STOCK TRANSACTIONS |
3 Months Ended |
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Mar. 31, 2016 | |
Stockholders' Equity Note [Abstract] | |
STOCK TRANSACTIONS |
NOTE 8 stock transactionS
The Company has previously filed a registration statement on Form S-1 under the Securities Act that was declared effective on October 30, 2015 (the Form S-1). Pursuant to the Form S-1, the Company proposed to offer 10,000,000 shares of its authorized but unissued common stock at an offering price of $0.50 per share (Primary Offering). Effective as of January 21, 2016, the Companys board of directors determined that it was in the best interests of the Company to terminate the Primary Offering and declared the Primary Offering to be terminated immediately as of that date as permitted under the terms of the Primary Offering described in the Form S-1. As of the date of the termination, no shares of the Companys common stock had been offered or sold under the terms of the Primary Offering. |
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- References No definition available.
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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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