STOCKHOLDER'S EQUITY (DEFICIT)

6 Months Ended

Jun. 30, 2015

Stockholders' Equity Note [Abstract]

STOCKHOLDER'S EQUITY (DEFICIT)

NOTE 8 – STOCKHOLDER’S EQUITY (DEFICIT)

The Company has 300,000,000 shares authorized and 173,284,806 issued and outstanding as of June 30, 2015.

In the second quarter Company issued a total of 8,729,851 common shares at a weighted average of $0.19 per shares. There were 6,101,517 shares issued in conjunction with the MultiPay Acquisition, 2,000,00 shares issued in relation to the $700,000 capital raise and 628,334 shares for services provided to the company.

On September 24, 2014, the Company issued a total of 2,915,000 common shares to Penn Investments, Inc. for the conversion of outstanding debt and interest.