Quarterly report pursuant to Section 13 or 15(d)

Common Stock

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Common Stock
9 Months Ended
Sep. 30, 2016
Equity [Abstract]  
Common stock

Note 7 – Common Stock

 

During the nine months ended September 30, 2016, the Company sold to accredited investors an aggregate of 10,000,000 shares of its common stock at $0.05 per share and warrants to purchase 10,000,000 shares of its common stock for total gross proceeds of $500,000. The warrants have a term of three years and an exercise price of $0.10 per share.

 

During the nine months ended September 30, 2016, the Company issued 6,580,000 shares of its common stock upon the exercise of 6,580,000 warrants for gross proceeds of $65,800.