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Stockholders' Equity
9 Months Ended
Sep. 30, 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.

 

Stock issuances in private placements during the nine months ended September 30, 2016 and the year ended December 31, 2015 are as follows:

 

Stock Issuance Date  

Common

Shares

   

Proceeds

Received

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
April 25, 2016   15,000     15,000
May 23, 2016   20,000     20,000
           
Total for nine months ended September 30, 2016   50,000   $ 50,000

 

During the nine months ended September 30, 2016, the Company received an aggregate of $40,000 from accredited investors for 40,000 common shares not yet issued as of November 14, 2016.

 

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.

 

On July 5, 2016, 10,000 shares were issued as stock based compensation for services received valued at $10,000.

 

During the nine months ended September 30, 2016, an aggregate of 72,500 shares were issued as stock based compensation for services valued at $72,500.