Stockholders' Equity | 12 Months Ended |
Dec. 31, 2013 |
Stockholders Equity | ' |
Stockholders' Equity | ' |
NOTE 8 - STOCKHOLDERS' EQUITY |
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The Company is authorized to issue an aggregate of 3,000,000,000 common shares with a par value of $0.0001 per share and 1,000,000 shares of preferred stock with a par value of $0.001 per share. No preferred shares have been issued. |
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On April 16, 2012, the Company issued 60,000,000 shares of common stock valued at $143,000 expensed during the year ended December 31, 2012 as stock-based compensation for business development, consulting, design and technical services. The services are valued based on the closing price of the Company's common stock on the date of the agreement exchanged for the services. |
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On June 21, 2012, the Company issued 30,000,000 shares of common stock valued at $54,000 as stock-based compensation for business development and consulting services. The services are valued based on the closing price of the Company's common stock on the date of the agreement exchanged for the services. |
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From October 10, 2012 to October 18, 2012, Al Kau, consultant, investor and customer of the Company, the holder of a convertible note converted $14,000 of principal plus accrued interest into 140,000,000 shares of the Company's common stock. |
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On April 30, 2013, the Company received for no consideration 12,000,000 shares of its common stock for cancellation, the effect of the cancellation of shares was immaterial thus no retroactive treatment was applied. |
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On May 8, 2013, the Company issued 40,000,000 shares of common stock to Stuart Turk and Lincoln Salazar valued at $76,000 as stock-based compensation for business development and consulting services. On the statement of operations for the fiscal year ended December 31, 2013, $4,000 has been allocated to stock-based compensation expense and $72,000 to loss on issuance of stock-based compensation. |
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On June 18, 2013, The Cellular Connection Limited converted $3,500 of principal and interest of a convertible note into 35,000,000 shares of the Company’s common stock at a fixed conversion price of $0.0001 per share. |
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On July 11, 15 and 16, 2013 Al Kau, consultant, investor and customer of the Company, the holder of a convertible note converted $8,900 of principal plus accrued interest into 89,000,000 shares of the Company's common stock. |
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On November 4, 2013, the Company issued 49,000,000 shares of common stock valued at $9,800 to Tony Diveronica as stock-based compensation for development, implementation and maintenance of sound business strategies including identification of suitable merger and acquisition candidates. The services are valued based on the closing price of the Company's common stock on the date of the agreement exchanged for the services. On the statement of operations for the fiscal year ended December 31, 2013, $4,900 has been allocated to stock-based compensation expense and $4,900 to loss on issuance of stock-based compensation. |
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On November 4, 2013, the Company issued 49,000,000 shares of common stock valued at $9,800 to Steve Roy as stock-based compensation for development, implementation and maintenance of sound business strategies including website development. The services are valued based on the closing price of the Company's common stock on the date of the agreement exchanged for the services. On the statement of operations for the fiscal year ended December 31, 2013, $4,900 has been allocated to stock-based compensation expense and $4,900 to loss on issuance of stock-based compensation. |
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On November 6, 2013, the Company issued 50,000,000 shares of common stock valued at $15,000 to Al Kau, consultant, investor and customer of the Company, as stock-based compensation for development, implementation and maintenance of sound business strategies including identification of suitable merger and acquisition candidates. The services are valued based on the closing price of the Company's common stock on the date of the agreement exchanged for the services. On the statement of operations for the fiscal year ended December 31, 2013, $5,000 has been allocated to stock-based compensation expense and $10,000 to loss on issuance of stock-based compensation. |
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On November 6, 2013, the Company issued 50,000,000 shares of common stock valued at $15,000 to Aaron Shrira as stock-based compensation for development, implementation and maintenance of sound business strategies including identification of suitable merger and acquisition candidates. The services are valued based on the closing price of the Company's common stock on the date of the agreement exchanged for the services. On the statement of operations for the fiscal year ended December 31, 2013, $5,000 has been allocated to stock-based compensation expense and $10,000 to loss on issuance of stock-based compensation. |
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On November 7, 2013, the Company issued 65,000,000 shares of common stock valued at $26,000 to Robert McLean, the Chief Financial Officer of the Company, as stock-based compensation. The services are valued based on the closing price of the Company's common stock on the date of the agreement exchanged for the services. On the statement of operations for the fiscal year ended December 31, 2013, $6,500 has been allocated to stock-based compensation expense and $19,500 to loss on issuance of stock-based compensation. |
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On November 7, 2013, the Company issued 65,000,000 shares of common stock valued at $26,000 to Grant Stummer, a director of the Company, as stock-based compensation. The services are valued based on the closing price of the Company's common stock on the date of the agreement exchanged for the services. On the statement of operations for the fiscal year ended December 31, 2013, $6,500 has been allocated to stock-based compensation expense and $19,500 to loss on issuance of stock-based compensation. |
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On November 7, 2013, the Company issued 68,000,000 shares of common stock valued at $27,200 to William Reil as stock-based compensation for development, implementation and maintenance of sound business strategies including identification of suitable merger and acquisition candidates. The services are valued based on the closing price of the Company's common stock on the date of the agreement exchanged for the services. On the statement of operations for the fiscal year ended December 31, 2013, $6,800 has been allocated to stock-based compensation expense and $20,400 to loss on issuance of stock-based compensation. |
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On November 8, 2013, the Company issued 89,000,000 shares of common stock valued at $71,200 to Stuart Turk as stock-based compensation development, implementation and maintenance of sound business strategies including identification of suitable merger and acquisition candidates. The services are valued based on the closing price of the Company's common stock on the date of the agreement exchanged for the services. On the statement of operations for the fiscal year ended December 31, 2013, $8,900 has been allocated to stock-based compensation expense and $62,300 to loss on issuance of stock-based compensation. |