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Stockholders Deficit Note
3 Months Ended
Jun. 30, 2013
Notes  
Stockholders Deficit Note

NOTE 9 - STOCKHOLDERS’ DEFICIT

 

The Company is authorized to issue up to 700,000,000 shares of its $0.00001 par value preferred stock and up to 700,000,000 shares of its $0.00001 par value common stock.

 

On February 24, 2013, the Company issued 1,000,000 shares of common stock to a non-related third-party for consulting fees, valued at $10,000.  The shares were valued using the fair market value of the common stock.  See Note 3.

 

During the six months ended June 30, 2013, the Company received donated capital of $16,074 from various individuals and entities. The individuals and entities paid for expenses on behalf of the Company and are not expecting repayment.

 

During the six months ended June 30, 2013, there have been no other issuances of common stock.