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Note 11 - Consulting Agreement
9 Months Ended
Sep. 30, 2013
Notes  
Note 11 - Consulting Agreement

NOTE 11 - CONSULTING AGREEMENT

 

On July 18, 2013, the Company entered a consulting agreement with CDII, a related party (see note 9). Pursuant to the term of the agreement, the Company shall issue 18 million shares of Company’s common stock in total to CDII as the compensation for the consulting services that provided in the fiscal year of 2012 and 2013. In October 2013, the Company issued 9,000,000 shares of its common stock to CDII for fiscal 2012 consulting service. The shares were valued at the fair market value of $90,000 on the grant date.