Subsequent Events

3 Months Ended

Mar. 31, 2017

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

NOTE 13 – SUBSEQUENT EVENTS

In April 2017, the Company sold 1,000,000 restricted shares of common stock at $0.01 per share for total proceeds of $10,000.

During the month of April, 2017, the Company committed to issue 178,468 restricted shares of Company common stock to an independent contractor for certain business development services provided. The agreement with the independent contractor calls for the contractor to be paid at an hourly rate of $100, half of which is payable in cash and half of which is payable in restricted shares of Company common stock, such shares to be valued at the closing price of Company common stock on the relevant service day(s).

In May 2017, the Company sold 5,000,000 restricted shares of common stock at $0.01 per share for total proceeds of $50,000.

In May 2017, the Company’s board of director’s, including the compensation committee thereof, reviewed the employment agreement for Steven Malone, the Company’s chief executive officer and president, and, with Mr. Malone duly abstaining, extended the term thereof, otherwise due to expire on July 23, 2017, through July 23, 2020. Other than the term, all provisions of Mr. Malone's current employment agreement, dated July 23, 2014 remain unchanged. A copy of such employment agreement is included with our Form 8-K filed on July 29, 2014.