NOTE 4. EQUITY |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stockholders' Equity Note [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stockholders' Equity Note Disclosure [Text Block] |
NOTE 4. EQUITY
Stock based compensation of $33,778 was recorded related to shares issued to David N. Baker, former CEO and Director of the Company, during the three months ended March 31, 2015.
The Company received 400,000 shares from David N. Baker upon his resignation and cancelled the certificates with its transfer agent.
Preferred Stock – 1,000,000 shares authorized, none issued or outstanding.
Common Stock - no new shares were issued in the first quarter of 2015
Summary information regarding common stock warrants issued and outstanding as of March 31, 2015, is as follows:
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