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COMMON STOCK
12 Months Ended
Dec. 31, 2012
CommonStock  
Note 3. COMMON STOCK

On August 31, 2011, the Company issued 1,430,000 shares of common stock to the former directors of the Company at a price of $0.01 per share for gross proceeds of $14,300.

 

The Company commenced a capital formation activity by filing a Registration Statement on Form S-1 to the SEC to register and sell in a self-directed offering 1,000,000 shares of newly issued common stock at an offering price of $0.20 per share for proceeds of up to $200,000. As of December 31, 2012, the Company had raised gross proceeds of $54,000 with the issuance of 270,000 shares of its common stock from this offering. Legal and accounting fees incurred for this registration statement and offering were $9,500 and recorded as share issuance cost.