NOTE 6 - STOCKHOLDERS EQUITY

3 Months Ended

Mar. 31, 2012

Notes to Financial Statements

NOTE 6 - STOCKHOLDERS EQUITY

NOTE 6 – STOCKHOLDERS EQUITY

Common Stock

During the nine months ended March 31, 2012:

a) The Company issued 28,334 shares of common stock to employees and consultants as compensation valued at $48,718 under a stock bonus plan.

b) The Company issued 208,000 shares of common stock for costs and expenses of $383,658.