NOTE 6- COMMON STOCK
In June 2012,
the Company issued 5,000,000 shares of common stock to individual investors at a price of $0.01 per share for aggregate proceeds
May 2012, the Companys CEO transferred 12,800,000 shares of the Companys common stock directly to a member of the
Companys board of directors as consideration for accepting the board position in May 2012. The Company has recorded stock-based
compensation of $128,000 based on the fair value of the common stock transferred, which was determined with reference to recent
sales of common stock in arms length transactions.