Quarterly report pursuant to sections 13 or 15(d)

EQUITY

v2.4.0.8
EQUITY
 3 Months Ended
Dec. 31, 2013
EQUITY [Abstract]  
EQUITY

NOTE 6 -EQUITY


 

Common Stock

 

In November 2013, a private investor purchased 40,000,000 shares of the Company's common stock for $200,000 cash.

 

In December 2013, a stockholder purchased 10,000,000 shares of the Company's common stock for $100,000 cash.

 

Preferred Stock

 

Preferred Share Designations

 

In December 2013, the Board of Directors voted to amend the Company's Articles of Incorporation to change the conversion rights of the Series C and Series D Convertible Preferred Stock. Each share of the Series C and Series D Preferred Stock is convertible into five shares of common stock.

 

In November 2013, the Company issued 35,000 shares of the Company's Series C Convertible Preferred stock to a consulting firm for services valued at  $10,000.