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Subsequent Events
3 Months Ended
Mar. 31, 2015
Notes to Financial Statements  
Note 17 - Subsequent Events

On April 15, 2015 20,000 shares of Raptor Resources Holdings Inc. (RRHI) Preferred Convertible Series B Stock were converted. This stock is convertible into 50 shares of RRHI common stock and 25 shares of Mabwe Minerals Inc. common stock after a one year holding period is met.  The issuance of these 500,000 shares of the Company’s common stock are pending issuance by the transfer agent and have yet to be issued and are not reflected in any of the issued and outstanding figures in this report.  As a result of this conversion the issued and outstanding shares of Company stock would be 466,200,000.

 

Effective April 16, 2015 the Company received approval from the State of Wyoming for a trade name change to do business as "Fonon Corporation".