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EQUITY
3 Months Ended
Mar. 31, 2013
Stockholders' Equity Note [Abstract]  
Stockholders' Equity Note Disclosure [Text Block]
NOTE 3 EQUITY

 

Preferred Stock

 

The Company is authorized to issue 100,000,000 shares of $0.00001 par value preferred stock. No shares have been issued, and the rights and privileges of this class of stock have not been defined.

 

Common Stock

 

During the three months ended March 31, 2013, the Company raised $2,997,500 in a private placement of shares at $1.00 per share. Costs associated with this raise totaled $297,450.