Quarterly report pursuant to Section 13 or 15(d)

Statements of Cash Flows (Unaudited)

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Statements of Cash Flows (Unaudited) (USD $)
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net income $ 12,790 $ 16,331
Adjustments to reconcile net loss to net cash used by operating activities:    
Deferred tax expense (benefit) (770) 56
Depreciation and write off of assets 0 444
Changes in operating assets and operating liabilities:    
Accounts receivable 0 0
Prepaid expenses and other assets 1,375 (205)
Income tax payable (426) 638
Indebtedness to related parties and accrued liabilities (5,600) (6,731)
Net cash provided by operating activities 7,369 10,533
Cash flows from investing activities:    
Purchases of property and equipment 0 0
Proceeds from and (payments for) certificates of deposit (59) (133)
Net cash (used in) investing activities (59) (133)
Net change in cash 7,310 10,400
Cash, beginning of period 201,745 157,243
Cash, end of period 209,055 167,643
Supplemental disclosure of cash flow information:    
Cash paid during the period for Income tax $ 4,250 $ 4,200