Quarterly report pursuant to sections 13 or 15(d)

COMMITMENTS

COMMITMENTS

3 Months Ended

Mar. 31, 2012

NOTE 5. COMMITMENTS

Operating Lease

The Company has a non-cancelable operation lease obligation related to its office in Austin, Texas. The following table summarizes the Company’s future minimum payments as of March 31, 2012:

	Total		2012		2013		2014		Thereafter

Office leases	$	206,721	$	33,636	$	68,206	$	69,608	$	35,271

Rent expense was $2,106 and $0 for the quarters ended March 31, 2012 and 2011, respectively.

- Definition

The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights.

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