SUBSEQUENT EVENTS	9 Months Ended
Sep. 30, 2014
Notes to Financial Statements
NOTE 10-SUBSEQUENT EVENTS	On October 31, 2014, the Company announced that the Board of Directors had declared a ten percent stock dividend on its outstanding Series A 10% Convertible Preferred Stock. Stockholders of record as of November 15, 2014 will receive the stock dividend for each share of Series A 10% Convertible Preferred Stock owned on that date, payable on December 1, 2014. As of October 31, 2014, the Company had 24,971 shares of Series A 10% Convertible Preferred Stock outstanding, the total dividend consists of 2,494 shares of Series A 10% Convertible Preferred Stock (which are convertible into 2,494,000 of Common Stock) with a fair value of $249,400 and a total of 16 fractional shares which will be accumulated until whole shares can be issued. Due to the absence of Retained Earnings, the $2,494 par value of the Series A 10% Convertible Preferred Stock dividend will be charged against Additional Paid-in Capital.

SUBSEQUENT EVENTS

9 Months Ended

Sep. 30, 2014

On October 31, 2014, the Company announced that the Board of Directors had declared a ten percent stock dividend on its outstanding Series A 10% Convertible Preferred Stock. Stockholders of record as of November 15, 2014 will receive the stock dividend for each share of Series A 10% Convertible Preferred Stock owned on that date, payable on December 1, 2014. As of October 31, 2014, the Company had 24,971 shares of Series A 10% Convertible Preferred Stock outstanding, the total dividend consists of 2,494 shares of Series A 10% Convertible Preferred Stock (which are convertible into 2,494,000 of Common Stock) with a fair value of $249,400 and a total of 16 fractional shares which will be accumulated until whole shares can be issued. Due to the absence of Retained Earnings, the $2,494 par value of the Series A 10% Convertible Preferred Stock dividend will be charged against Additional Paid-in Capital.