NOTE 5 - Ordinary Shares
On September 27, 2006, the Company was formed
with 859,375 shares of its restricted ordinary shares issued at par value of $0.000128 per share, for consideration of $110 to
its founding shareholders. The stock, along with a payable issued to a Founder of $2,482, were the basis of the funding of the
Companys formation costs. On December 21, 2008, the Company sold 138,900 shares of its restricted ordinary shares for $6,614.
The restricted ordinary shares were sold to approximately 450 offshore private investors pursuant to a Private Placement Offering
in lots of 300 shares each at approximately $0.05 per share. No underwriting discounts or commissions were paid with respect to
NOTE 6 - Preference Shares
The Company is authorized to issue 781,250
shares of preference shares with such designations, voting and other rights and preferences as may be determined from time to time
by the Board of Directors. At December 31, 2011, there were no preference shares issued or outstanding.