RELATED PARTY PROMISSORY NOTE	12 Months Ended
RELATED PARTY PROMISSORY NOTE	Dec. 31, 2011
Related Party Promissory Note
RELATED PARTY PROMISSORY NOTE	NOTE 8 – RELATED PARTY PROMISSORY NOTE On November 10, 2010, the Company issued a promissory note of $200,000, which was unsecured, non-interest bearing and payable by June 30, 2011. The promissory note was discounted at an imputed interest rate of 12% per annum for a total discount of $14,230. During 2011, the Company recorded amortization of this discount of $11,054 and the discount was fully amortized as of December 31, 2011. The note holder was appointed as a director of the Company during July, 2011. The proceeds of $200,000 were initially received as subscriptions received for the purchase of 800,000 common shares at $0.25 per share with the funds restricted for the acquisition of the world rights to the patent from ECO, and was converted to the promissory note when the proceeds were used as working capital. During the year ended December 31, 2011, the 800,000 common shares were issued after the acquisition of the world rights to retire the debt.

ALPHA WASTEWATER, INC. 10-K