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9. Subsequent Events
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3 Months Ended |
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Mar. 31, 2013
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| Subsequent Events [Text Block] |
9. Subsequent
Events
On
April 9, 2013, the Company entered into two independent stock
option agreements with two consultants whereby each
consultant would obtain the right and option to acquire up to
500,000 shares of common stock of the Company at $0.03 per
share until March 26, 2018. Each options becomes exercisable
upon the consultant entering into a contract for a full-time
employment position or equivalent role with the
Company.
On
May 1, 2013, the Company entered a stock option agreement
with a consultant to acquire up to 2,000,000 common shares of
the Company at $0.03 per share until April 30, 2018.
The
Company has evaluated subsequent events through the date the
consolidated financial statements were issued and filed with
SEC. The Company has determined that there are no other
events that warrant disclosure or recognition in the
consolidated financial statements.
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