Wednesday, October 31, 2007 10:42:12 AM
Issuance of Common Stock - During the year ended December 31, 2006 the Company raised a total of $135,835 from the
sale of 1,378,000,000 shares of its series A common stock to multiple investors at prices between $.00005 and $.0007 per
share. During the year ended December 31, 2005 the Company raised a total of $98,600 from the sale of 55,946,000 shares
of its series A common stock to multiple investors at prices between $.0002 and $.001 per share. During the five months
ended December 31, 2004 the Company raised a total of $95,050 from the sale of 35,000 shares of its series A common stock
to multiple investors at prices between $0.10 and $5.00 per share. In addition, a total of 11,000 shares were issued in the five months
ended December 31, 2004 to repay a $6,000 loan.
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