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Stockholers Equity
3 Months Ended
Mar. 31, 2016
Equity [Abstract]  
Stockholders Equity

NOTE 5 - STOCKHOLDERS’ EQUITY

 

Effective April 22, 2008, the Company forward-split its issued common stock on a ratio of 5.8 shares for each original share. As a result of this transaction, 11,078,000 shares were issued. Effective February 12, 2010, the Company forward-split its issued common stock on a ratio of 1.65 shares for each one prior share. As a result of this transaction, 8,442,200 shares were issued. Consideration for the issue of additional shares has been charged against additional paid in capital. The forward stock splits adjustments have been applied retroactively.

 

Stock issuances in private placements during the three months ended March 31, 2016 and the years ended December 31, 2015 and December 31, 2014 are as follows:

 

Stock Issuance Date  

Common

Shares

   

Proceeds

Received

           
January 7, 2014   400,000   $ 400,000
February 11, 2014   400,000              400,000
March  6, 2014   300,000              300,000
May 23, 2014   100,000              100,000
June 24, 2014   1,000,000           1,000,000
July 23, 2014   500,000              500,000
August 29, 2014   250,000              250,000
September 29, 2014   150,000              150,000
September 30, 2014   100,000              100,000
October 15, 2014   100,000              100,000
November 7, 2014   80,000             80,000
November 28, 2014   70,000               70,000
December 4, 2014   250,000              250,000
December 15, 2014   250,000              250,000
December 29, 2014   250,000              250,000
           
Total for year ended December 31, 2014   4,200,000   $ 4,200,000
           

 

January 23, 2015   250,000   $          250,000
February 27, 2015   150,000              150,000
March 15, 2015   100,000             100,000
March 31, 2015   150,000              150,000
April 23, 2015   150,000              150,000
May 4, 2015   100,000              100,000
May 29, 2015   500,000              500,000
June 1 2015   500,000              500,000
July 17, 2015   200,000             200,000
August 8, 2015   50,000              50,000
August 27, 2015   300,000             300,000
September 28, 2015   250,000              250,000
October 26, 2015   150,000              150,000
November 20, 2015   100,000              100,000
December 12, 2015   100,000              100,000
           
Total for year ended December 31, 2015   3,050,000   $ 3,050,000

 

 

January 18, 2016   15,000   $          15,000
           
Total for three months ended March 31, 2016   15,000   $ 15,000

 

On May 5, 2015, 980,800 shares were issued for finder’s fees valued at $980,800.

 

On August 12, 2015, 25,000 shares were issued for finder’s fees valued at $25,000.

 

On January 22, 2016, 80,000 shares were issued for finder’s fees valued at $80,000.