Stockholder's Equity

6 Months Ended

Dec. 31, 2013

Stockholder's Equity

Stockholder's Equity

NOTE 5 - Stockholder’s Equity

The Company is authorized to issue 1,000,000 shares of preferred stock and 2,000,000,000 shares of common stock at $0.0001 par value.

Common Stock

During the most recent fiscal quarter, the following transactions occurred in regards to Common stock:

a.

On September 6, 2013, Mr. Sharp retired 4,961,500 shares of common stock;

b.

The Company issued 308,166 shares of common stock to HVW Holdings LLC on September 6, 2013. Please see our Form 8-K filed September 10, 2013 for further detail.

c.

On October 24, 2013, the Company effectuated a forward split of 324.5:1. See our Form 8-K filed October 25, 2013 for further detail

Preferred Stock

The company issued 95,000 shares of Series A Preferred stock on December 31, 2013.  Each share of Preferred stock is convertible into 1,000 shares of common stock of the Company. Please see our Form 8-K filed September 10, 2013 for further detail.

Using the services of an outside firm, the Company valued the Preferred stock at $425,000.  The par value of the preferred stock, $10, was recorded on the Balance sheet.   The remaining $424,990 was accounted for as additional paid-in capital.