STOCKHOLDERS EQUITY |
12 Months Ended |
|---|---|
Dec. 31, 2016 | |
| STOCKHOLDERS EQUITY: | |
| STOCKHOLDERS EQUITY | NOTE 9. STOCKHOLDERS EQUITY
2016
In 2016, the Company issued 528,768 shares of common stock for $2,643 of management services at $.005 per share.
In 2016, the Company issued 1,000,000 shares of common stock for $5,000 for working capital at $.005 per share.
In 2016, the Company issued 160,170 shares of common stock for $1,601 for legal work performed at $.01 per share.
In 2016, the Company issued 163,020 shares of common stock for $1,630 for legal work performed at $.01 per share.
In 2016, the Company returned to Treasury 1,000 shares of common stock for $2.30 at $.0023 per share.
In 2016, the Company issued 4,347,826 shares of common stock for $10,000 for working capital at $.0023 per share.
2015
In 2015, the Company issued 738,280 shares of common stock for $14,766 in consulting work at $.02 per share.
In 2015, the Company returned to treasury 2,500 shares of common stock for $25 at $.01 per share.
In 2015, the Company issued 2,377,480 shares of common stock for $23,774 in consulting work at $.01 per share.
In 2015, the Company issued 6,166,700 restricted shares of common stock for $61,667 in consulting work at $.01 per share.
In 2015, the Company issued 1,000,000 and 1,000,000 restricted shares of its common stock for a total of $15,000 at $.01 and $.005 per share for working capital, respectively.
In 2015, the Company issued 2,000,000 shares of common stock for $10,400 in consulting work at $.0052 per share.
In 2015, the Company issued 3,500,000 restricted shares of common stock for $18,200 in consulting work at $.0052 per share.
In 2015, the Company issued 13,215,588 restricted shares of common stock for $66,078 in consulting work at $.005 per share.
In 2015, the Company issued 12,153,358 shares of common stock for $47,500 at $.00391 per share for working capital.
The Company estimates the fair value of its shares issued for services based on prices obtained for cash from non-related third parties or the bid price of the market of our stock. |