Quarterly report pursuant to Section 13 or 15(d)

NOTE 3 - DEFERRED REVENUE

v2.4.0.6
NOTE 3 - DEFERRED REVENUE
6 Months Ended
Jun. 30, 2012
Notes to Financial Statements  
NOTE 3 - DEFERRED REVENUE

NOTE 3– DEFERRED REVENUE

Deferred revenue represents advance payments for the license, the design and development of the software, content and related technology for the creation of an interactive, 3D entertainment portal on the internet.  During the period herein, no services were provided. The deferred revenue balance is $226,950.