10. COMMON STOCK

12 Months Ended

Dec. 31, 2012

StockholdersEquityNoteDisclosureTextBlockAbstract

NOTE 10: COMMON STOCK

On July 17, 2012, we filed a Certificate of Change with the Nevada Secretary of State for the purposes of reducing the number of authorized and outstanding shares of the Company’s common stock, on a basis of one share of common stock for each twenty shares of common stock outstanding (the “Reverse Stock Split”). The change was effective as of July 18, 2012.

Immediately before the Reverse Stock Split, the Company had 490,000 shares of common stock authorized, of which 203,318 shares of common stock were outstanding. As a result of the Reverse Stock Split, the Company now has 24,500 authorized shares of common stock, of which 10,152 shares were outstanding as of December 31, 2012.

The share and per share amounts in this Report have been retroactively restated to reflect the effect of the Reverse Stock Split.