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Subsequent Events
3 Months Ended
Mar. 31, 2012
Notes to Financial Statements  
Subsequent Events

In accordance with Accounting Standards Codification Topic No. 855 “Subsequent Events” (ASC 855), the Company has evaluated subsequent events through the time between the end of the reporting period and the time this Quarterly Report on Form 10-Q for the period ended March 31, 2012 was filed and has found the following events to report.

 

In May 2012 Zirk Engelbrecht, our Chief Executive Officer, and Gonzalo Troncoso, our President and Chief Operating Officer, elected to purchase 75,000 shares each of Preferred Stock at $5.00 per share granted to them in March 2012.