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7. STOCKHOLDERS EQUITY
9 Months Ended
Sep. 28, 2012
Notes to Financial Statements  
Note 8 - STOCKHOLDERS EQUITY

 

Issuance of Common Stock:   In January 2012, we issued 1.5 million shares of common stock valued at $390,000 as part of the consideration given for DRSI (see Note 4 – Acquisitions).


In March 2012, we issued 36,000 shares of common stock for services with an aggregate value of $12,600.


In June 2012, we issued 62,061 shares related to the contingent liability associated with the DRS, LLC acquisition valued at $21,101.


In June 2012, we issued 36,000 shares of common stock for services with an aggregate value of $14,280.


In August 2012, we issued 149,813 shares related to the contingent liability associated with the DRS, LLC acquisition valued at $49,438.


In September 2012, we issued 36,000 shares of common stock for services with an aggregate value of $9,840.


All shares issued for non-cash consideration were valued based on the market price of our common stock at the dates of issuance or the date the services were provided.