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COMMON STOCK
9 Months Ended
Sep. 30, 2018
Common Stock  
COMMON STOCK
12. COMMON STOCK

 

During the nine month period ended September 30, 2018, the Company issued 2,000,000 shares of common stock for a legal settlement. The shares were issued at a value of $0.12 per share or for a total value of $240,000. In addition, the Company issued 1,597,971 shares for the conversion of a promissory note of $50,000 and accrued interest of $1,231. The stock was issued at a value of $0.03 per share. We relied on Section 4(a)(1) of the Securities Act of 1933, as amended, as the exception from registration under the Act.

 

During the nine month period ended September 30, 2017, no stock was sold or issued.