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COMMON STOCK
3 Months Ended
Sep. 30, 2013
COMMON STOCK  
COMMON STOCK

NOTE 4 – COMMON STOCK

 

At a shareholder meeting held October 29, 2010, shareholders authorized an increase in authorized capital from 200,000,000 to 300,000,000 common shares with a par value of $0.001. In addition, shareholders also authorized a share consolidation of 20:1. These financial statements have been restated retroactively to reflect this share consolidation.

 

There were 1,875,000 shares of common stock issued for a cash consideration of $0.08 per share during the period ending September 30, 2013.   The shares were issued to a director of the Company.

 

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