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NOTE 3 - EQUITY
9 Months Ended
Sep. 30, 2016
Equity [Abstract]  
NOTE 3 - EQUITY

NOTE 3 - EQUITY

 

During the nine months ended September 30, 2016, the Company issued 35,000,000 shares of common stock at a price of $0.01 per share raising $350,000. In connection with this raise, the Company issued 35,000,000 warrants with each to purchase one share of common stock at a price of $0.012. The warrants will expire in five years from the date of the purchase of the common shares.

 

During the nine months ended September 30, 2016, the Company issued 54,963,098 shares of common stock by converting $384,159 of the principal of convertible notes payable.

 

During the nine months ended September 30, 2015, the Company issued 15,608,696 common shares to the Class C Note holders in order to terminate the litigation between us and the Note holders, terminate all agreements between us, and cancel all warrants we have previously issued to them as well as the outstanding balance of the Class C Notes.