Quarterly report pursuant to sections 13 or 15(d)

EQUITY

v2.3.0.11
EQUITY
 6 Months Ended
Mar. 31, 2012
EQUITY [Abstract]  
EQUITY


NOTE 7 -

EQUITY


Common Stock


In December 2011, the Company issued 3,671,301 shares of the Company's common stock to a consultant in exchange for services previously accrued in the amount of approximately $7,300.

 

In January 2012, the Company issued 5,000,000 shares of the Company's common stock to a consultant in exchange for services valued at approximately $12,500.

In February 2012, the Company issued 3,750,000 shares of the Company's common stock to a consultant in exchange for services valued at approximately $9,375.


Preferred Stock


Dividends payable on Series A Convertible Preferred Stock of approximately $85,326 are included in Accrued Expenses at March 31, 2012.