IBOX coming soon
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).
Yes x No o
March 31, 2011, 633 shares of preferred stock are outstanding that may be converted into 633 shares of common stock
17,300,709 shares of $0.001 par value common stock on May 16, 2011 As of March 31, 2011, the Company had debts of $114,904 and may further obligate itself as it pursues its plan of operations.
Plan of Operations
The Company has not received any revenue from operations in each of the last two fiscal years and is considered a development stage enterprise. The Company's current operations have consisted of taking such action as management believes necessary to prepare to seek an acquisition or merger with an operating entity. The Company's former officer and director, who is a stockholder of the Company, has financed the Company's current operations, which have consisted primarily of maintaining in good standing the Company's corporate status, in fulfilling its filing requirements with the Securities and Exchange Commission, including the audit of its financial statements, and in changing the marketplace of its securities