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COMMITMENTS
3 Months Ended
Sep. 30, 2015
COMMITMENTS  
COMMITMENTS

NOTE 7 – COMMITMENTS

 

On August 1, 2014, the Company entered into a consulting agreement with Jim Matthew whereby Jim Matthew will provide the Company with services to include telephone and email investor inquiry responses; dissemination of the Company’s public information upon request to investors and third parties; and maintenance of the Company’s investor database and circulation of all press releases or other announcements to the membership list. The agreement is for a term of twelve months until July 31, 2015.  The Term may be extended by mutual agreement upon the within terms, or such other terms, as the Company and the Consultant may agree in writing. The Company shall pay $1,500 per month, payable in advance on the 1st of each month.  On August 1, 2015 the Company and Mr. Matthew agreed to extend the term of the agreement for a further period of one year at the same rate of monthly compensation.

 

During the three month period ended September 30, 2015, the Company paid $4,500 (2014 - $3,000) to Jim Matthew pursuant the agreement.