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SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2012
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

 

NOTE 10 – SUBSEQUENT EVENTS

 

In March, 2012, the Company entered into a one year employment agreement with Mr. James Hung as Managing Director of the Companies newly created and wholly owned subsidiary Capstone International Hong Kong, Ltd., in exchange for Eight Million (8,000,000) shares of the Companies common stock over the 12 months.  The shares will be issued in quarterly installments according to the following schedule:

 

(a)  

June 30, 2012 - 1.5 million shares.

 

(b)  

September 30, 2012 - 1.5 million shares.

 

(c)  

December 31, 2012 - 2.5 million shares.

 

(d)  

March 31, 2013, - 2.5 million shares.

 

As of June 30, 2012, no shares have been issued pursuant to this agreement.