8. Subsequent Events
The Company evaluated its December 31, 2011 financial statements for subsequent events through the date the financial statements were issued. Except for the event discussed below, the Company is not aware of any subsequent events which would require recognition or disclosure in the financial statements.
Subsequent to December 31, 2011, the Company received loans totaling $15,000. These loans are unsecured, payable on demand and bear interest at the rate of 6% per annum.