InvestorsHub Logo
Followers 7
Posts 1572
Boards Moderated 0
Alias Born 10/01/2006

Re: None

Tuesday, 12/01/2009 6:55:20 PM

Tuesday, December 01, 2009 6:55:20 PM

Post# of 27507
Registration of securities Form S-8

Securities offered to employees pursuant to employee benefit plans
(How many employees do they have, oh yeah 2)

CALCULATION OF REGISTRATION FEE

Title of securities
to be registered

Common Stock,
$0.0001 par
value

Amount to be registered
65,000,000
(wow, 65 million)

Proposed Maximum offering price per share
$.0065
(How much did you pay for yours?)

Proposed Maximum Registered Aggregate offering price
$422,500
(Is that a lot for employee benefits for 2 employees or am I reading this wrong, what was their gross profit last year?)

Amount of registration fee
$23.58
(well at least it's cheap to issue millions of shares)

I wonder if they plan on selling those shares?
Do they have to pay for these shares or are they being awarded.
It would be great if they were buying them but I'm not sure if that is what this is saying