OBLIGATION TO ISSUE COMMON STOCK
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12 Months Ended |
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Dec. 31, 2012
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OBLIGATION TO ISSUE COMMON STOCK | |
OBLIGATION TO ISSUE COMMON STOCK |
NOTE 9 OBLIGATION TO ISSUE COMMON STOCK
As of December 31, 2011, the Company was obligated to issue, an aggregate 1,595,320 shares of common stock valued at $307,664 to certain investors and Great Northern Reserve Partners, LLC, a former consultant (Andrew Dahl, CEO of the Company, was principal partner of Great Northern and Reserve Partners).
During the year ended December 31, 2012, the Company became obligated to issue an additional 145,378 shares valued at $29,814 to certain investors.
As of December 31, 2012, the total amount of shares to be issued was 1,740,698 shares at a total value of $337,478. |
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- Details
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- Definition
The entire disclosure for the Obligation to Issue Common Stock of the entity during the period. No definition available.
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