NOTE 4 −
As of September 30,
2012, the Company is authorized to issue 10,000,000 shares of Preferred Stock, par value of $0.0001 per share of which 4,500,000
shares of Series A convertible preferred stock was issued and outstanding.
Series A Convertible Preferred Stock
On September 24, 2012, the Companys
Board designated 4,500,000 shares of Preferred Stock as Series A Convertible Preferred Stock and filed a Certificate of Designations
with the Secretary of State of the State of Nevada.
On September 25,
2012, the Company sold an aggregate of 4,500,000 shares of Series A Convertible Preferred Stock to one individual for $0.0001
per share thereby generating proceeds of $450.00. The Company sold these securities under Section 4(2) of the Securities Act of
1933, as amended (the Securities Act), since the sale by did not involve a public offering of securities. The offering
was not a public offering as defined in Section 4(2) due to the insubstantial number of persons involved in the
deal, size of the offering, manner of the offering and number of securities offered. The Company did not undertake an offering
in which it sold a high number of securities to a high number of investors. In addition, the investor represented that he had
the necessary investment intent as required by Section 4(2) and agreed to and received share certificates bearing a legend stating
that such securities are restricted pursuant to Rule 144 of the Securities Act. This restriction ensures that these securities
would not be immediately redistributed into the market and therefore not be part of a public offering. Based on
an analysis of the above factors, the Company has met the requirements to qualify for exemption under Section 4(2) of the Securities
Act for this transaction.