EQUITY

3 Months Ended

Mar. 31, 2013

Equity [Abstract]

EQUITY

NOTE 8 - EQUITY

Preferred Stock Rights and Privileges

The Company is authorized to issue 100,000,000 of preferred stock with a par value of $0.0001 per share.  Currently there are a total of 100,000 shares of Preferred "C" shares outstanding.  There are no Preferred “A” or “B” shares designated at this time.  Each Preferred "C" Share is entitled to cast five thousand (5,000) votes. These shares were issued in proportional amounts to the original founding stockholders, no payment was received. The class "C" preferred stock has no equity conversion rights. The shares contain a restriction on transferability which prohibits the transfer of the shares without prior written approval of the Board of Directors of the Company.

There were no preferred shares issued during the period ended March 31, 2013 and the year ended December 31, 2012.

Common Stock issues

The Company is authorized to issue up to 400,000,000 shares of common stock with a par value of $0.001 per share.

Effective August 28, 2012, the Company effected a 1 for 1,000 reverse split on its common stock outstanding, under which each stockholder of record on that date received one (1) new share of the Corporation’s $0.001 par value common stock for every one thousand (1,000) old shares owned.

Effective January 7, 2013, the Company effected a 100 for 1 forward split on its common stock outstanding, under which each shareholder of record on that date received one hundred (100) new shares of the Corporation’s $0.001 par value common stock for every one (1) old share owned.

During the year ended December 31, 2012, the Company had transactions in shares of its common stock as follows, retroactively adjusted to give effect to the two stock splits, effectively adjusted for a net 1 for 10 reverse split:

·On March 15, 2012, the Company issued 5,000 shares to an officer of the Company as compensation for services.  This stock was valued at $12,500.

·On April 16, 2012, former directors of the Company cancelled 2,000,000 of their shares.

During the period ended March 31, 2013, the Company had transactions in shares of its common stock as follows:

·On January 15, 2013, the Company issued 15,000,000 shares to an officer and a director of the Company for cash of $15,000.

·On January 21, 2013, the Company issued 15,000,000 shares to a company controlled by a former director of the Company as compensation for services.  This stock was valued at $15,000.

·On January 21, 2013, the Company issued 200,000 shares to an officer of the Company as compensation for services.  This stock was valued at $200.