important data regarding this company, from their latest 10-K
Results of Operations
We are a development stage corporation. We have generated no revenues from our business operations since inception (May 30, 2006) and have incurred $233,374 in expenses through September 30, 2009.
The following table provides selected financial data about our company for the fiscal year ended September 30, 2009 and 2008, respectively.
Balance Sheet Data September 30, 2009 September 30, 2008
Cash and cash equivalents $ 136 $ 34,536
Total assets $ 136 $ 34,536
Total liabilities $ 27,440 $ 9,165
Shareholders’ equity (deficit) $ (27,304) $ 25,371
Our cash in the bank at September 30, 2009 was $136. Net cash provided by financing activities since inception
(May 30, 2006) through September 30, 2009 was $95,388, being $86,000 raised from the sale of our common stock
and $9,388 from loans from a shareholder.