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Nilbud

10/04/11 7:49 PM

#12116 RE: jmurfk #12079

Wow! - That's a lot of shares up for DILUTION!!!!!!!!
Effective June 1, 2010, we issued 200,000 shares of our common stock in a private placement at a purchase price of $0.03 raising gross proceeds of $6,000. We have issued all of the shares to two non-US persons (as that term is defined in Regulation S of the Securities Act of 1933) in an offshore transaction relying on Regulation S and/or Section 4(2) of the Securities Act of 1933.

Effective June 2, 2010, we issued 500,000 shares of our common stock in a private placement at a purchase price of $0.03 raising gross proceeds of $15,000. We have issued all of the shares to four non-US persons (as that term is defined in Regulation S of the Securities Act of 1933) in an offshore transaction relying on Regulation S and/or Section 4(2) of the Securities Act of 1933.

Effective June 3, 2010, we issued 700,000 shares of our common stock in a private placement at a purchase price of $0.03 raising gross proceeds of $21,000. We have issued all of the shares to three non-US persons (as that term is defined in Regulation S of the Securities Act of 1933) in an offshore transaction relying on Regulation S and/or Section 4(2) of the Securities Act of 1933.

Effective June 4 2010, we issued 250,000 shares of our common stock in a private placement at a purchase price of $0.03 raising gross proceeds of $7,500. We have issued all of the shares to two non-US persons (as that term is defined in Regulation S of the Securities Act of 1933) in an offshore transaction relying on Regulation S and/or Section 4(2) of the Securities Act of 1933.

Effective June 4, 2010, we issued 300,000 shares of our common stock in a private placement at a purchase price of $0.03 raising gross proceeds of $9,000. We have issued all of securities to one U.S. person (as that term is defined in Regulation S of the Securities Act of 1933) relying upon Rule 506 of Regulation D of the Securities Act of 1933.

Effective June 7, 2010, we issued 100,000 shares of our common stock in a private placement at a purchase price of $0.03 raising gross proceeds of $3,000. We have issued all of the shares to one non-US person (as that term is defined in Regulation S of the Securities Act of 1933) in an offshore transaction relying on Regulation S and/or Section 4(2) of the Securities Act of 1933.

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Effective June 8, 2010, we issued 700,000 shares of our common stock in a private placement at a purchase price of $0.03 raising gross proceeds of $21,000. We have issued all of the shares to three non-US persons (as that term is defined in Regulation S of the Securities Act of 1933) in an offshore transaction relying on Regulation S and/or Section 4(2) of the Securities Act of 1933.

Effective June 10, 2010, we issued 100,000 shares of our common stock in a private placement at a purchase price of $0.03 raising gross proceeds of $3,000. We have issued all of the shares to one non-US person (as that term is defined in Regulation S of the Securities Act of 1933) in an offshore transaction relying on Regulation S and/or Section 4(2) of the Securities Act of 1933.

Effective June 11, 2010, we issued 100,000 shares of our common stock in a private placement at a purchase price of $0.03 raising gross proceeds of $3,000. We have issued all of the shares to one non-US person (as that term is defined in Regulation S of the Securities Act of 1933) in an offshore transaction relying on Regulation S and/or Section 4(2) of the Securities Act of 1933.

Effective June 14, 2010, we issued 400,000 shares of our common stock in a private placement at a purchase price of $0.03 raising gross proceeds of $12,000. We have issued all of the shares to three non-US persons (as that term is defined in Regulation S of the Securities Act of 1933) in an offshore transaction relying on Regulation S and/or Section 4(2) of the Securities Act of 1933.

Effective June 15, 2010, we issued 1,300,000 shares of our common stock in a private placement at a purchase price of $0.03 raising gross proceeds of $39,000. We have issued all of the shares to three non-US persons (as that term is defined in Regulation S of the Securities Act of 1933) in an offshore transaction relying on Regulation S and/or Section 4(2) of the Securities Act of 1933.

Effective June 17, 2010, we issued 1,000,000 shares of our common stock in a private placement at a purchase price of $0.03 raising gross proceeds of $30,000. We have issued all of securities to one U.S. person (as that term is defined in Regulation S of the Securities Act of 1933) relying upon Rule 506 of Regulation D of the Securities Act of 1933.

Effective June 18, 2010, we issued 300,000 shares of our common stock in a private placement at a purchase price of $0.03 raising gross proceeds of $9,000. We have issued all of the shares to one non-US person (as that term is defined in Regulation S of the Securities Act of 1933) in an offshore transaction relying on Regulation S and/or Section 4(2) of the Securities Act of 1933.

Effective June 23, 2010, we issued 100,000 shares of our common stock in a private placement at a purchase price of $0.03 raising gross proceeds of $3,000. We have issued all of securities to one U.S. person (as that term is defined in Regulation S of the Securities Act of 1933) relying upon Rule 506 of Regulation D of the Securities Act of 1933.

Effective June 25, 2010, we issued 1,200,000 shares of our common stock in a private placement at a purchase price of $0.03 raising gross proceeds of $36,000. We have issued all of the shares to five non-US persons (as that term is defined in Regulation S of the Securities Act of 1933) in an offshore transaction relying on Regulation S and/or Section 4(2) of the Securities Act of 1933.

Effective June 30, 2010, we issued 600,000 shares of our common stock in a private placement at a purchase price of $0.03 raising gross proceeds of $18,000. We have issued all of the shares to four non-US persons (as that term is defined in Regulation S of the Securities Act of 1933) in an offshore transaction relying on Regulation S and/or Section 4(2) of the Securities Act of 1933.

Effective August 20, 2010, we issued 100,000 shares of our common stock in a private placement at a purchase price of $0.05 raising gross proceeds of $5,000. We have issued all of securities to one U.S. person (as that term is defined in Regulation S of the Securities Act of 1933) relying upon Rule 506 of Regulation D of the Securities Act of 1933.

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Effective August 24, 2010, we issued 500,000 shares of our common stock in a private placement at a purchase price of $0.05 raising gross proceeds of $25,000. We have issued all of securities to one U.S. person (as that term is defined in Regulation S of the Securities Act of 1933) relying upon Rule 506 of Regulation D of the Securities Act of 1933.

Effective August 25, 2010, we issued 500,000 shares of our common stock in a private placement at a purchase price of $0.05 raising gross proceeds of $25,000. We have issued all of securities to one U.S. person (as that term is defined in Regulation S of the Securities Act of 1933) relying upon Rule 506 of Regulation D of the Securities Act of 1933.

Effective August 30, 2010, we issued 100,000 shares of our common stock in a private placement at a purchase price of $0.05 raising gross proceeds of $5,000. We have issued all of securities to one U.S. person (as that term is defined in Regulation S of the Securities Act of 1933) relying upon Rule 506 of Regulation D of the Securities Act of 1933.

Effective August 30, 2010, we issued 250,000 shares of our common stock in a private placement at a purchase price of $0.05 raising gross proceeds of $12,500. We have issued all of the shares to one non-US person (as that term is defined in Regulation S of the Securities Act of 1933) in an offshore transaction relying on Regulation S and/or Section 4(2) of the Securities Act of 1933.

Effective August 31, 2010, we issued 400,000 shares of our common stock in a private placement at a purchase price of $0.05 raising gross proceeds of $20,000. We have issued all of securities to one U.S. person (as that term is defined in Regulation S of the Securities Act of 1933) relying upon Rule 506 of Regulation D of the Securities Act of 1933.

Effective August 31, 2010, we issued 500,000 shares of our common stock in a private placement at a purchase price of $0.05 raising gross proceeds of $25,000. We have issued all of securities to one U.S. person (as that term is defined in Regulation S of the Securities Act of 1933) relying upon Rule 506 of Regulation D of the Securities Act of 1933.

Effective September 3, 2010, we issued 250,000 shares of our common stock in a private placement at a purchase price of $0.05 raising gross proceeds of $12,500. We have issued all of the shares to one non-US person (as that term is defined in Regulation S of the Securities Act of 1933) in an offshore transaction relying on Regulation S and/or Section 4(2) of the Securities Act of 1933.

Effective September 7, 2010, we issued 600,000 shares of our common stock in a private placement at a purchase price of $0.05 raising gross proceeds of $30,000. We have issued all of securities to two U.S. persons (as that term is defined in Regulation S of the Securities Act of 1933) relying upon Rule 506 of Regulation D of the Securities Act of 1933.

Effective September 10, 2010, we issued 100,000 shares of our common stock in a private placement at a purchase price of $0.05 raising gross proceeds of $5,000. We have issued all of securities to one U.S. person (as that term is defined in Regulation S of the Securities Act of 1933) relying upon Rule 506 of Regulation D of the Securities Act of 1933.

Effective September 14, 2010, we issued 600,000 shares of our common stock in a private placement at a purchase price of $0.05 raising gross proceeds of $30,000. We have issued all of securities to one U.S. person (as that term is defined in Regulation S of the Securities Act of 1933) relying upon Rule 506 of Regulation D of the Securities Act of 1933.

Effective September 15, 2010, we issued 100,000 shares of our common stock in a private placement at a purchase price of $0.05 raising gross proceeds of $5,000. We have issued all of securities to one U.S. person (as that term is defined in Regulation S of the Securities Act of 1933) relying upon Rule 506 of Regulation D of the Securities Act of 1933.

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Effective September 15, 2010, we issued 500,000 shares of our common stock in a private placement at a purchase price of $0.05 raising gross proceeds of $25,000. We have issued all of the shares to one non-US person (as that term is defined in Regulation S of the Securities Act of 1933) in an offshore transaction relying on Regulation S and/or Section 4(2) of the Securities Act of 1933.

Effective September 21, 2010, we issued 200,000 shares of our common stock in a private placement at a purchase price of $0.05 raising gross proceeds of $10,000. We have issued all of securities to one U.S. person (as that term is defined in Regulation S of the Securities Act of 1933) relying upon Rule 506 of Regulation D of the Securities Act of 1933.

Effective September 23, 2010, we issued 300,000 shares of our common stock in a private placement at a purchase price of $0.05 raising gross proceeds of $15,000. We have issued all of the shares to one non-US person (as that term is defined in Regulation S of the Securities Act of 1933) in an offshore transaction relying on Regulation S and/or Section 4(2) of the Securities Act of 1933.

Effective October 1, 2010, we issued 100,000 shares of our common stock in a private placement at a purchase price of $0.05 raising gross proceeds of $5,000. We have issued all of securities to one U.S. person (as that term is defined in Regulation S of the Securities Act of 1933) relying upon Rule 506 of Regulation D of the Securities Act of 1933.

Effective October 4, 2010, we issued 600,000 shares of our common stock in a private placement at a purchase price of $0.05 raising gross proceeds of $30,000. We have issued all of the shares to one non-US person (as that term is defined in Regulation S of the Securities Act of 1933) in an offshore transaction relying on Regulation S and/or Section 4(2) of the Securities Act of 1933.
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Nilbud

10/04/11 7:53 PM

#12118 RE: jmurfk #12079

Uh oh!
Our auditors have issued a going concern opinion for our year ended May 31, 2011. This means that there is substantial doubt that we can continue as an on-going business for the next twelve months unless we obtain additional capital to pay our bills.
From the 10K http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8140327