AMJ Global Technology (AMJT) 10-Q 17 Apr 24 2024 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Feb. 29, 2024	Apr. 16, 2024
Cover [Abstract]
Entity Registrant Name	AMJ Global Technology
Entity Central Index Key	0001593773
Document Type	10-Q
Amendment Flag	false
Current Fiscal Year End Date	--11-30
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Current Reporting Status	No
Document Period End Date	Feb. 29, 2024
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2024
Entity Common Stock Shares Outstanding		103,833,323
Entity File Number	333-194055
Entity Incorporation State Country Code	NV
Entity Tax Identification Number	33-1230169
Entity Address Address Line 1	2470 E Flamingo Rd.
Entity Address Address Line 2	Suite A
Entity Address City Or Town	Las Vegas
Entity Address State Or Province	NV
Entity Address Postal Zip Code	89121
City Area Code	818
Local Phone Number	853-7033
Document Quarterly Report	true
Document Transition Report	false
Entity Interactive Data Current	Yes

Condensed Balance Sheets

Condensed Balance Sheets - USD ($)	Feb. 29, 2024	Nov. 30, 2023
Current Assets
Cash	$ 0	$ 0
Prepaid expenses	17,140	9,140
Total Current Assets	17,140	9,140
TOTAL ASSETS	17,140	9,140
Current Liabilities
Accounts payable and accrued liabilities	174	750
Accrued management fees - related party	140,000	110,000
Due to related party	44,715	16,465
Total Current Liabilities	184,889	127,215
Stockholders' Deficit
Common stock, $0.001 par value, 750,000,000 shares authorized, 103,033,323 and 103,033,323 shares issued and outstanding, respectively	103,033	103,033
Additional paid-in capital	169,469	169,469
Accumulated deficit	(440,251)	(390,577)
Total Stockholders' Deficit	(167,749)	(118,075)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 17,140	$ 9,140

Condensed Balance Sheets (Paren

Condensed Balance Sheets (Parenthetical) - $ / shares	Feb. 29, 2024	Nov. 30, 2023
Condensed Balance Sheets
Common stock, Par value	$ 0.001	$ 0.001
Common stock, Authorized	750,000,000	750,000,000
Common stock, Issued	103,033,323	103,033,323
Common stock, Outstanding	103,033,323	103,033,323

Condensed Statements of Operati

Condensed Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Feb. 29, 2024	Feb. 28, 2023
Condensed Statements of Operations (Unaudited)
Revenues	$ 0	$ 0
Operating Expenses
General and administrative	1,500	1,800
Professional fees	18,174	15,855
Management compensation	30,000	0
Total operating expenses	49,674	17,655
Operating loss	(49,674)	(17,655)
Net loss	$ (49,674)	$ (17,655)
Basic and diluted loss per common share	$ 0	$ 0
Basic and diluted weighted average common shares outstanding	103,033,323	89,623,323

Condensed Statement of Changes

Condensed Statement of Changes in Stockholders Deficit (Unaudited) - USD ($)	Total	Common Stock	Additional Paid-In Capital	Accumulated Deficit
Balance, shares at Nov. 30, 2022		89,623,323
Balance, amount at Nov. 30, 2022	$ (16,753)	$ 89,623	$ 147,412	$ (253,788)
Net loss for the period	(17,655)	$ 0	0	(17,655)
Balance, shares at Feb. 28, 2023		89,623,323
Balance, amount at Feb. 28, 2023	(34,408)	$ 89,623	147,412	(271,443)
Balance, shares at Nov. 30, 2023		103,033,323
Balance, amount at Nov. 30, 2023	(118,075)	$ 103,033	169,469	(390,577)
Net loss for the period	(49,674)			(49,674)
Balance, shares at Feb. 29, 2024		103,033,323
Balance, amount at Feb. 29, 2024	$ (167,749)	$ 103,033	$ 169,469	$ (440,251)

Condensed Statements of Cash Fl

Condensed Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Feb. 29, 2024	Feb. 28, 2023
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (49,674)	$ (17,655)
Changes in operating assets and liabilities:
Prepaid expenses	(8,000)	0
Accounts payable and accrued liabilities	(576)	(4,645)
Accrued management fee - related party	30,000	0
Net cash used in operating activities	(28,250)	(22,300)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from related party	28,250	22,300
Net cash provided by financing activities	28,250	22,300
Net change in cash for the period	0	0
Cash at beginning of period	0	0
Cash at end of period	0	0
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for income taxes	0	0
Cash paid for interest	$ 0	$ 0

ORGANIZATION, BUSINESS AND LIQU

ORGANIZATION, BUSINESS AND LIQUIDITY	3 Months Ended
	Feb. 29, 2024
ORGANIZATION, BUSINESS AND LIQUIDITY
BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES	NOTE 1 – ORGANIZATION, BUSINESS AND LIQUIDITY Business AMJ Global Technology (the ‘Company’) was incorporated under the laws of the State of Nevada on August 16, 2013, originally incorporated as Kange Corp. Effective April 22, 2023, the Company filed with the State of Nevada a Certificate of Amendment to its Articles of Incorporation, changing the name of the Company to AMJ Global Technology. We are a start-up company developing mobile software products, starting in Estonia and Europe, which is our initial intended market. . During 2017, we began focusing on the intersection of technology and wholistic technology-based health treatments. We retained an advisor having substantial experience in the technology sector, and two former professional athletes to advise us regarding sports health issues and treatments. We intend to provide services to formulate a treatment model to meet the needs of professional athletes that suffer from PTSD and the early onset of dementia and Alzheimer’s. The Company is currently evaluating operations in the wholistic health industry. On April 26, 2023, the Company entered into an assignment agreement with AMJ Global Entertainment, LLC, a Nevada limited liability company controlled by the Company’s CEO and director., pursuant to which AMJ Global Entertainment, LLC assigned to the Company 25% of the ownership rights to AMJ Global Entertainment’s intellectual property in connection with the “Blabeey” platform, including software, code and trade secrets at zero cost. Basis of Presentation The accompanying unaudited interim financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Regulation S-X. Accordingly, the financial statements are condensed and do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments consisting of normal recurring entries necessary for a fair statement of the periods presented for: (a) the financial position; (b) the results of operations; and (c) cash flows, have been made in order to make the financial statements presented not misleading. The results of operations for such interim periods are not necessarily indicative of operations for a full year. The accompanying unaudited interim financial statements should be read in conjunction with the financial statements and related notes included in the Company’s Annual Report on Form 10-K, for the year ended November 30, 2023, as filed with the SEC on March 12, 2024. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. The estimates and judgments will also affect the reported amounts for certain expenses during the reporting period. Actual results could differ from these good faith estimates and judgments. Equity Investment – Related Party Equity investments with readily determinable fair values are measured at fair value. Equity investments without readily determinable fair values are measured using the equity method or measured at cost with adjustments for observable changes in price or impairments (referred to as the measurement alternative). We perform a qualitative assessment on a periodic basis and recognize an impairment if there are sufficient indicators that the fair value of the investment is less than carrying value. Changes in value are recorded in other income (expenses). The Equity investment in AMJ Global Entertainment, LLC (“AMJ”), a related party controlled by the Company’s CEO and director, is accounted for under the equity method as the investment provides us with the ability to exercise significant influence over operating and financial policies of AMJ. On acquisition of AMJ, the investment had no value and as of February 29, 2024, AMJ has sustained losses. The carrying amount of this investment as of February 29, 2024 is $0. Restatement of Previously Issued Financial Statements The Company has restated amounts reported in previously issued financial statements for the periods presented in this Quarterly Report on Form 10-Q relating to errors. The restated amounts relate to share values utilized to settle transactions with related parties. The following tables present the restatement to the line items of our previously issued financial statements to reflect the correction of errors: Statements of Changes in Stockholder's Deficit: November 30, 2022 As Reported Adjustment As Revised Additional paid -in-capital $ 3,255,107 $ (3,107,695 ) $ 147,412 Accumulated deficit $ (3,361,483 ) $ 3,107,695 $ (253,788 ) February 28, 2023 As Reported Adjustment As Revised Additional paid -in-capital $ 3,255,107 $ (3,107,695 ) $ 147,412 Accumulated deficit $ (3,379,138 ) $ 3,107,695 $ (271,443 )

GOING CONCERN AND LIQUIDITY CON

GOING CONCERN AND LIQUIDITY CONSIDERATION	3 Months Ended
	Feb. 29, 2024
GOING CONCERN AND LIQUIDITY CONSIDERATION
GOING CONCERN AND LIQUIDITY CONSIDERATION	NOTE 2 – GOING CONCERN AND LIQUIDITY CONSIDERATION Going Concern The accompanying condensed financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company used cash in operating activities of $28,250 for the three months ended February 29, 2024. The Company had an accumulated deficit of $440,251 at February 29, 2024. These factors raise substantial doubt about the ability of the Company to continue as a going concern for a reasonable period of time. The Company’s continuation as a going concern is dependent upon its ability to generate revenues and its ability to continue receiving investment capital and loans from related parties to sustain its current level of operations. The Company is in the process of securing working capital from investors for common stock, convertible notes payable, and/or strategic partnerships. No assurance can be given that the Company will be successful in these efforts. The condensed financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended
	Feb. 29, 2024
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS	NOTE 3 – RELATED PARTY TRANSACTIONS In support of the Company’s efforts and cash requirements, it may rely on advances from related parties until such a time that the Company can support its operations or attain adequate financing through sales of its equity or traditional debt financing. There is no formal written commitment for continued support by shareholders. Amounts represent advances or amounts paid in satisfaction of liabilities. The advances are non-interest bearing, considered temporary in nature, and have not been formalized by a promissory note. During the three months ended February 29, 2024 and February 28, 2023, AMJ Global Entertainment LLC, a related party controlled by the Company’s CEO and director advanced to the Company an amount of $28,250 and $22,300, respectively, by paying for operating expenses on behalf of the Company. During the three months ended February 29, 2024 and February 28, 2023, the Company accrued management fees of $30,000 and $0, respectively. At February 29, 2024 and November 30, 2023, the Company owed $44,715 and $16,465, respectively, to AMJ Global Entertainment LLC, a related party controlled by the Company’s CEO and director. The amount is unsecured, non-interest bearing and due on demand.

COMMON STOCK

COMMON STOCK	3 Months Ended
	Feb. 29, 2024
COMMON STOCK
COMMON STOCK	NOTE 4 – COMMON STOCK Common Stock The Company has authorized common shares of 750,000,000, par value $0.001 per share. Each outstanding share of common stock entitles the holder to one vote per share on all matters submitted to a stockholder vote. All shares of common stock are non-assessable and non-cumulative, with no pre-emptive rights. On October 4, 2023, the Company issued 10,000 shares of common stock for settlement of debt to a vendor. The shares were valued at $26, resulting in a gain of settlement on debt of $9,974. On September 27, 2023, the Company adopted the Board Resolution and issued 10,000,000 shares of common stock against amount owed to AMJ Global Entertainment LLC, a related party controlled by the Company’s CEO and director, and 2,000,000 shares of common stock as stock - based compensation to the Company’s CEO and director (see Note 3). On March 9, 2023 and September 27, 2023, the Company issued 900,000 and 500,000 shares of common stock to the Company’s board advisors as advisory fees (see Note 3). There were 103,033,323 and 103,033,323 shares of common stock issued and outstanding as of February 29, 2024 and November 30, 2023, respectively.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Feb. 29, 2024
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	NOTE 5 – SUBSEQUENT EVENTS On or about March 26, 2024, the Company entered into a Board Member Agreement with Mr. Stutman pursuant to which Mr. Stutman would act as a member of the Board of Directors of the Company for at least one year, and would be compensated 100,000 shares of Company common stock for the first year’s performance under the agreement, and an additional 100,000 shares of Company common stock on the one-year anniversary of the agreement. On or about March 26, 2024, the Company entered into a Board Member Agreement with Mr. Neilan pursuant to which Mr. Neilan would act as a member of the Board of Directors of the Company for at least one year, and would be compensated 100,000 shares of Company common stock for the first year’s performance under the agreement, and an additional 100,000 shares of Company common stock on the one-year anniversary of the agreement. On or about March 26, 2024, the Company entered into a Board Member Agreement with Mr. Anglen pursuant to which Mr. Stutman would act as a member of the Board of Directors of the Company for at least one year, and would be compensated 100,000 shares of Company common stock for the first year’s performance under the agreement, and an additional 100,000 shares of Company common stock on the one-year anniversary of the agreement. On or about March 26, 2024, the Company entered into a Board Member Agreement with Mr. Barkdull pursuant to which Mr. Barkdull would act as a member of the Board of Directors of the Company for at least one year, and would be compensated 100,000 shares of Company common stock for the first year’s performance under the agreement, and an additional 100,000 shares of Company common stock on the one-year anniversary of the agreement. On or about March 26, 2024, the Company entered into an Advisory Board Member Agreement with Mr. Phifer pursuant to which Mr. Phifer would act as a member of the Board of Advisors of the Company and would be compensated 100,000 shares of Company common stock for the first year’s performance under the agreement, and an additional 100,000 shares of Company common stock on the one-year anniversary of the agreement. On or about March 26, 2024, the Company entered into an Advisory Board Member Agreement with Mr. Johnson pursuant to which Mr. Johnson would act as a member of the Board of Advisors of the Company, and would be compensated 100,000 shares of Company common stock for the first year’s performance under the agreement, and an additional 100,000 shares of Company common stock on the one-year anniversary of the agreement. On March 28, 2024, in accordance with the above, the Company issued an aggregate of 600,000 shares of its common stock. On or about April 2nd, 2024 the Company entered into an Advisory Board Member Agreement with Dr. Jerry Doby pursuant to which Dr. Doby would act as a member of the Board of Advisors of the Company, and would be compensated 100,000 shares of Company common stock for the first year’s performance under the agreement, and an additional 100,000 shares of Company common stock on the one-year anniversary of the agreement. On or about April 2nd 2024, the Company entered into an Advisory Board Member Agreement with Mr. Paul Ring pursuant to which Mr. Ring would act as a member of the Board of Advisors of the Company, and would be compensated 100,000 shares of Company common stock for the first year’s performance under the agreement, and an additional 100,000 shares of Company common stock on the one-year anniversary of the agreement. On April 3, 2024, in accordance with the above, the Company issued an aggregate of 200,000 shares of its common stock.

ORGANIZATION, BUSINESS AND LI_2

ORGANIZATION, BUSINESS AND LIQUIDITY (Policies)	3 Months Ended
	Feb. 29, 2024
ORGANIZATION, BUSINESS AND LIQUIDITY
Business	AMJ Global Technology (the ‘Company’) was incorporated under the laws of the State of Nevada on August 16, 2013, originally incorporated as Kange Corp. Effective April 22, 2023, the Company filed with the State of Nevada a Certificate of Amendment to its Articles of Incorporation, changing the name of the Company to AMJ Global Technology. We are a start-up company developing mobile software products, starting in Estonia and Europe, which is our initial intended market. . During 2017, we began focusing on the intersection of technology and wholistic technology-based health treatments. We retained an advisor having substantial experience in the technology sector, and two former professional athletes to advise us regarding sports health issues and treatments. We intend to provide services to formulate a treatment model to meet the needs of professional athletes that suffer from PTSD and the early onset of dementia and Alzheimer’s. The Company is currently evaluating operations in the wholistic health industry. On April 26, 2023, the Company entered into an assignment agreement with AMJ Global Entertainment, LLC, a Nevada limited liability company controlled by the Company’s CEO and director., pursuant to which AMJ Global Entertainment, LLC assigned to the Company 25% of the ownership rights to AMJ Global Entertainment’s intellectual property in connection with the “Blabeey” platform, including software, code and trade secrets at zero cost.
Basis of Presentation	The accompanying unaudited interim financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Regulation S-X. Accordingly, the financial statements are condensed and do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments consisting of normal recurring entries necessary for a fair statement of the periods presented for: (a) the financial position; (b) the results of operations; and (c) cash flows, have been made in order to make the financial statements presented not misleading. The results of operations for such interim periods are not necessarily indicative of operations for a full year. The accompanying unaudited interim financial statements should be read in conjunction with the financial statements and related notes included in the Company’s Annual Report on Form 10-K, for the year ended November 30, 2023, as filed with the SEC on March 12, 2024.
Use of Estimates	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. The estimates and judgments will also affect the reported amounts for certain expenses during the reporting period. Actual results could differ from these good faith estimates and judgments.
Equity Investment - Related Party	Equity investments with readily determinable fair values are measured at fair value. Equity investments without readily determinable fair values are measured using the equity method or measured at cost with adjustments for observable changes in price or impairments (referred to as the measurement alternative). We perform a qualitative assessment on a periodic basis and recognize an impairment if there are sufficient indicators that the fair value of the investment is less than carrying value. Changes in value are recorded in other income (expenses). The Equity investment in AMJ Global Entertainment, LLC (“AMJ”), a related party controlled by the Company’s CEO and director, is accounted for under the equity method as the investment provides us with the ability to exercise significant influence over operating and financial policies of AMJ. On acquisition of AMJ, the investment had no value and as of February 29, 2024, AMJ has sustained losses. The carrying amount of this investment as of February 29, 2024 is $0.
Restatement of Previously Issued Financial Statements	The Company has restated amounts reported in previously issued financial statements for the periods presented in this Quarterly Report on Form 10-Q relating to errors. The restated amounts relate to share values utilized to settle transactions with related parties. The following tables present the restatement to the line items of our previously issued financial statements to reflect the correction of errors: Statements of Changes in Stockholder's Deficit: November 30, 2022 As Reported Adjustment As Revised Additional paid -in-capital $ 3,255,107 $ (3,107,695 ) $ 147,412 Accumulated deficit $ (3,361,483 ) $ 3,107,695 $ (253,788 ) February 28, 2023 As Reported Adjustment As Revised Additional paid -in-capital $ 3,255,107 $ (3,107,695 ) $ 147,412 Accumulated deficit $ (3,379,138 ) $ 3,107,695 $ (271,443 )

ORGANIZATION, BUSINESS AND LI_3

ORGANIZATION, BUSINESS AND LIQUIDITY (Tables)	3 Months Ended
	Feb. 29, 2024
ORGANIZATION, BUSINESS AND LIQUIDITY
Schedule of change in stockholder's deficit	Statements of Changes in Stockholder's Deficit: November 30, 2022 As Reported Adjustment As Revised Additional paid -in-capital $ 3,255,107 $ (3,107,695 ) $ 147,412 Accumulated deficit $ (3,361,483 ) $ 3,107,695 $ (253,788 ) February 28, 2023 As Reported Adjustment As Revised Additional paid -in-capital $ 3,255,107 $ (3,107,695 ) $ 147,412 Accumulated deficit $ (3,379,138 ) $ 3,107,695 $ (271,443 )

ORGANIZATION, BUSINESS AND LI_4

ORGANIZATION, BUSINESS AND LIQUIDITY (Details) - USD ($)	Feb. 29, 2024	Nov. 30, 2023	Feb. 28, 2023	Nov. 30, 2022
Additional paid in capital	$ 169,469	$ 169,469
Accumulated deficit	$ (440,251)	$ (390,577)
As Reported [Member]
Additional paid in capital			$ 3,255,107	$ 3,255,107
Accumulated deficit			(3,379,138)	(3,361,483)
Adjustment [Member]
Additional paid in capital			(3,107,695)	(3,107,695)
Accumulated deficit			3,107,695	3,107,695
As Revised [Member]
Additional paid in capital			147,412	147,412
Accumulated deficit			$ (271,443)	$ (253,788)

ORGANIZATION BUSINESS AND LIQUI

ORGANIZATION BUSINESS AND LIQUIDITY (Detail Narrative) - USD ($)	1 Months Ended
	Apr. 26, 2023	Feb. 29, 2024
Investments		$ 0
AMJ Global Entertainment LLC [Member] | Common Stock
Right of owenership	25%

GOING CONCERN AND LIQUIDITY C_2

GOING CONCERN AND LIQUIDITY CONSIDERATION (Detail Narrative) - USD ($)	3 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Nov. 30, 2023
GOING CONCERN AND LIQUIDITY CONSIDERATION
Accumulated deficit	$ (440,251)		$ (390,577)
Net cash used in operating activities	$ (28,250)	$ (22,300)

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	3 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Nov. 30, 2023
Due to related party	$ 44,715		$ 16,465
Advance from related party	28,250	$ 22,300
Accrued management fee	30,000	0
AMJ Global Entertainment LLC [Member]
Due to related party	44,715		$ 16,465
Advance from related party	$ 28,250	$ 22,300

COMMON STOCK (Details Narrative

COMMON STOCK (Details Narrative) - USD ($)			1 Months Ended
	Oct. 04, 2023	Mar. 09, 2023	Sep. 27, 2023	Feb. 29, 2024	Nov. 30, 2023
Common stock, Authorized				750,000,000	750,000,000
Common stock, Par value				$ 0.001	$ 0.001
Common Stock, Shares Issued				103,033,323	103,033,323
Common stock, Shares Outstanding				103,033,323	103,033,323
Advisory Fees [Member]
Issuance shares of common stock		900,000	500,000
Vendor [Member]
Common stock shares, value	$ 26
Common Stock, Shares Issued	10,000
Gain on settlement of debt	$ 9,974
Common Stock And Share [Member]
Stock based compensation			2,000,000
Common Stock, Shares Issued			10,000,000

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - Subsequent Event [Member] - shares			1 Months Ended
	Apr. 03, 2024	Apr. 02, 2024	Mar. 28, 2024	Mar. 26, 2024
Aggregate shares of common stock	200,000		600,000
Agreement with Mr. Stutman [Member]
Shares Issued, Compensation				100,000
Additional shares of common stock				100,000
Agreement with Mr. Neilan [Member]
Shares Issued, Compensation				100,000
Additional shares of common stock				100,000
Agreement with Mr. Anglen [Member]
Shares Issued, Compensation				100,000
Additional shares of common stock				100,000
Agreement with Mr. Barkdull [Member]
Shares Issued, Compensation				100,000
Additional shares of common stock				100,000
Agreement with Mr. Phifer [Member]
Shares Issued, Compensation				100,000
Additional shares of common stock				100,000
Agreement with Mr. Johnson [Member]
Shares Issued, Compensation				100,000
Additional shares of common stock				100,000
Agreement with Dr. Jerry Doby [Member]
Shares Issued, Compensation		100,000
Additional shares of common stock		100,000
Agreement with Mr. Paul Ring [Member]
Shares Issued, Compensation		100,000
Additional shares of common stock		100,000