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Shareholders' Deficit
3 Months Ended
Dec. 31, 2012
Shareholders' Deficit [Abstract]  
Shareholders' Deficit
4. Shareholders' Deficit:

 

The Company's authorized capital consists of 400,000,000 common stock. At December 31, 2012, there were 338,100,000 common shares issued and outstanding.

 

During the three month period ending December 31, 2012, 1,500,000 shares were returned to the Company for cancellation, and 2,130,000 common shares were issued pursuant to the Exchange Agreement dated December 14, 2012.

 

Pursuant to a consulting agreement entered into with Seagel Investments Corp., and pursuant to the Exchange Agreement dated December 14, 2012, the Company issued Seagel Investments Corp., 161,000 common shares which were valued at $26,833. The Company recorded this amount as a consulting expense in the period ended December 31, 2012.

 

Effective December 31, 2012 the number of shares outstanding were forward-split 100 shares for each share of record prior to the split ("Stock Split"). After the Stock Split, the total amount of the common shares outstanding are 338,100,000.