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OBLIGATION TO ISSUE COMMON STOCK
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3 Months Ended |
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Mar. 31, 2012
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| OBLIGATION TO ISSUE COMMON STOCK | |
| OBLIGATION TO ISSUE COMMON STOCK |
NOTE 5 – OBLIGATION TO ISSUE COMMON STOCK
At March 31, 2012, the Company is obligated to issue, an aggregate 1,595,320 shares of common stock to certain investors and Great Northern Reserve Partners, LLC, a former consultant. We have recorded a liability in the amount of $312,764, representing this obligation. |
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- Details
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- Definition
Disclosure of accounting policy for its capital stock transactions, including dividends and accumulated other comprehensive income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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