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Related Party Transactions
3 Months Ended
Mar. 31, 2014
Notes  
Related Party Transactions

 

Note 4:  Related Party Transactions

 

On March 31, 2014, Brett Bertolami, the sole officer and director of the Company converted advanced money to the company into a promissory note for $400.  The money was used to pay operating expenses.  The note will accrue interest at 2% annually until repaid.

 

On June 18, 2013, the board of directors approved a Securities Purchase Agreement with Brett Bertolami, whereby Mr. Bertolami agreed to purchase 1,000,000 shares of Series E Preferred Stock for an aggregate purchase price of $165,000.

 

On June 18, 2013, the board of directors approved a Repurchase Agreement with Capital Builders, Inc., the sole preferred stockholder at the time, to buy back 1,000,000 shares of Series E Preferred Stock for $ 109,416 and 200,000 shares of common stock.

 

For 2014 and 2013, the sole officer and director of the Company has provided office space at no cost to the Company.