Quarterly report pursuant to Section 13 or 15(d)

SUBSEQUENT EVENTS

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SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2017
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS
10. SUBSEQUENT EVENTS

 

The Company has evaluated events and transactions that occurred from June 30, 2017 through the date of filing, for possible disclosure and recognition in the financial statements. See discussed below material subsequent events that impact its financial statements or disclosures.

 

On July 14, 2017, in accordance with the terms of a Securities Purchase Agreement, the Company issued 668,201 shares to an investor upon conversion of a note payable held by the investor for $50,000 including accrued interest of approximately $115. The cost basis for the shares issued was $0.075.