NOTE PAYABLE - RELATED PARTY:	6 Months Ended
Sep. 30, 2011
NOTE PAYABLE - RELATED PARTY:	NOTE 2 -NOTE PAYABLE – RELATED PARTY: On May 25, 2011, the Company entered into an unsecured loan agreement with Broadband Capital Management, LLC “BCM”, pursuant to which the Company agreed to repay $12,500 on or before the earlier of (i) December 31, 2016 or (ii) the date that the Company (or a wholly owned subsidiary of the Company) consummates a merger or similar transaction with an operating business. Michael Rapp, our President and director, and Philip Wagenheim, our Secretary and director, serve as management of BCM, a registered broker-dealer. Interest accrues on the outstanding principal balance of this loan on the basis of a 360-day year daily from May 25, 2011, the effective date of the loan, until paid in full at the rate of four percent (4%) per annum. Form inception (May 24, 2011) to September 30, 2011, interest expense was $177.

NOTE PAYABLE - RELATED PARTY:

6 Months Ended

Sep. 30, 2011

NOTE 2 -NOTE PAYABLE – RELATED PARTY:

On May 25, 2011, the Company entered into an unsecured loan agreement with Broadband Capital Management, LLC “BCM”, pursuant to which the Company agreed to repay $12,500 on or before the earlier of (i) December 31, 2016 or (ii) the date that the Company (or a wholly owned subsidiary of the Company) consummates a merger or similar transaction with an operating business. Michael Rapp, our President and director, and Philip Wagenheim, our Secretary and director, serve as management of BCM, a registered broker-dealer. Interest accrues on the outstanding principal balance of this loan on the basis of a 360-day year daily from May 25, 2011, the effective date of the loan, until paid in full at the rate of four percent (4%) per annum.

Form inception (May 24, 2011) to September 30, 2011, interest expense was $177.

PLASTRON ACQUISITION CORP III 10-Q