XML 15 R30.htm IDEA: XBRL DOCUMENT v3.3.0.814
SUBSEQUENT EVENTS
9 Months Ended
Sep. 30, 2015
SUBSEQUENT EVENTS:  
SUBSEQUENT EVENTS

6. SUBSEQUENT EVENTS

 

Subsequent to September 30, 2015,

 

On October 6, 2015 two investors, converted their outstanding Convertible Promissory Notes totaling $45,000, dated February 10, 2015, into 3,000,000 shares of common stock.

 

On October 9, 2015, the Company entered into a 7.5% Convertible Debenture, due April 9, 2016, in the aggregate principal amount of $300,000 plus interest.  The Debenture shall also have an OID of 5% from the stated principal amount.  On October 9, 2015 the Company received the first installment of $75k from an accredited investor, and on November 9, 2015 the second $75,000 installment was made.

 

On October 15, 2015, we issued  a total of 4,575,000 shares of common stock (valued at $4,500) to five consultants for services.

 

On October 21, 2015, we issued a total of 2,500,000 shares of common stock (valued at $9,000) to five Board of Directors for services.

 

On October 22, 2015, we issued  a total of 1,000,000 shares of common stock (valued at $9,000) to four consultants for services.