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thecrusher2011

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thecrusher2011

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Sunday, 09/11/2011 11:57:39 PM

Sunday, September 11, 2011 11:57:39 PM

Post# of 36
Note 5 – Loan Payable


During the nine month period ended May 31, 2011, the Company obtained unsecured demand loans for $4,374 at an annual interest rate of 8%. Interest expense incurred and associated with the demand loans amounted to $850 during the nine month period ended May 31, 2011.


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