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Common Stock
6 Months Ended
Jun. 30, 2013
Common Stock  
Common Stock

8.

Common Stock

 

(a)

On March 1, 2013, the MJM issued 106,652,000 shares of common stock at $0.00001 per share for proceeds of $1,038 which had not yet been received as at June 30, 2013.

 

(b)

On March 22, 2013, the MJM effected a stock split for its issued and outstanding common shares, on the following basis:

 

6,750 Class A common shares for 1 Class A common share

100,000 Class B common shares for 1 Class B common share

6,750 Class C common shares for 1 Class C common share

 

All MJM share amounts have been retroactively restated for all periods presented.

 

(c)

On March 28, 2013, the Company issued 75,000,000 shares of common stock and its wholly-owned subsidiary, Marilyn Jean Holdings Inc., issued 106,651,250 exchangeable shares of preferred stock to the shareholders of MJM to acquire 100% of the issued and outstanding shares of MJM.