Quarterly report pursuant to Section 13 or 15(d)

Note 12 - Subsequent Events

v2.4.0.6
Note 12 - Subsequent Events
6 Months Ended
Jun. 30, 2012
Notes  
Note 12 - Subsequent Events

NOTE 12 - SUBSEQUENT EVENTS

 

 

Subsequent issuances of common stock:

 

In August 2012, the Company issued 300,000 shares of its common stock in connection with a $ 150,000 note issued in April, 2012.

 

Advertising agreement

 

Effective August 1, 2012, the Company amended its Advertising Agreement, dated February 1, 2011, subsequently amended on March 11, 2011 and December 31, 2011 to remit fifteen percent (15%) royalty on all gross revenue realized by the Company from medical procedures and counseling sessions related to the Company's Alcohol Recovery Program conducted in the Santa Ana corporate office or affiliated surgery centers and offices in the Los Angeles metropolitan area.