Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v2.4.0.8
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2012
Notes to Financial Statements  
Financial Assets and Liabilities at carrying value and estimated fair value

    December 31  
    2012     2011  
    Carrying Value     Estimated Fair Value     Carrying Value     Estimated Fair Value  
Financial Assets                        
Cash   $ 159,297       159,297     $ 7,946       7,946  
Other receivables     7,332       7,332       718       718  
                                 
Financial Liabilities                                
Short-term loan     79,282       79,282       -       -  
Other payable     62,641       62,641       -       -  
Amount due to director     49,767       49,767       -       -  
Accrued Liabilities     55,830       55,830       28,739       28,739