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STOCKHOLDERS’ EQUITY
6 Months Ended
Jun. 30, 2013
Equity [Abstract]  
STOCKHOLDERS’ EQUITY

NOTE 5 - STOCKHOLDERS’ EQUITY

 

The Company is authorized to issue an aggregate of 3,000,000,000 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 30, 2013, the Company received for no consideration 12,000,000 shares of its common stock for cancellation, the effect of the cancellation of shares was immaterial thus no retroactive treatment was applied.

 

On May 8, 2013, the Company issued 40,000,000 shares of common stock valued at $76,000 as stock-based compensation for business development and consulting services.

 

On June 18, 2013, the holder a promissory note converted $3,500 of principal and interest into 35,000,000 shares of the Company’s common stock at a fixed conversion price of $0.0001 per share.