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CAPITAL STOCK
9 Months Ended
Sep. 30, 2012
CAPITAL STOCK  
CAPITAL STOCK

NOTE 2 - CAPITAL STOCK

 

Common Stock - In July 1990, in connection with its organization, the Company issued 1,000,000 shares of its previously authorized but unissued common stock.  Total proceeds from the sale of stock amounted to $1,000 (or $.001 per share).

 

In May 1998, the Company issued 10,000,000 shares of its previously authorized but unissued common stock.  Total proceeds from the sale of stock amounted to $40,000 (or $.004 per share).  The issuance of common stock resulted in a change in control of the Company.

 

Capital Contribution - During the years 2005 to 2009, the Company received a total of $62,776 in shareholder contributions.