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3. CAPITAL STOCK
9 Months Ended
Sep. 30, 2014
Notes to Financial Statements  
NOTE 3 - CAPITAL STOCK

During the nine months ended September, 2014, the Company received no subscriptions for shares of its common stock.

 

During the year ended December 31, 2013:

 

  · in connection with the $0.20 private placement, the Company received $90,000 as subscriptions for 450,000 shares of its common stock. 250,000 shares were issued on October 3, 2013 and 200,000 on October 25, 2013 in connection with those subscriptions; and
  · the Company reached an agreement with a lender to issue 217,500 shares of its common stock to settle $21,750 in loans payable. Those shares were issued on October 3, 2013.

 

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