RELATED PARTY TRANSACTIONS |
3 Months Ended |
|---|---|
Jun. 30, 2014 | |
| Notes to Financial Statements | |
| NOTE 5 - RELATED PARTY TRANSACTIONS | During the three months endedJune 30, 2014, Mr. Jiang Libin, appointed as the President and a director of the Company on December 12, 2015, hasadvancedthe Company $15,207 for operating expenses. During the three months ended March 31, 2014, Mr. Tsap Wai Ping, the former President of the Company who resigned on October 31, 2014 (the "Former President"), has advanced the Company $63,338 for operating expenses. These advances have been formalized by non-interest bearing demand notes.
As of June 30, 2014, the Company owed $487,358 and $15,207 to the Former President and Mr.Jiang Libin respectively.
As of March 31, 2014, the Company owed $487,358 to the Former President. |