Commitments

3 Months Ended

Jun. 30, 2012

Commitments and Contingencies Disclosure [Abstract]

9. Commitments

In the normal course of business, the Company may become subject to lawsuits and other claims and proceedings. Such matters are subject to uncertainty and outcomes are not predictable with assurance. Management is not aware of any pending or threatened lawsuits or proceedings which would have a material effect on the Company’s financial position, liquidity, or results of operations.

On December 15, 2011, the Company entered into an Agreement with a Consultant to provide services to the Company and to identify potential business opportunities or potential business acquisitions in the broadcasting, production and music media business. The term is for a period of one year. On December 20, 2011, the Consultant was issued 1,000,000 shares of common stock with a fair value of $10,000.

On June 11, 2012, the Company entered into an Agreement with a Consultant to provide general investor relation services to the Company. The term is on a month to month basis and will be renewed at the Company’s requests. The Consultant will be paid $3,000 per month in common stock. The Consultant has not provided any services to June 30, 2012.

- Definition

The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights.

+ References+ Details

ENERGY QUEST, INC. 10-Q/A