Quarterly report pursuant to Section 13 or 15(d)

NOTE 6 - RELATED PARTY TRANSACTIONS

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NOTE 6 - RELATED PARTY TRANSACTIONS
9 Months Ended
Sep. 30, 2011
Notes to Financial Statements  
NOTE 6 - RELATED PARTY TRANSACTIONS

NOTE 6 - RELATED PARTY TRANSACTIONS

 

The Company is a partner in several limited partnerships (Note 4). The Company occasionally pays for operating expenses of the partnerships and is reimbursed as funds become available to the partnerships. The Company received a $30,000 loan from director Donna Steward in 2004 as stated in note 7. Additionally, the Company uses 500 square feet of office space from its Interim President rent free. There are no commitments attached to this space.