NOTE 7. SUBSEQUENT EVENTS
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9 Months Ended |
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Sep. 30, 2012
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Subsequent Events [Text Block] |
NOTE
7. SUBSEQUENT EVENTS
In
October 2012 the Company purchased 20,000 shares from an
unrelated party for $5,000.
In
November 2012 the Company and Kingman Operating Company, Inc,
a related party, amended their agreement relating to the 300
acre lease such that the Company issued Kingman 400,000
shares of its restricted common stock, valued at $280,000,
for the option to acquire the lease at any time on or before
January 31, 2012 for $920,000.
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