Short - term Loan
|
6 Months Ended |
---|---|
Jun. 30, 2012
|
|
Notes to Financial Statements | |
Note 6. Short-term Loan |
On March 22, 2012, the company entered into a six-month loan agreement with Qin Ling (the Lender), a third party, in an amount with a US Dollar equivalent of $79,282. The company issued 879,196 shares common stock of the Company as collateral to the Lender. The collateral will be returned to the company on the payback date of the loan. |
X | ||||||||||
- Definition
The entire disclosure for short-term debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|