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Prepaid Expenses Note
3 Months Ended
Jun. 30, 2013
Notes  
Prepaid Expenses Note

NOTE 3 - PREPAID EXPENSES

 

During the six months ended June 30, 2013, the Company issued 1,000,000 shares of common stock as part of a consulting agreement valued at $10,000.  The shares were valued according to the fair value of the common stock.  The value of the shares was recorded as prepaid expense and will be amortized over one year which is the related service period of the respective agreements.  For the three months ended June 30, 2013, the Company expensed $2,500as consulting fees. For the six months ended June 30, 2013, the Company expensed $3,334 as consulting fees with a remaining prepaid expense amount totaling $6,666 at June 30, 2013.