STOCKHOLDERS' EQUITY

9 Months Ended

Sep. 30, 2014

Notes to Financial Statements

Note 4 - STOCKHOLDERS' EQUITY

4. STOCKHOLDERS’ EQUITY

As previously reported on the Company’s Form 8-K, on January 15, 2014, the Company issued 3,267,974 shares of common stock to Lone Star Value Investors, LP, an entity controlled by a former director and officer of the Company, for cash proceeds of $50,000.  The proceeds of this issuance will be used to assist in funding the Company’s operating expenses.