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COMMON STOCK
12 Months Ended
Jun. 30, 2013
COMMON STOCK  
COMMON STOCK

NOTE 5 – COMMON STOCK

 

The common shares have equal voting rights, are non-assessable and have one vote per share.  Voting rights are not cumulative and, therefore, the holders of more than 50% of the common stock could, if they choose to do so, elect all of the directors of the Company.

 

There were no stock options, warrants or other potentially dilutive securities outstanding as at June 30, 2013 and June 30, 2012.

 

The Company’s policy is to record stock at its fair market value on the date of issuance.