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10-Q - FOR THE QUARTERLY PERIOD ENDED: SEPTEMBER 30, 2012 - POWIN CORPj111412010q.htm
EX-32.1 - EXHIBIT 32.1 - POWIN CORPex32_1.htm
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EX-31.1 - EXHIBIT 31.1 - POWIN CORPex31_1.htm
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v2.4.0.6
Capital Stock
9 Months Ended
Sep. 30, 2012
Capital Stock [Abstract]  
Capital Stock
Note 6: Capital Stock

In September 2012, the Company issued 15,000 shares of Common Stock to its Board of Directors for their services on the board at $0.35 per share recognizing an expense of $5,250 which is reflected in Stockholders' Equity and Additional Paid in Capital. Each director received 5,000 shares of Common Stock for an aggregate of 15,000 shares of Common Stock issued.

In June 2012, the Company granted 20,000 common shares to its Board of Directors for their services on the board, with an expense of $11,800 to the Company.

In March 2012, the Company granted 20,000 common shares to its Board of Directors for their services on the board, with an expense of $8,800 to the Company.
In April 2011, the Company issued 25,000 shares of Common stock to compensate a consulting firm for its work, with an expense of $9,500 to the Company.

In June 2011, the Company issued 21,667 Common shares to its Board of Directors for their services on the board, with an expense of $38,784 to the Company.

In June 2011, the Company declared preferred stock dividends. The Company accrued a total of 349 dividends in preferred shares and booked $34,900 increase in Preferred stock. The dividends were issued in July 2011.