On June 2011, the Company issued a $20,000,000 convertible note to acquire the assets of Blackbook2 Inc, a social networking portal with 25,000,000 users. The note provided that it was convertible into common stock at the rate of $.002 per share. Also in June 2011, Blackbook2 elected to convert $5,000,000 of its note to 250,000,000 shares of common stock and issued those shares to former Blackbook2 stockholders.