Equity

6 Months Ended

Jun. 30, 2014

Equity [Abstract]

EQUITY

NOTE 5 - EQUITY

On March 14, 2013, the Board of Directors approved the award of 23,000 common shares to a director which will vest upon completion of the Company’s planned equity raise. Management determined that the performance condition is probable as of December 31, 2013 and the shares were subsequently issued in April 2014. The shares were valued at $287,500 based on the Company’s stock price, and $215,625 was recognized for the year ended December 31, 2013. The remaining stock compensation expense of $71,875 was recognized during the six months ended June 30, 2014.

On May 19, 2014, the issued fully vested 20,000 common shares with a fair value of $36,000, to a consultant for investor relation services.