Tuesday, May 22, 2012 7:07:22 AM
16. Use of Proceeds
Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.
$130,000 USD
X Estimate
Clarification of Response (if Necessary):
Represents amount paid in repayment of loans
http://sec.gov/Archives/edgar/data/1381105/000121390012002801/xslFormDX01/primary_doc.xml
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