Quarterly report pursuant to Section 13 or 15(d)

RELATED PARTY TRANSACTION

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RELATED PARTY TRANSACTION
 6 Months Ended
Jun. 30, 2012
Related Party Transaction  
RELATED PARTY TRANSACTION
NOTE C -- RELATED PARTY TRANSACTIONS

During the three and six months ended June 30, 2012, H.J. Cole, sole officer and director, advanced the Company $11,800 and $17,300, respectively.  These advances are non-interest bearing and due upon demand as funds become available.  During the three and six months ended June 30, 2011, the Company paid Mr. Cole $0 and $10,000, respectively,  to reimburse him for services rendered, for the cost of licensing fees that he previously incurred for the Company, and to pay for additional training relative to the foreclosure real estate market.  These costs were recorded as general and administrative expense in the accompanying financial statements.  During 2011, Mr. Cole advanced the Company $20,800 and refunded the Company $5,000 for payments made during the first quarter of 2011.  The $20,800 advance is non-interest bearing and due upon demand as funds become available.