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Tuesday, January 20, 2015 8:18:24 PM
NOTE 5
-
EQUITY ACTIVITY
During the three months ended
September 30,
2014 the Company issued
402,309,491 common shares converting $402,309 of notes
payable
. The shares were valued at $
.001
.
During the year ended
December
31, 2013 the Company issued 1,017,437,785 shares of common stock as payment for debt with an
aggregate of $1,017,438.
During the year ended
December
31, 2013 the Company issued 22,000,000
preferred
shares as payment for debt with an aggregate
value of $2
2,000.
During the year ended
December
31, 2012 the Company issued 95,516,931 shares of common stock as payment for services
rendered. These shares were valued at an aggregate of $817,833. During the year ended
December
31, 2012 the Company issued
8,000,0
00 common shares as payment for services rendered. These shares were valued at $0.13 per share, resulting in an aggregate
value of $1,040,508.
During the year ended
December
31, 2012 the Company issued 83,420,000 shares of preferred stock for $121,860 cas
h. During the
year ended
December 31,
2012 the Company issued 334,744,573 shares of common stock for conversion of $724,783 of debt.
During the year ended
December 31
, 2011 the Company issued
2,767,112
shares of common stock for cash. These issuances
resulted in
total net proceeds of $402,072. In addition, the Company issued
755
,000 shares of common stock as payment for services rendered.
These shares were valued at an aggregate of $151,000.
During the year ended
December 31
, 2011
the Company issued 3,000,000 shares of preferred stock and
65,255
shares of common stock
in acquisition of a subsidiary entity. These shares were valued at an aggregate of $19,051. Additionally, the Company issue
d
49,569
shares of common stock in convers
ion of debts. These shares were valued at an aggregate of $17,250
imo aJ
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