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Note 8 - Subsequent Events
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12 Months Ended |
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Aug. 31, 2012
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| Subsequent Events [Text Block] |
Note
8 – Subsequent Events
On September 5,
2012 the Company received an unsecured loan of $400, due on
demand, bearing interest at 8%, from a major shareholder, BK
Consulting, to fund operations.
On
October 25, 2012 the Company received an
unsecured loan of $200, due on demand, bearing interest at
8%, from a major shareholder, BK Consulting, to fund
operations.
On
October 31, 2012 the shareholders of the Company voted to
increase the authorized common shares of the
Company’s common stock from 480,000,000 authorized
shares of common stock to 580,000,000 authorized shares of
common stock. As a result of this vote, the
Company filed an amendment to its Articles of Incorporation
to reflect this change.
On
November 23, 2012, we effected a 1,000 for 1 reverse stock
split, decreasing the issued and outstanding shares common
shares from 60,200,000 to 60,200 shares and decreasing the
issued and outstanding preferred shares from 1,000,000 to
1,000. All share amounts throughout this report
have been retroactively adjusted for all periods to reflect
this stock split.
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