Stockholders' Equity

9 Months Ended

Sep. 30, 2013

Equity [Abstract]

Stockholders' equity

NOTE 6 – STOCKHOLDERS’ EQUITY

On March 21, 2012, the Company issued 416,667 shares of common stock at $1.20 per share for cash proceeds of $500,000 and 5,000 shares of common stock at $1.04 per share for services valued at $5,200.

On April 1, 2012, the Company appointed a new member of its Board of Directors. The Company has agreed to pay the director $1,000 per month. In addition, the Company has also agreed to issue the new director 5,000 shares of common stock at $1.04 per share, for services valued at $5,200. The price per share of common stock issued for services was based on the trading price of the Company’s common stock on the dates such services were performed.

During the year ended December 31, 2012, the Company increased its authorized $0.001 par value common stock to 198,000,000 shares, and authorized 2,000,000 preferred shares with 1-to-100 voting rights and conversion ratio from preferred to common shares.

During the year ended December 31, 2012, the Company converted 40,470,000 shares of outstanding common stock into 809,400 shares of preferred stock. During the same fiscal period, the Company cancelled 9,499,999 shares of common stock.

During the nine months ended September 30, 2013 the Company issued 109,950 shares of common stock upon the conversion of a $100,000 convertible note payable and related accrued interest payable(see Note 5). The Company also issued 345,834 shares of common stock for cash at $1.20 per share, resulting in total cash proceeds of $400,000.

On September 15, 2013 the Company authorized a reverse-split of its common stock on a one-share-for-two-shares basis. All references to common stock have been restated so as to retroactively incorporate the effects of this transaction.