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Loan From Shareholder
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9 Months Ended |
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Dec. 31, 2013
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| Loan From Shareholder | |
| Loan from shareholder |
NOTE 4 – LOAN FROM SHAREHOLDER
During the three month period ended March 31, 2012, a shareholder and officer loaned $3,600 to the Company to open the bank account and help fund operations. The shareholder/officer loaned another $5,724 during the year ended March 31, 2013. During the three month period ended December 31, 2013, a shareholder and officer loaned an additional $400 to the Company and another shareholder advanced to the Company $1,145 towards expenses of the Company. The balance due on these loans was $10,869 and $9,324 as of December 31, 2013 and March 31, 2013, respectively. The loans are unsecured, non-interest bearing and due on demand. |
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- Details
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- Definition
The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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