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Consulting Agreement
12 Months Ended
Sep. 30, 2012
Notes to Financial Statements  
Consulting Agreement

Note 6 - Consulting Agreement

On January 15, 2010, the Company entered into a consulting agreement with Seahawk Capital Partners, Inc.  The Company issued 1,000,000 shares of Company restricted stock and 2,000,000 warrants upon signing of agreement.  In addition, the Company agreed to issue an additional 50,000 shares of restricted Company stock.

 

The exercise prices of the warrants are as follows and expire December 1, 2012:

 

Number of   Exercise
Warrants Issued   Price
                285,714   $0.10 per share
                285,714   $0.75 per share
                285,714   $01.5 per share
                285,714   $2.00 per share
                285,714   $3.00 per share
                285,714   $3.50 per share
                285,716   $4.00 per share
             2,000,000