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Stockholders' Equity
6 Months Ended
Sep. 30, 2014
Stockholders' Equity [Abstract]  
Stockholders' Equity

Note 5 – Stockholders' Equity

 

The Company's capital stock at September 30, 2014 and March 31, 2014 consists of 275,000,000 authorized shares of common stock, par value $0.00001 per share. At September 30, 2014 and March 31, 2014, a total of 249,714,147 and 119,862,791 pre-reverse shares of common stock, respectively were issued and outstanding.

 

On August 19, 2014, the Company sold 129,851,356 pre-reverse shares of its restricted common stock for $1,300,000 to Terex Energy Corporation. See Note 7 – Purchase Agreement

 

During the three and six months ended September 30, 2014, the Company realized additional paid in capital relative to the fair value of stock based compensation in the amount of $7,723 and $11,417, respectively. See Note 6 - Share-Based Compensation