NOTE 5 - EQUITY

9 Months Ended

May 31, 2013

Equity [Abstract]

NOTE 5 - EQUITY

NOTE 5 - EQUITY

On September 17, 2012 the Company effectuated a 1 to 130 reverse stock split. The financials have been adjusted to reflect this reverse for all periods presented.

During the nine months ended May 31, 2013, the Company issued 78,521,447 shares of stock. Of this amount 9,602,275 shares were for cash of $286,500. The Company has received an additional $245,500 of cash for shares to be issued, which is shown in the equity section of the balance sheet. Total cash received for stock was $532,000. The Company will issue approximately 8,100,000 shares to the contributors of the $245,500.

The Company has issued 68,919,172 shares for services. Of this amount 12,000,000 was issued to the founder and valued at par. The remainder was issued at the market price on the date of issuance which was .35 per share to .50 per share. The Company by board resolution has agreed to issue an additional 4,200,000 shares for services valued at the market price of .4941 or $2,075,220. This amount is shown in the equity section under common stock to be issued.

For the nine months ended May 31, 2013 the Company has recognized stock for services cost of $29,253,281 which is shown in the statement of operations.

The Company as part and parcel of the raise attached 1 warrant for each stock issuance. The warrant has a strike price of .70 and is exercisable anytime with 5 years of September 2012.