Stalar 1, Inc. - FORM 10-Q - XML - IDEA: XBRL DOCUMENT - February 13, 2012

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v2.4.0.6
Related Party Balances and Transactions
 3 Months Ended
Dec. 31, 2011
Notes to Financial Statements  
Related Party Balances and Transactions

NOTE D - RELATED PARTY TRANSACTIONS

 

Equity Transaction

 

In November 2007, the Company issued 2,000,000 shares of common stock to Steven R. Fox, the President and a director, for total proceeds of $200.

 

Loan Payable - President

 

Steven R. Fox, the President and a director of the Company, has advanced funds to the Company to cover cash requirements. The loan is unsecured and is payable on demand with interest at the prime rate of 3.25% at December 31, 2011.

 

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