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Common Stock
6 Months Ended
Jun. 30, 2012
Common Stock [Abstract]  
Common Stock

3. Common Stock


As partial compensation per an agreement dated May 19, 2011 and subsequently renewed on May 19, 2012 for consultant work, the Company issued to Monarch Communications, Inc. the following:

 

                 

 

Shares

Issued

 

Per Share

Value

 

 

 

 

 

 

April 19, 2012

 

 

33,334

 

 

$

0.12

 

June 4, 2012

 

 

23,529

 

 

 

0.17

 

June 21, 2012

 

 

37,500

 

 

 

0.16

 

 

On April 5, 2012 the Company issued 28,846 and 207,214 shares of its common stock valued at $0.17 per share in connection with previously received payment of $4,808 and $34,536, respectively, from two stockholders for the exercise of previously issued warrants.