Note 9 - Stockholder's Equity

9 Months Ended

Mar. 31, 2015

Notes

Note 9 - Stockholder's Equity

NOTE 9 – STOCKHOLDER’S EQUITY

Preferred stock

The Company has authorized 400,000 shares of preferred stock, with a par value of $0.0001 per share. As of March 31, 2015 and June 30, 2014, the Company did not have any preferred stock issued and outstanding.

Common stock

The Company has authorized 100,000,000 shares of common stock, with a par value of $0.0001 per share. As of March 31, 2015 and June 30, 2014, the Company had 3,672,236 and 1,088,667 (32,660,002 pre-split shares), respectively, shares of common stock issued and outstanding.

From February 19, 2015 through March 10, 2015 the Company completed a private placement of 137,000 shares of its common stock for cash in the amount of $137,000 to five third party investors.

On August 28, 2014 the Company completed a private placement of 314,286 (9,428,571 pre-split) shares of its common stock for cash in the amount of $50,000 to World Wide Investment Fund Ltd., a company controlled by Mr. Brian Mertz, a resident of Denmark.

On October 6, 2014 the Company issued 666,667 (20,000,000 pre-split) shares to World Wide Investment Fund Ltd., 333,333 (10,000,000 pre-split) shares to Stratega ApS, a company controlled by Mr. Mertz, and 885,714 (26,571,429 pre-split) shares to Mr. Brian Mertz, for a total purchase price of $300,000.

On December 2, 2014 the Company issued 66,667 shares to each of the following: Soren Jonassen, Ole Sigetty, and Brian Mertz in lieu of cash payments of $50,000 each.

On December 28, 2014 the Company issued 46,667 shares to Hugo Svaneeng Holdings ApS for the purchase of Domain names, which the board of directors valued at $35,000.