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Note 5 - Common Stock
6 Months Ended
Jul. 31, 2012
Note 5 - Common Stock:  
Note 5 - Common Stock

NOTE 5 - COMMON STOCK

 

Affinity issued 50,000,000 shares of common stock (founder's shares) on December 17, 2007 to the President and Director of the Company. In addition, 355,969 shares of common stock was issued to the public on May 15, 2008 for $50,830.

 

On January 7, 2009, the Company filed an Amendment for 200,000,000 shares to be authorized as Common Stock, with the par value of $0.00001. 

 

As of January 31, 2011, the Company wrote off stock payable for $608,400 as the party was not able to pay for the balance of the note receivable of $338,000.

 

As of January 31, 2011, 189,969 shares were issued for services for services valued at $26,596 using the closing price of the stock on the date of grant.

 

On July 25, 2012 the company recorded a stock payable for consulting services valued at $1,680,000 using the closing price of the stock on the date of the grant.

 

As of July 31, 2012, Affinity Mediaworks Corp. has 200,000,000 shares of common stock authorized at $0.00001 par value per share and 50,355,969 shares of common stock issued and outstanding.