Jiu Feng Investment Hong Kong Ltd - FORM 10-K - XML - IDEA: XBRL DOCUMENT - May 8, 2012



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10-K - FORM 10-K - Jiu Feng Investment Hong Kong Ltdlbyv10k022912.htm
v2.4.0.6
NOTE 4 RELATED PARTY TRANSACTIONS
12 Months Ended
Feb. 29, 2012
Notes to Financial Statements  
NOTE 4 RELATED PARTY TRANSACTIONS

NOTE 4 – RELATED PARTY TRANSACTIONS

Consulting services from President and Chief Financial Officer

The President of the Company provides management consulting services to the Company. During the year ended February 29, 2012, management consulting services of $24,000 (February 28, 2011: $24,000) were charged to operations. During the last quarter of fiscal 2011 the Company issued 640,000 restricted shares of common stock in the capital of the Company at a deemed price of $0.05 per share to settle the amount owed to the Company’s President.

 

At February 29, 2012 the Company owed $24,000 (February 28, 2011: $Nil) to the President of the Company for management consulting services.

The Chief Financial Officer of the Company provides consulting services to the Company. During the year ended February 29, 2012, consulting services of $24,000 (February 28, 2011: $Nil) were charged to operations. During the last quarter of fiscal 2011 the Company issued 640,000 restricted shares of common stock in the capital of the Company at a deemed price of $0.05 per share to settle the amount owed to the Company’s Chief Financial Officer.

 

At February 29, 2012 the Company owed $24,000 (February 28, 2011: $Nil) to the Chief Financial Officer of the Company for consulting services.

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