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COMMON STOCK TRANSACTIONS
6 Months Ended
Jun. 30, 2011
COMMON STOCK TRANSACTIONS
NOTE 9
COMMON STOCK TRANSACTIONS

In June 2010 the Company issued 11,556,835 shares of common stock in exchange for certain intangible assets as part of an Asset Purchase Agreement.

In June and July of 2010 the Company sold 3,928,572 shares of common stock for $0.028 for total proceeds of $110,000. The stock was purchased as part of the agreement with the above mentioned Asset Purchase Agreement.

On December 31, 2010, the Company sold 500,000 shares of common stock for $0.05 for proceeds of $25,000.

On December 31, 2010, the Company issued 40,468,000 shares of common stock in conversion of $202,340 of accrued salary. Shares were valued at $0.005, which approximated the market value of the shares on the day of exchange.