Quarterly report pursuant to Section 13 or 15(d)

I. CAPITAL STOCK

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I. CAPITAL STOCK
3 Months Ended
Mar. 31, 2015
Stockholders' Equity Note [Abstract]  
NOTE I - CAPITAL STOCK

The Company has authorized 15,000,000 shares of preferred stock (designated and undesignated), with a par value of $.001 per share. The Company has designated 215 shares as Series A preferred stock and 538 shares as Series B preferred stock. At both March 31, 2015 and December 31, 2014, there were 185 shares of Series A and 55 shares of Series B outstanding.

 

The Company has authorized 190,000,000 shares of common stock with a par value of $.001 per share. As of both March 31, 2015 and December 31, 2014 the Company had 125,035,612 common shares issued and outstanding.