Note 3 - Related Party Transactions	9 Months Ended
Jul. 31, 2012
Notes
Related Party Transactions Disclosure	NOTE 3 - RELATED PARTY TRANSACTIONS Officer Wages For the nine months ended July 31, 2012, the Company recorded $1,075 in officer wages to Mark Bruk, its president, treasurer and sole director, which represents having worked 43 hours during the period at a rate of $25 per hour. Accrued Expenses For the nine months ended July 31, 2012, the Company accrued $500 of the $1,075 in officer wages, and paid the balance of $575 to Mark Bruk, its president, treasurer and sole director, which represents having worked 43 hours at a rate of $25 per hour. For the three months ended July 31, 2012, the Company accrued $250 in wages payable to Mark Bruk, its president, treasurer and sole director, which represents having worked 10 hours at a rate of $25 per hour. Notes Payable and Accrued Interest Effective as of November 1, 2009, we amended the shareholder loan agreement between the Company and Mr. Bruk, whereby Mr. Bruk agreed to continue to loan us funds, as required, to operate our business. The interest rate on the loan is 4.0%. The note is unsecured, due upon demand and accrues interest at the end of each month on the then outstanding balance on a last-in, first-out basis for new funds and payments. As of July 31, 2012, the Company had a note payable to an officer totalling $3,222. The note represents patent filing fees paid by the officer totalling $31,048 and cash advances for the payment of general corporate expenses of $230,081. The Company has repaid $257,907 of this note as of July 31, 2012. Accrued interest payable on the note totals $9,105 at July 31, 2012. Loan Payable and Accrued Interest As of July 31, 2012, the Company had fully repaid a $450,000 loan from Mr. Bruk, its president, treasurer and sole director, and had accrued interest payable on the loan totalling $42,331.

Note 3 - Related Party Transactions

9 Months Ended

Jul. 31, 2012

NOTE 3 - RELATED PARTY TRANSACTIONS

Officer Wages

For the nine months ended July 31, 2012, the Company recorded $1,075 in officer wages to Mark Bruk, its president, treasurer and sole director, which represents having worked 43 hours during the period at a rate of $25 per hour.

Accrued Expenses

For the nine months ended July 31, 2012, the Company accrued $500 of the $1,075 in officer wages, and paid the balance of $575 to Mark Bruk, its president, treasurer and sole director, which represents having worked 43 hours at a rate of $25 per hour. For the three months ended July 31, 2012, the Company accrued $250 in wages payable to Mark Bruk, its president, treasurer and sole director, which represents having worked 10 hours at a rate of $25 per hour.

Notes Payable and Accrued Interest

Effective as of November 1, 2009, we amended the shareholder loan agreement between the Company and Mr. Bruk, whereby Mr. Bruk agreed to continue to loan us funds, as required, to operate our business. The interest rate on the loan is 4.0%. The note is unsecured, due upon demand and accrues interest at the end of each month on the then outstanding balance on a last-in, first-out basis for new funds and payments.

As of July 31, 2012, the Company had a note payable to an officer totalling $3,222. The note represents patent filing fees paid by the officer totalling $31,048 and cash advances for the payment of general corporate expenses of $230,081. The Company has repaid $257,907 of this note as of July 31, 2012. Accrued interest payable on the note totals $9,105 at July 31, 2012.

Loan Payable and Accrued Interest

As of July 31, 2012, the Company had fully repaid a $450,000 loan from Mr. Bruk, its president, treasurer and sole director, and had accrued interest payable on the loan totalling $42,331.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

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-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

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Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

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Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

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-Paragraph 1-4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

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-Section 50

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-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39603-107864

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

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-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39678-107864

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

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Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

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-Article 3A

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph k

-Article 4

+ Details

KUNEKT CORP 10-Q/A