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Equity
6 Months Ended
Jun. 30, 2011
Equity  
Schedule of Stock by Class [Table Text Block]

NOTE E – COMMON STOCK

 

On June 23, 2011, the Company executed a Stock Purchase Agreement with Bon Amour, pursuant to which Bon Amour purchased 11,162,163 newly issued shares of Company Common Stock for a purchase price of $220,000.

 

At June 30, 2011 and December 31, 2010, the Company had 50,000,000 and 38,837,837 shares, respectively, of its Common Stock, par value of $0.001 per share, issued and outstanding.   Holders of Common Stock are entitled to one vote per share and are to receive dividends or other distributions when and if declared by the Company's Board of Directors.

 

None of our Common Stock is subject to outstanding options or rights to purchase, nor do we have any securities that are convertible into our Common Stock.  We have not agreed to register any of our stock.  We do not currently have in effect an employee stock option plan.