Note 6. Common Stock and Common Stock Warrants

6 Months Ended

Jun. 30, 2014

Notes

Note 6. Common Stock and Common Stock Warrants

NOTE 6.  Common Stock and Common Stock Warrants

Common Stock

The Company is authorized to issue 500,000,000 shares of its common stock. All shares of common stock are equal to each other with respect to voting, liquidation, dividend, and other rights. Owners of shares are entitled to one vote for each share owned at any Shareholders’ meeting. The common stock of the Company does not have cumulative voting rights, which means that the holders of more than fifty percent (50%) of the shares voting in an election of directors may elect all of the directors if they choose to do so.

On June 11, 2014 the Company began a private placement offering up to a maximum of 3,000,000 shares at $0.01 per share for a maximum of $30,000 in proceeds.  The offering is scheduled to end on August 15, 2014.  As of June 30, 2014, the Company has issued 2,200,000 shares raising a total of $22,000.  The shares were being offered and sold by officers and directors of the Company who received no remuneration for the sale of the shares.

During the six months ended June 30, 2013, the Company issued 100,000 shares of common stock to an officer and director valued at $1,800.  

Common Stock Warrants

There was no warrant activity during the six months ended June 30, 2014 and no warrants were outstanding at June 30, 2014 or December 31, 2013.