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Equity Stock Transactions
 6 Months Ended
Feb. 29, 2012
Notes to Financial Statements  
Equity Stock Transactions

Note 4:  Equity Stock Transactions

 

During the six months ended February 29, 2012 the Company issued 39,910 shares of common stock for cash of $5,987.  The Company also received $1,500 for a subscription of common shares.  The 10,000 shares were issued subsequent to quarter end.

 

In February 2011, the board of directors and shareholders of the Company approved the increase in the authorized, no par common shares from 50,000,000 to 300,000,000 and approved the authorization of 5,000,000 shares of no par preferred stock.