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Common Stock
6 Months Ended
Jun. 30, 2011
Notes to Financial Statements  
Common Stock

3. Common Stock

On April 11, 2011, the Company issued to Emerging Markets, LLC, 60,000 shares of common stock valued at $0.30 per share as compensation per the month-to-month agreement for consultant work rendered during the three months ended March 31, 2011.

On May 27, 2011, pursuant to an obligation under an agreement dated May 19, 2011, for services rendered as financial public relations firm and media relations counsel, the Company issued to Monarch Communications, Inc., 13,333 shares of common stock valued at $0.30 per share. The recipient is an accredited investor and the issuances were exempt from registration under the Securities Act of 1933 in reliance on an exemption provided by Section 4(2) of that act.

On June 20, the Company issued to Monarch Communications, Inc. 14,286 shares of common stock valued at $0.28 per share as partial compensation per the agreement for consultant work.