XML 34 R14.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 9 - Stock Transactions Note 10 - Stockholders Equity
9 Months Ended
Oct. 31, 2012
Notes  
Note 9 - Stock Transactions Note 10 - Stockholders Equity

NOTE 9 – STOCK TRANSACTIONS

 

On January 22, 2010, the Company issued a total of 3,000,000 shares of common stock to one director for cash in the amount of $0.005 per share for a total of $15,000

 

On March 8, 2011, the company completed its offering of 2,500,000 common stocks to 27 individuals for cash in the amount of $0.01 per share for a total of $25,000.

 

On March 12, 2011 3,000,000 shares of common stock were issued to the director Mr. Donavan L. Cooper in exchange for services from inception through January 31, 2011. The shares are valued at $5,000. The shares are issued under Rule 144 and are restricted securities within the meaning of the rule. 

 

As of October 31, 2012 and January 31, 2012, the Company had 8,500,000  and 8,500,000 shares of common stock issued and outstanding respectively.

 

NOTE 10 – STOCKHOLDERS’ EQUITY

 

The stockholders’ equity section of the Company contains the following classes of capital stock as of October 31, 2012:

 

Common stock, $ 0.0001 par value: 100,000,000 shares authorized; 8,500,000 shares issued and outstanding.