XML 30 R19.htm IDEA: XBRL DOCUMENT v3.5.0.2
13. SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2016
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

Subsequent to June 30, 2016, pursuant to a private placement, the Company issued to one shareholder a total of 100,000 shares of common stock for cash with a per share price of $0.15 per share or $15,000.

 

In July 2016, the Company entered into a consulting agreement for investor relations services. The agreement calls for two payments each consisting of 500,000 shares of the Company’s common stock. The first payment is due 30 days after the agreement was signed. The second payment is due October 18, 2016. The company can cancel the agreement at any time prior to and including either payment date and not be obligated for any payment or fee not yet due. Each payment is deemed to be fully earned as of the day such payment is required and as such, the Company will record the value of each payment as an expense on the day of such issuance.