v3.8.0.1
Stockholders' Deficit
9 Months Ended
Sep. 30, 2017
Stockholders' Deficit [Abstract]  
STOCKHOLDERS' DEFICIT

NOTE 8 – STOCKHOLDERS’ DEFICIT

 

COMMON STOCK

 

For the nine months ended September 30, 2017, the Company sold 28,300,000 restricted shares of common stock at $0.01 per share for total proceeds of $283,000.

 

For the nine months ended September 30, 2017, the Company granted 1,264,400 restricted shares of common stock for business development services. The Company valued the shares based on the closing price of the Company common stock on those days during which such services were performed. This resulted in $24,024 of expense for the nine months ended September 30, 2017.

 

COMMON STOCK WARRANTS

 

The Company did not issue warrants for the nine months ended September 30, 2017 and 2016 and no warrants were exercised. Thirteen warrants, exercisable in the aggregate for a total of 4,150,000 shares of common stock, expired prior to exercise during the nine months ended September 30, 2016. As of September 30, 2017, there were no warrants outstanding.