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Note 6 - Shareholder's Equity
6 Months Ended
Jun. 30, 2017
Notes  
Note 6 - Shareholder's Equity

NOTE 6 – SHAREHOLDERS’ EQUITY

 

In January 2017, under a Private Offer Memorandum, 250,000 shares of common stock were issued for $250,000 cash. The common stock was sold at $1.00 per share. In connection with this common stock offering warrants to purchase 87,500 shares of common stock were issued with a strike price of $0.01 and an expiration date of five years.

 

In February 2017, 25,000 shares were issued when warrants were exercised at $.01 grant price for $250.

 

In March 2017, 50,000 shares were issued for services performed for the Company and valued at fair value of $12,500.