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Subsequent Events
3 Months Ended
Mar. 31, 2012
Notes to Financial Statements  
Subsequent Events

 

7. Subsequent Events

 

On April 5, 2012, the Company issued 28,846 shares of common stock valued at $0.17 per share to a warrant holder in connection with an exercise of previously issued warrants.

 

On April 5, 2012, the Company issued 207,214 shares of common stock valued at $0.17 per share to a warrant holder in connection with an exercise of previously issued warrants.

 

On April 19, 2012 the Company issued 33,334 shares of common stock valued at $0.12 per share to Monarch Communications, Inc. as partial compensation per an agreement dated May 19, 2011 for consultant work.

 

On April 6, 2012 the executive officer, director and stockholder advanced an additional $100,000 to the Company for working capital purposes.