NOTE 4 - COMMON STOCK

9 Months Ended

Oct. 31, 2011

Stockholders' Equity Note Disclosure [Text Block]

NOTE 4 - COMMON STOCK

Green Bikes issued 5,000,000 shares of common stock (founder's shares) on December 17, 2007 to the President and Director of the Company. In addition, 508,300 shares of common stock was issued to the public on May 15, 2008 for $50,830.

As of January 31, 2011, the Company wrote off the note receivable for $338,00 relating to the stock payable for $608,400 for the fiscal year of 2010 as the party was not able to pay for the balance of the note receivable.

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.