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3. CAPITAL STOCK
6 Months Ended
Jun. 30, 2013
Notes to Financial Statements  
NOTE 3 - CAPITAL STOCK

During the year ended December 31, 2012, in connection with a private placement of $0.20 shares, the Company received $247,500 as subscriptions for 1,237,500 shares of its common stock. 940,000 shares have not yet been issued in connection with $188,000 of those subscriptions, which are included on the Balance Sheet in Shares To Be Issued.

 

In the six months ended June 30, 2013, in connection with the $0.20 private placement, the Company received $90,000 as subscriptions for 450,000 shares of its common stock. No shares have yet been issued in connection with those subscriptions which are also included on the Balance Sheet in Shares To Be Issued.

 

The Company has no stock option plan, warrants or other dilutive securities.