Prepaid Expenses

3 Months Ended

Mar. 31, 2016

Prepaid Expenses

Prepaid Expenses

Note 4 - Prepaid Expenses

At March 31, 2016, the Company recognized a prepaid expense for filing fees of $10,498 and consulting services of $26,000. On August 26, 2015, the Company finalized a consulting agreement that it entered into on August 11, 2015 with Michael Korsunsky ("Consultant") pursuant to which Consultant was engaged by the Company to (i) provide introductions to strategic business alliances, (ii) advise on exposure and risk in the operation of smart phone applications and (iii) advise on market fluctuations within the different categories of the smart phone application delivery services sector, in consideration of 100,000 restricted shares of common stock of the Company, which shares were issued on or around August 26, 2015. The fair value of the services is $26,000, which was booked as a prepaid expense. Shares were issued for the services.

Prepaid expenses at March 31, 2016 is $36,498 and $25,998 at December 31, 2015.