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STOCKHOLDERS' EQUITY (DEFICIENCY)
9 Months Ended
Sep. 30, 2013
STOCKHOLDERS' EQUITY (DEFICIENCY)  
STOCKHOLDERS' EQUITY (DEFICIENCY)

NOTE 3 STOCKHOLDERS’ EQUITY (DEFICIENCY)

 

(A) Common Stock Issued for Cash

 

None.

   

(B) Amendments to Articles of Incorporation

 

On October 10, 2013, the Company amended its articles of incorporation to change its name to B4MC Gold Mines, Inc.

  

(C) Return of Common Stock

 

In September 2013, the Company’s former sole member of the board of directors and a consultant, collectively returned 3,500,000 shares of common stock and were cancelled by the Company.

  

(D) Stock Issued for Mining Rights and Claim

 

On September 6, 2013, the Company, and its majority shareholder, entered into an Asset Purchase Agreement with Shannon Anderson and Herbert “Chris” Christopherson, pursuant to which the Company purchased two parcels of real property located in Mineral County Montana from Messrs. Anderson and Christopherson. The acres consist of approximately 32 acres of usable land. The Asset Purchase Agreement also included the purchase of several items of mining machinery and equipment owned by Mr. Anderson in consideration of 54,000,000 shares of common stock valued at $285,480 (valued at $0.005287 per share) and assumed debt of $109,443.

 

On September 3, 2013, the Company entered into an assignment to acquire 6 unpatented mining claims in Nye County Nevada, in consideration of 6,810,402 shares of common stock valued at $36,004 (valued at $0.005287 per share).  

 

 (E) Stock Issued for Services

 

On September 9, 2013 the Company issued 4,589,598 shares of common stock having a fair value of $24,264 ($0.005287 per share) in exchange for consulting services.

 

On September 9, 2013 the Company issued 600,000 shares of common stock having a fair value of $3,172 ($0.005287 per share) in exchange for consulting services by an officer of the Company. (See Note 5).

       

(F) Stock Split

 

On November 12, 2013, the Company implemented a 3 for 1 forward stock split. Upon effectiveness of the stock split, each shareholder received 3 shares of common stock for every share of common stock owned as of November 2, 2013. All share and per share references have been retroactively adjusted to reflect this 3 to 1 forward stock split in the financial statements and in the notes to financial statements for all periods presented, to reflect the stock split as if it occurred on the first day of the first period presented.