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STOCKHOLDERS' DEFICIT
3 Months Ended
Sep. 30, 2013
Notes  
STOCKHOLDERS' DEFICIT

NOTE 7 - STOCKHOLDERS’ DEFICIT

 

Shares Issued for Services

 

During the period ending September 30, 2013, the Company issued 381,805,207 shares to consultants for services rendered.  The Company estimated the fair market value of the shares issued to be $932,451 and recorded this as stock based compensation. 

 

Shares Issued for Conversion of Notes Payable

 

During the period ending September 30, 2013, the Company issued 98,418,680 shares of common stock related to conversions of various notes payable.  See Note 5 for further discussion.