Note 10 - Subsequent Events
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6 Months Ended |
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Jun. 30, 2014
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Notes | |
Note 10 - Subsequent Events |
NOTE 10 SUBSEQUENT EVENTS
Effective July 23, 2014 the company name was changed to EnergyTek Corp.
Effective July 23, 2014 the total number of authorized shares of common stock from Two Hundred Fifty Million (250,000,000) to Five Hundred Million (500,000,000).
Effective July 23, 2014 a 1-for-150 reverse stock split of the issued and outstanding shares of Common Stock, such that each One Hundred Fifty (150) shares of Common Stock, $0.001 par value, issued and outstanding immediately prior to the effective date (the Old Common Stock) shall be recombined, reclassified and changed into One (1) share of the corporation's Common Stock, $0.001 par value (the New Common Stock), with any fractional interest rounded up to the nearest whole share (the Reverse Stock Split). This will be reflected in our September 30, 2014 financial statements. |
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- Definition
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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