Note 5 - Stockholders' Equity

9 Months Ended

Dec. 31, 2013

Notes

Note 5 - Stockholders' Equity

NOTE 5 - STOCKHOLDERS' EQUITY

Reverse Stock Split

Effective May 24, 2013, the Company effected a one for three reverse stock split. All share and per share amounts have been revised to reflect the reverse stock split on a retroactive basis.

Contributions Receivable

During the year ended March 31, 2013, the Company declared and paid a cash dividend in the total amount of $10,705. It later rescinded the decision in accordance with the terms of the original dividend declaration and the total amount of the dividend was to be repaid back to the Company. During the nine months ended December 31, 2013, the total amount of the dividend was repaid back to the Company in full.  

During the nine months ended December 31, 2013, the owners contributed an additional $2,320 prior to May 8, 2013.