factors. It is not anticipated that dividends will be paid in the foreseeable future.

 

Preferred Stock

The Company is authorized to issue 50,000,000 shares of preferred stock with a par value of $0.0001.  As of December 31, 2012, there were no preferred shares issued and outstanding.  The Company’s board of Directors is authorized by the articles of incorporation to divide the authorized shares of the Company’s preferred stock into one or more series, each of which must be so designated as to distinguish the shares of each series of preferred stock from the shares of all other series and classes. The Company’s board of Directors is authorized, within any limitations prescribed by law and the Company’s articles of incorporation, to fix and determine the designations, rights, qualifications, preferences, limitations and terms of the shares of any series of preferred stock.

 

Warrants

There are no outstanding warrants to purchase the Company’s securities.

 

Stock Options

The Company has not granted any stock options. There are no options to purchase the Company’s securities outstanding. The Company may in the future establish an incentive stock option plan for its Directors, employees and consultants.

 

Registration Rights

The Company has not granted registration rights to the selling shareholders or to any other persons.

 

------=_NextPart_6f870b13_5097_4d22_ad13_89d12845e2b4 Content-Location: file:///C:/6f870b13_5097_4d22_ad13_89d12845e2b4/Worksheets/Sheet11.html Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii"
Related Party Transactions
12 Months Ended
Dec. 31, 2012
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS

NOTE 4 – RELATED PARTY TRANSACTIONS

 

The Company owes a director of the Company $27,458 and $7,797 as of December 31, 2012 and December 31, 2011, respectively, for expenses paid on its behalf. The liability bears no interest, is unsecured and has no fixed date for repayment.

------=_NextPart_6f870b13_5097_4d22_ad13_89d12845e2b4 Content-Location: file:///C:/6f870b13_5097_4d22_ad13_89d12845e2b4/Worksheets/Sheet12.html Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii"
Subsequent Events
12 Months Ended
Dec. 31, 2012
Subsequent Events [Abstract]
SUBSEQUENT EVENTS

NOTE 5 - SUBSEQUENT EVENTS

 

In accordance with ASC 855-10 Company management reviewed all material events through the date of this report and there are no additional material subsequent events to report.

------=_NextPart_6f870b13_5097_4d22_ad13_89d12845e2b4 Content-Location: file:///C:/6f870b13_5097_4d22_ad13_89d12845e2b4/Worksheets/Sheet13.html Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii"
Summary Of Significant Accounting Policies (Policies)
12 Months Ended
Dec. 31, 2012
Accounting Policies [Abstract]
Nature of Business

Nature of Business

Inventtech Inc. (the “Company”) was incorporated in the State of Nevada on April 29, 2010. The Company is engaged in offering an interactive web-based Social media program designed for schools, and solely to be used by members of a particular school. The Company has no revenues and limited operations. The Company is classified as a development stage company since it has not earned any revenue from its planned operations and is devoting most of its efforts to developing its website, finalizing the design and development of its software, and raising capital.

Basis of Presentation

Basis of Presentation

These financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States, and are expressed in US dollars. The Company’s fiscal year-end is December 31.

Use of Estimates

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

Revenue Recognition

Revenue Recognition

The Company recognizes revenue when products are fully delivered or services have been provided and collection is reasonably assured.

Advertising Costs

Advertising Costs

The Company’s policy regarding advertising is to expense advertising when incurred. The Company did not incur any advertising expenses for the years ended December 31, 2012 and 2011.

Cash and Cash Equivalents

Cash and Cash Equivalents

The Company considers all highly liquid instruments purchased with a maturity of three months or less to be cash equivalents to the extent the funds are not being held for investment purposes.

Basic (loss) per Common Share

Basic (Loss) per Common Share

Basic (loss) per share is calculated by dividing the Company’s net loss applicable to common shareholders by the weighted average number of common shares during the period. Diluted earnings per share is calculated by dividing the Company’s net income available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. There are no such common stock equivalents outstanding as of December 31, 2012 and 2011.

Income Taxes

Income Taxes

The Company provides for income taxes using an asset and liability approach. Deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax bases of assets and liabilities and the tax rates in effect when these differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance if, based on the weight of available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized.

 

The provision for income taxes differs from the amounts which would be provided by applying the statutory federal income tax rate of 15% to the net loss before provision for income taxes as follows:

  

   December 31, 2012  From inception through
December 31, 2011
Income tax expense (benefit) at statutory rate  $(2,020)   (2,591)
Change in valuation allowance   2,020    2,591 
Income tax expense  $0    0 

 

Net deferred tax assets consist of the following components as of:

 

   December 31,
2012
  December 31, 2011
NOL Carryover  $10,563    8,544 
Valuation allowance   (10,563)   (8,544)
Net deferred tax asset  $0    0 

 

Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carry forwards of approximately $70,424 for federal income tax reporting purposes could be subject to annual limitations should a change in ownership occur. The net operating loss carry forwards began to expire in 2032.

 

The Company did not identify any material uncertain tax positions.  The Company did not recognize any interest or penalties for unrecognized tax benefits.

 

The Company files income tax returns in the United States. All tax years are closed by expiration of the statute of limitations.

Recent Accounting Pronouncements

Recent Accounting Pronouncements

The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

------=_NextPart_6f870b13_5097_4d22_ad13_89d12845e2b4 Content-Location: file:///C:/6f870b13_5097_4d22_ad13_89d12845e2b4/Worksheets/Sheet14.html Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii"
Summary Of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2012
Income Tax Disclosure [Abstract]
Schedule of Income Tax Expense

The provision for income taxes differs from the amounts which would be provided by applying the statutory federal income tax rate of 15% to the net loss before provision for income taxes as follows:

  

   December 31, 2012  From inception through
December 31, 2011
Income tax expense (benefit) at statutory rate  $(2,020)   (2,591)
Change in valuation allowance   2,020    2,591 
Income tax expense  $0    0 
Schedule of Net Deferred Tax Assets

Net deferred tax assets consist of the following components as of:

 

   December 31,
2012
  December 31, 2011
NOL Carryover  $10,563    8,544 
Valuation allowance   (10,563)   (8,544)
Net deferred tax asset  $0    0 

 

------=_NextPart_6f870b13_5097_4d22_ad13_89d12845e2b4 Content-Location: file:///C:/6f870b13_5097_4d22_ad13_89d12845e2b4/Worksheets/Sheet15.html Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii"
Summary Of Significant Accounting Policies - Schedule Income Tax Expense (Details) (USD $)
12 Months Ended 32 Months Ended
Dec. 31, 2012
Dec. 31, 2012
Summary Of Significant Accounting Policies - Schedule Income Tax Expense Details
Income tax expense (benefit) at statutory rate $ (2,020) $ (2,591)
Change in valuation allowance 2,020 2,591
Income tax expense $ 0 $ 0
------=_NextPart_6f870b13_5097_4d22_ad13_89d12845e2b4 Content-Location: file:///C:/6f870b13_5097_4d22_ad13_89d12845e2b4/Worksheets/Sheet16.html Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii"
Summary Of Significant Accounting Policies - Schedule Of Net Deferred Tax Assets (Details) (USD $)
Dec. 31, 2012
Dec. 31, 2011
Summary Of Significant Accounting Policies - Schedule Of Net Deferred Tax Assets Details
NOL Carryover $ 10,563 $ 8,544
Valuation allowance 10,563 8,544
Net deferred tax asset $ 0 $ 0
------=_NextPart_6f870b13_5097_4d22_ad13_89d12845e2b4 Content-Location: file:///C:/6f870b13_5097_4d22_ad13_89d12845e2b4/Worksheets/Sheet17.html Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii"
Summary Of Significant Accounting Policies (Income Taxes) (Narrative) (Details)
12 Months Ended
Dec. 31, 2012
Summary Of Significant Accounting Policies Income Taxes Narrative Details
Statutory federal income tax rate 15.00%
Net operating loss carry forward period

Began to expire in 2032.

------=_NextPart_6f870b13_5097_4d22_ad13_89d12845e2b4 Content-Location: file:///C:/6f870b13_5097_4d22_ad13_89d12845e2b4/Worksheets/Sheet18.html Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii"
Stockholders Equity (Narrative) (Details) (USD $)
0 Months Ended 1 Months Ended
Apr. 30, 2010
Founders
Jul. 31, 2010
Private Placement
Subsidiary, Sale of Stock [Line Items]
Shares Issued 4,000,000 850,000
Proceeds received from Shares issue $ 400 $ 42,500
------=_NextPart_6f870b13_5097_4d22_ad13_89d12845e2b4 Content-Location: file:///C:/6f870b13_5097_4d22_ad13_89d12845e2b4/Worksheets/Sheet19.html Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii"
Related Party Transactions (Narrative) (Details) (USD $)
Dec. 31, 2012
Dec. 31, 2011
Related Party Transaction [Line Items]
Due to Director $ 27,458 $ 7,797
Director
Related Party Transaction [Line Items]
Due to Director $ 27,458 $ 7,797
------=_NextPart_6f870b13_5097_4d22_ad13_89d12845e2b4 Content-Location: file:///C:/6f870b13_5097_4d22_ad13_89d12845e2b4/Worksheets/filelist.xml Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii" ------=_NextPart_6f870b13_5097_4d22_ad13_89d12845e2b4--