v2.4.0.6

BALANCE SHEETS (USD $)	Sep. 30, 2012	Dec. 31, 2011
CURRENT ASSETS:
Cash and cash equivalents	$ 500
Total current assets	500
TOTAL ASSETS	500
CURRENT LIABILITIES:
Advances - related party	43,270	22,471
Total current liabilities	43,270	22,471
LONG TERM LIABILITIES:
Accrued interest - related party	642	263
Note payable - related party	12,500	12,500
Total long-term liabilities	13,142	12,763
TOTAL LIABILITIES	56,412	35,234
STOCKHOLDERS' DEFICIT:
Preferred stock, $.0001 par value; 10,000,000 shares authorized; 0 issued and outstanding
Common stock, $.0001 par value; 100,000,000 shares authorized;5,000,000 shares issued and outstanding	500	500
Additional paid-in capital
Stock receivable		(500)
Deficit accumulated during the development stage	(56,412)	(35,234)
TOTAL STOCKHOLDERS' DEFICIT	(55,912)	(35,234)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 500

Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock.

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Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

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Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.

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Amount of subscription receivable from investors who have been allocated common stock.

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Cumulative net losses reported during the development stage.

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Amount of payable due to an entity that is affiliated with the reporting entity by means of direct or indirect ownership. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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The aggregate obligations owed to related parties other than affiliates, officers or stockholders (for example, owner's immediate families or employee pension trusts) at the financial statement date, which are due after one year (or one business cycle, if longer).

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Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.

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Total of all Liabilities and Stockholders' Equity items (or Partners' Capital, as applicable), including the portion of equity attributable to noncontrolling interests, if any.

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The amount for notes payable (written promise to pay), payable to related parties, which are due after one year (or one business cycle).

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PLASTRON ACQUISITION CORP IV 10-Q