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Related Party Transactions
3 Months Ended
Mar. 31, 2016
Notes  
Related Party Transactions

5.Related Party Transactions

On May 12, 2015, we sold 4,979,593 shares of our common stock to PacificWave Partners Limited (“PacificWave”) at $0.05 per share for gross cash proceeds of approximately $249,000. In connection with the purchase of these shares from us, PacificWave also provided a $175,000 cash contribution to our capital which was recorded as additional paid-in capital.

On May 12, 2015, in connection with the change in control transaction, we paid approximately $4,000 to our former principal stockholder.

On May 12, 2015, we sold 4,979,593 shares of our common stock to PacificWave Partners Limited (“PacificWave”) at $0.05 per share for gross cash proceeds of approximately $249,000. In connection with the purchase of these shares from us, PacificWave also provided a $175,000 cash contribution to our capital which was recorded as additional paid-in capital.

During the three months ended March 31, 2016, our chief executive officer, advanced us approximately $1,000 which is recorded as Advances payable as of March 31, 2016.