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Common Stock Transactions
 12 Months Ended
Dec. 31, 2014
Common Stock Transactions  
Common Stock Transactions

NOTE 7 - COMMON STOCK TRANSACTIONS

  

Effective December 1, 2014, the Board of Directors increased the number of authorized shares of common stock to 2,990,000,000.

 

On May 15, 2013, the Company issued 446,500 shares of common stock for services. The shares were issued at $0.07 based on the market value of the common stock on the date of authorization for total non-cash expense of $31,256.

 

On August 12, 2013, the Company issued 23,000,000 shares of common stock and 1,173,041 shares of preferred stock pursuant to its merger agreement with Co-Signer.com, Inc. Pursuant to the merger agreement, upon closing, 30,555,560 shares of common stock held by a former officer and director, were canceled.

 

On September 16, 2013, the Company issued 2,000,000 shares of common stock for services. The shares were issued at $0.085 based on the market value of the common stock on the date of authorization for total non-cash expense of $170,000.

 

On November 1, 2013, the Company issued 2,222,222 shares of common stock for services. The shares were issued at $0.08 based on the market value of the common stock on the date of authorization for total non-cash stock compensation expense of $177,778.

 

On November 7, 2013, the Company issued 3,000,000 shares of common stock for services. The shares were issued at $0.075 based on the market value of the common stock on the date of authorization for total non-cash expense of $225,000.

 

On December 1, 2013, the Company issued 500,000 shares of common stock for services. The shares were issued at $0.03 based on the market value of the common stock on the date of authorization for total non-cash expense of $15,050.

 

On December 9, 2013, the Company issued 1,000,000 shares of common stock to a Director for services. The shares were issued at $0.0398 based on the market value of the common stock on the date of authorization for total non-cash expense of $39,800, $16,124 of which was booked to stock compensation expense in 2013 with the remained expensed in 2014.

 

During the year ended December 31, 2013, the Company issued 3,266,667 shares of common stock for total cash proceeds of $62,000.

 

On January 2, 2014, the Company issued 3,500,000 shares of common stock for consulting services. The shares were issued at $0.028 based on the market value of the common stock on the date of authorization for total non-cash stock compensation expense of $98,000.

 

On January 11, 2014, the Company issued 5,350,000 shares of common stock to various employees and consultants. The shares were issued at $0.0383 based on the market value of the common stock on the date of authorization for total non-cash expense of $204,905.

 

On January 2, 2014 and February 13, 2014, the Company issued 250,000 shares of common stock to a member of the Board of Directors and 1,000,000 shares of common stock to its CEO for services rendered, respectively. The shares were issued at $028 and $0.04, respectively, based on the market value of the common stock on the date of authorization for total non-cash expense of $47,000.

 

On February 26, 2014, the Company issued 7,000,000 shares of common stock for services. The shares were issued at $0.052 and $0.052 based on the market value of the common stock on the date of authorization for total non-cash expense of $371,000.

 

On February 26, 2014, the Company issued 5,000,000 shares of common stock to GCEF Opportunity Fund, LLC. The shares were issued in conjunction with a convertible promissory note. The stock was valued at $0.052, the closing price on the date of the note for non-cash loan fee expense of $260,000.

 

On March 30, 2014, the Company issued 500,000 shares of common stock for services. The shares were issued at $0.03 based on the market value of the common stock on the date of authorization for total non-cash expense of $15,000.

 

On April 5, 2014, the Company issued 250,000 shares of common stock for services. The shares were issued at $0.0285 based on the market value of the common stock on the date of authorization for total non-cash expense of $7,125.

 

On June 19, 2014, the Company issued 1,000,000 shares of common stock. The shares were issued in conjunction with a convertible promissory note. The stock was valued at $0.051, the closing price on the date of the note for non-cash loan fess expense of $5,100.

 

Common stock issued for conversion of debt:

 

                Amount Converted
Date   Note Holder   Price   Shares Issued   Principal   Interest
01/21/14     Strategic IR   $ 0.00650       5,000,000     $ 32,500     $ —    
03/19/14     Strategic IR     $ 0.00650       5,000,000       32,500       —    
03/27/14     Third party invesor   $ 0.00667       1,593,240       10,000       622  
04/02/14     JMJ Financial   $ 0.01250       800,000       10,000       —    
04/24/14     JMJ Financial   $ 0.01050       1,500,000       15,750       —    
05/14/14     JMJ Financial   $ 0.01050       1,700,000       17,850       —    
05/30/14     Asher Enterprises   $ 0.00700       2,142,857       15,000       —    
06/09/14     Asher Enterprises   $ 0.00400       7,300,000       27,500       1,700  
06/13/14     JMJ Financial   $ 0.00250       4,000,000       10,000       —    
07/22/14     Asher Enterprises   $ 0.00290       5,172,414       15,000       —    
09/02/14     Asher Enterprises   $ 0.00150       12,533,333       17,500       1,300  
09/11/14     JMJ Financial   $ 0.00090       8,400,000       1,956       5,604  
09/16/14     Magna Equities (Hanover)   $ 0.00083       8,000,000       6,600       —    
09/17/14     Black Mountain   $ 0.00080       8,000,000       6,400       —    
09/19/14     Asher Enterprises   $ 0.00093       8,494,624       7,900       —    
09/22/14     Asher Enterprises   $ 0.00091       8,494,505       7,730       —    
09/22/14     JMJ Financial   $ 0.00084       8,900,000       6,413       1,063  
09/23/14     Asher Enterprises   $ 0.00091       8,494,505       7,730       —    
09/24/14     Asher Enterprises   $ 0.00091       8,494,505       7,730       —    
09/26/14     Asher Enterprises   $ 0.00083       8,433,735       6,410       590  
09/30/14     Asher Enterprises   $ 0.00075       1,213,333       —         910  
10/01/14     JMJ Financial   $ 0.00066       9,300,000       6,138       —    
10/09/14     Black Mountain   $ 0.00060       12,500,000       7,500       —    
10/14/14     JMJ Financial   $ 0.00036       14,000,000       5,040       —    
10/17/14     KBM Worldwide   $ 0.00037       12,459,459       4,610       —    
10/20/14     Black Mountain   $ 0.00024       12,000,000       2,880       —    
10/20/14     KBM Worldwide   $ 0.00033       12,454,545       4,110       —    
10/22/14     JMJ Financial   $ 0.00018       15,300,000       2,754       —    
10/23/14     KBM Worldwide   $ 0.00023       12,478,261       2,870       —    
10/24/14     KBM Worldwide   $ 0.00023       12,478,261       2,870       —    
10/27/14     KBM Worldwide   $ 0.00023       12,478,261       2,870       —    
10/29/14     JMJ Financial   $ 0.00018       19,900,000       1,877       1,705  
10/29/14     KBM Worldwide   $ 0.00015       12,466,667       1,870       —    
11/03/14     WHC Capital LLC   $ 0.00010       14,705,000       1,471       —    
11/04/14     JMJ Financial   $ 0.00012       21,500,000       1,619       961  
11/07/14     WHC Capital LLC   $ 0.00010       16,176,000       1,618       —    
11/28/14     KBM Worldwide   $ 0.00014       12,428,571       1,740       —    
12/01/14     KBM Worldwide   $ 0.00025       21,640,000       5,410       —    
12/02/14     Beaufort Capital   $ 0.00010       15,000,000       1,500       —    
12/02/14     Black Mountain   $ 0.00018       12,000,000       2,160       —    
12/02/14     Magna Equities (Hanover)   $ 0.00017       30,303,031       5,000       —    
12/03/14     KBM Worldwide   $ 0.00014       21,642,857       3,030       —    
12/08/14     JMJ Financial   $ 0.00012       29,000,000       3,480       —    
12/10/14     WHC Capital LLC   $ 0.00010       24,157,000       2,416       —    
12/15/14     KBM Worldwide   $ 0.00012       21,625,000       2,595       —    
12/16/14     Beaufort Capital   $ 0.00005       22,160,000       1,108       —    
12/18/14     KBM Worldwide   $ 0.00010       21,600,000       2,160       —    
12/22/14     LG Capital Funding LLC   $ 0.00005       28,781,800       1,435       4  
12/23/14     KBM Worldwide   $ 0.00010       21,600,000       2,160       —    
12/24/14     KBM Worldwide   $ 0.00010       21,600,000       2,160       —    
12/30/14     KBM Worldwide   $ 0.00008       21,625,000       1,730       —    
12/30/14     LG Capital Funding LLC   $ 0.00005       29,836,800       1,485       7  
                    688,863,564     $ 352,135     $ 14,466