US NUCLEAR CORP. - FORM 10-Q - XML - IDEA: XBRL DOCUMENT - July 16, 2012

NOTE 6.  SUBSEQUENT EVENTS

On April 18, 2012, the Company’s sole officer and director, Richard Chiang entered into a Share Purchase Agreement pursuant to which he sold an aggregate of 10,000,000 shares of his shares of the Registrant’s common stock to US Nuclear Corp at a purchase price of $30,000.

On April 18, 2012, the Company accepted the resignations of Richard Chiang as the Registrant’s President, Chief Executive Officer, Chief Financial Officer, Secretary and Chairman of the Board of Directors. These resignations are in connection with the consummation of the Share Purchase Agreement with US Nuclear Corp and was not the result of any disagreement with Registrant on any matter relating to Registrant's operations, policies or practices. Effective as of the same date, to fill the vacancies created by Richard Chiang’s resignations, the Registrant elected and appointed Robert I. Goldstein as President, Chief Executive Officer, and Chairman of the Board of Directors of the Registrant.

On May 18, 2012, the Company elected Richard Chiang as a director on the company’s Board of Directors.  He has retained an equity interest of 8.5% of the outstanding common shares of US Nuclear Corp. (f/k/a APEX 3 Inc) as a director.