NOTE 6 - STOCKHOLDERS EQUITY

3 Months Ended

Dec. 31, 2011

Notes to Financial Statements

NOTE 6 - STOCKHOLDERS EQUITY

NOTE 6 – STOCKHOLDERS EQUITY

Common Stock

During the six months ended December 31, 2011:

a) The Company issued 20,000 shares of common stock to employees and consultants as compensation valued at $33,800 under a stock bonus plan.

b) The Company issued 117,800 shares of common stock for costs and expenses of $219,882.