The Company issued the following shares of common stock from inception July 26, 2010 through June 30, 2011:
Transaction type |
|
Quantity of Shares |
|
|
Valuation |
|
|
Value per share |
|
Cash- related parties |
|
|
2,550,000 |
|
|
$ |
3,000 |
|
|
$ |
0.001 |
|
Cash- third parties |
|
|
776,000 |
|
|
|
38,800 |
|
|
|
0.050 |
|
Services- related parties (1) |
|
|
10,000 |
|
|
|
500 |
|
|
|
0.050 |
|
Services - third parties (2) |
|
|
10,000 |
|
|
|
500 |
|
|
|
0.050 |
|
Intellectual property - related party (3) |
|
|
490,000 |
|
|
|
24,500 |
|
|
|
0.050 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,836.0000 |
|
|
$ |
67,300 |
|
|
$ |
0.001-0.05 |
|
The Company issued the following shares of common stock for the year ended July 31, 2012:
Transaction type |
|
Quantity of Shares |
|
|
Valuation |
|
|
Value per share |
|
Cash- related parties |
|
|
131,250 |
|
|
$ |
10,500 |
|
|
$ |
0.08 |
|
Services - third parties (2) |
|
|
90,000 |
|
|
|
4,500 |
|
|
|
0.050 |
|
Services- related party (4) |
|
|
43,750 |
|
|
|
3,500 |
|
|
|
0.080 |
|
|
|
|
185,000 |
|
|
$ |
18,500 |
|
|
$ |
0.05 - $0.08 |
|
|
(1) |
Valuation based upon cash offering price paid by founders on same date. |
|
(2) |
Valuation based upon recent cash offering price since Company was not yet publicly traded. |
|
(3) |
The Company issued these shares of common stock, to its President and Director, for the acquisition of certain intellectual property (“IP”). |
|
(4) |
Stock was issued to an affiliate of the Company’s Chief Executive Officer. Valuation based upon services rendered, which represented the best evidence of fair value. |
|