NOTE 6 - STOCKHOLDERS' EQUITY

9 Months Ended

Sep. 30, 2012

Equity [Abstract]

NOTE 6 - STOCKHOLDERS’ EQUITY

NOTE 6 - STOCKHOLDERS’ EQUITY

The Company is authorized to issue an aggregate of 500,000,000 common shares with a par value of $0.0001 per share and 1,000,000 shares of preferred stock with a par value of $0.001 per share. No preferred shares have been issued.

On April 16, 2012, the Company issued 60,000,000 shares of common stock valued at $143,000 with $95,333 expensed during the three months ended June 30, 2012 and $47,667 expensed during the three months ended September 30, 2012 as compensation for business development, consulting, design and technical services. The services are valued based on the closing price of the Company’s common stock on the date of the agreement exchanged for the services.

On June 21, 2012, the Company issued 30,000,000 shares of common stock valued at $54,000 as compensation for business development and consulting services. The services are valued based on the closing price of $0.0018 per share for the shares of common stock exchanged for the services.

During the nine months ended September 30, 2012, the Company expensed $ 197,000 for compensation for business development, consulting, design and technical services.