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Subsequent Events
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3 Months Ended |
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Mar. 31, 2013
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| Subsequent Events | |
| Note 10. Subsequent Events |
Subsequent to March 31, 2013, the Company received cash subscriptions of $291,000 for 145,500 shares at $2.00 per share. On May 1, 2013, the Company issued 208,000 shares for a total value of $416,000, in respect of both the foregoing subscriptions of $291,000 for 145,500 shares, and the subscriptions of $125,000 for 62,500 shares received prior to March 31, 2013 (see Note 7). |
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- Definition
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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- Details
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