Note 5 - Common Stock
During the fiscal period ending January 31, 2013, the Company received $12,700 for unissued 254,000 shares of stock. These shares are listed as a stock subscription until issued. These shares were issued April 30, 2013.
During the fiscal period ending April 30, 2013, the Company issued 4,306,000 shares for all shares that money was received and not issued. These amounts were listed as stock subscription.
During the three month fiscal period ending July 31, 2013, the Company received $87,000 cash and issued 1,740,000 shares of stock.
The number of common stock shares outstanding at October 31, 2013 was 47,076,523.
During the three month fiscal period ending January 31, 2014, the Company issued 7,700,000 as stock based compensation to key individuals. The value of these shares at time of issuance was $385,000.
During the three month fiscal period ending April 30, 2014, the Company issued 1,485,000 shares of stock and received $74,250 in cash. The Company also received $4,000 in cash but has not issued the shares as of April 30, 2014. This amount has been recorded as a stock subscription.
During the three month fiscal period ending July 31, 2014, the Company received $53,000 in cash but no shares have been issued by the end of the quarter. The Company has recorded this deposit as a stock subscription.
The number of common stock shares outstanding at July 31, 2014 was 58,540,808.
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