Note 4. Common Stock
During the period ended March 31, 2010 Moving Box issued 4,500,000 shares of common stock (founder’s shares) valued at par value to the President and Director of the Company.
During the year ended March 31, 2011, we sold 2,000,000 shares of common stock to 31 non-U.S. investors at a price of $.02 per share for aggregate consideration of $40,000. The shares were issued September 1, 2010.
In transactions subsequent to December 31, 2011,4,500,000 shares of our common stock were returned to us and cancelled, 9,666,665 shares and warrants to purchase 333,333 shares were issued. (See Note 7)