12. Subsequent Event: Subsequent event, Policy (Policies)	9 Months Ended
Sep. 30, 2012
Policies
Subsequent event, Policy	On October 3, 2012, the Company signed a promissory note with K.O. Investments Ltd. ("the Lender") for the lesser of: (a) the principal amount of $250,000; (b) the unpaid principal balance of all advances made by the Lender to the Company. The unpaid balances of all advances shall bear interest at a rate of ten percent per annum up to and including the due date, that being December 3, 2012, and thirty percent per annum thereafter, calculated daily. On maturity this note was extended for a further three month term. As at December 14, 2012 the Company repaid $112,000 of this promissory note. Upon repayment of all the advances, the Company shall pay to the Lender, in addition to the interest accrued, thereon, an amount equal to $12,500, being five percent of the maximum principal. The note is secured by common shares of the Company of which are held in Escrow and by a personal guarantee of an officer of the Company.

12. Subsequent Event: Subsequent event, Policy (Policies)

9 Months Ended

Sep. 30, 2012

On October 3, 2012, the Company signed a promissory note with K.O. Investments Ltd. ("the Lender") for the lesser of:

(a) the principal amount of $250,000;

(b) the unpaid principal balance of all advances made by the Lender to the Company.

The unpaid balances of all advances shall bear interest at a rate of ten percent per annum up to and including the due date, that being December 3, 2012, and thirty percent per annum thereafter, calculated daily. On maturity this note was extended for a further three month term. As at December 14, 2012 the Company repaid $112,000 of this promissory note.

Upon repayment of all the advances, the Company shall pay to the Lender, in addition to the interest accrued, thereon, an amount equal to $12,500, being five percent of the maximum principal.

The note is secured by common shares of the Company of which are held in Escrow and by a personal guarantee of an officer of the Company.

Preventia, Inc. 10-Q