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STOCKHOLDERS EQUITY
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6 Months Ended |
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Jun. 30, 2014
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| Equity [Abstract] | |
| STOCKHOLDERS EQUITY |
We had 65,000,000 shares of $.001 par value common stock and 10,000,000 shares of $.001 par value preferred stock authorized as of June 30, 2014.
In February 2014, an independent contractor (the “Contractor”) was granted 150,000 shares of the Company’s restricted common stock. Of this amount, 75,000 vested and transferred immediately, with the remaining 75,000 vesting in equal installments through (and transferring on) January 1, 2015.
In March 2014, Norm DesRosiers, Director, was granted 100,000 shares of the Company’s restricted common stock as condition of his Board of Directors Director Service Agreement. The restricted stock grant vested immediately.
In April 2014, William A. Zender was appointed to serve as a member of our Board of Directors effective May 1, 2014. As a condition of his Board of Directors Director Service Agreement, Mr. Zender was granted 75,000 shares of our restricted common stock which vested immediately.
There were 38,560,591 common shares and no preferred shares issued and outstanding at June 30, 2014. |
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- Details
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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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