Quarterly report pursuant to Section 13 or 15(d)

NOTE 8: SUBSEQUENT EVENTS

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NOTE 8: SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2013
Subsequent Events [Abstract]  
Subsequent Events [Text Block]
NOTE 8: SUBSEQUENT EVENTS

In July 2013, the Company issued 10,000 shares to a consultant for services rendered and 250,000 shares to another consultant in lieu of a monthly cash fee due under a consulting agreement (see Note 6).

In July 2013, the Company issued 1,000,000 shares to the Chief Executive Officer of the Company in connection with borrowings under a related party loan of $40,000.

In July 2013, the Company sold 12,000,000 shares of common stock at $0.0208 per share for total cash proceeds of $250,000.

In August 2013, the Company’s board of directors terminated the 2012 Stock Option Plan, returning the balance of 16,000,000 reserved shares underlying ungranted options to authorized capital.