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Cumulative Sale of Stock
3 Months Ended
Mar. 31, 2013
Equity [Abstract]  
Cumulative Sale of Stock

Note 6 – Cumulative sales of stock:

Since its inception, we have issued shares of common stock as follows:

 

On July 15, 2005, the Company issued 81,005,000 founder shares for services rendered in the amount of $81,005.

 

On September 30, 2006 the Company completed a reverse merger with LFG International, Inc. The Company issued 67,133 shares for the outstanding shares of LFG International, Inc. As part of the recapitalization of the reverse merger the Company rolled forward a reverse 2:1 stock split. The effect of this reverse split was a reduction of the outstanding shares of 40,435,367.

 

On June 19, 2007, the Company’s convertible notes payable were called. The company issued 1,000,000 shares in exchange for $700,000 of the convertible notes.

On July 12, 2007 the Company issued 100,000 shares of common stock in exchange for consulting services rendered.

 

On March 31, 2008 the Company issued 15,000 shares of common stock for $15,000.

 

On February 26, 2010 the Company issued 20,000 shares of common stock for $20,000.

 

On December 22, 2010 the Company issued 275,000 shares of common stock for $55,000.

 

In September and October of 2011, The Company issued 2,150,000 shares of stock for $244,400.

 

In December 2011, The Company issued 107,673 as part of a convertible debenture.

 

During the first quarter of 2012, the Company issued 400,000 shares of stock for $40,000 to two individuals and 3,142,750 shares to Turon Capital Partners, Inc. for marketing services to be provided.

 

During the first quarter of 2013, the Company issued 6,283,559 share of stock for $20,000 to pay down the convertible debentures in the amount of $20,000.