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Subsequent Events
3 Months Ended
Sep. 30, 2013
Subsequent Events  
NOTE 10 - SUBSEQUENT EVENTS

Management has evaluated subsequent events pursuant to the requirements of ASC Topic 855 and has determined that other than listed below, no other material subsequent events exist.

 

  1. On October 1, 2013 the Company board of directors approved a board resolution authorizing the Company to issue a total of 15,000,000 stock options; 2,000,000 of these options were issued to four consultants for services to the Company. The options begin vesting on October 1, 2013 and terminate October 1, 2015. The stock options have an option price of $0.40 per share.
     
  2. In October of 2013, the Company entered into a convertible promissory note with Asus Global Holdings Inc. for $75,000 bearing no interest and convertible at a 50% discount to market. The note is payable on demand.