mdhi here is something to concider on the financial cost of the audited financials.
Quote:
Change in Control
None.
ITEM 13. Certain Relationships and Related Transactions, and Director Independence
On June 24, 2008, we issued 30,000,000 founder shares of common stock pursuant to the exemption from registration set forth in section 4(2) of the Securities Act of 1933.
ITEM 14. Principal Accountant Fees and Services
Fees Paid to Independent Public Accountants for 2011 and 2010.
Audit Fees
For the Company’s fiscal years ended June 30, 2011 and 2010, we were billed approximately $12,500 and $13,500, respectively, for professional services rendered for the audit and review of our financial statements .
Audit-Related Fees
There were no fees for audit related services for the years ended June 30, 2011 and 2010.
Tax Fees
For the Company’s fiscal years ended June 30, 2011 and 2010, we were not billed for professional services rendered for tax compliance, tax advice, and tax planning..
All Other Fees
None.
Policy on Audit Committee Pre-Approval of Audit and Permissible Non-Audit Services of Independent Auditors
Since we did not have a formal audit committee, our board of directors served as our audit committee. We have not adopted pre-approval policies and procedures with respect to our accountants in 2011. All of the services provided and fees charged by our independent registered accounting firms in 2011 were approved by the board of directors.
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