NOTE 8 – OFFICERS COMPENSATION

Issued Stock

At inception, January 26, 2010, the Company issued 200,000 shares to its officers which resulted in an expense of $200. In March of 2011, the Company issued 9,343,820 common shares to its founding officers. The compensation expense related to the issuance of shares was $9,344.

Salary

The Company estimates and accrues the fair value of services performed by its officers at $22,500 per month. For the six months ended June 30, 2012 the Company accrued $135,000 in officer compensation, of which $18,260 was paid. For the six months ended June 30, 2011 the Company accrued $135,000 in officer compensation, of which $0 was paid.