NOTE 5 - RELATED PARTY TRANSACTIONS

During the year ended September 30, 2009, the Company entered into a verbal loan

agreement with an officer of the Company,  whereby the Company  borrowed amounts

from time to time which are  interest-free,  payable  on demand.  During the six

months  ended March 31,  2012,  advances  of $9,973  were made  pursuant to this

agreement.  According to the terms of the "Asset  Purchase  Agreement"  with PFN

Holdings  (Note 4 & 6), all related party advances were fully repaid as of March