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Re: invest1980 post# 8577

Thursday, 03/31/2005 12:42:15 AM

Thursday, March 31, 2005 12:42:15 AM

Post# of 19547
Stock issued for services in 2003 was $14,000 par value plus $106,000 Additional paid in capital for a total of $120,000.

Stock issued for cash was $93,354 par value plus $634,702 additional paid in capital for a total of $728,056.

This should have been shown in the "cash flows from Financing Activities".