Stockholders Equity (Tables)

3 Months Ended

Sep. 30, 2013

Common Stock

The ECI issued the following shares of common stock from October 13, 2009 (Inception) through June 30, 2010:

Transaction Type		Quantity				Valuation
Services – related parties (1)			89,112			$	4,275

ECI issued the following shares of common stock for the year ended June 30, 2011:

Transaction Type		Quantity				Valuation
Cash – third parties			3,431			$	102,101

Of the shares sold for cash, $2,500 related to a subscription receivable, which ECI collected in fiscal 2012.

ECI issued the following shares of common stock for the year ended June 30, 2012:

Transaction Type	Quantity		Valuation
Cash – related party		68,788	$	950,000
Cash – third parties		111,595		2,867,705
Direct offering costs – third parties (2)		3,127		96,000
Services – related party (2)		1,668		60,000
Services – third parties (1)		5,836		182,199
Services – third parties (1)		261		6,449
		191,275	$	4,162,353

Of the shares sold for cash, $354,000 related to subscriptions receivable, which ECI collected subsequent to June 30, 2012.

	(1)	Valuation was based upon the average cash price paid by third parties ranging from $.30 to $.75 of pre-reverse split prices, for common stock of ECI during the 30 day period preceding the service performance, as ECI was not yet traded publicly this represented the best evidence of fair value.

	(2)	In 2012, $96,000 of these costs was paid in shares of common stock, resulting in a net adjustment to equity of $0. These shares were valued at $.64 of pre-reverse split prices.

ECI issued the following shares of common stock for the period July 1, 2012 to April 11, 2013:

	(1)	Commencing in December 2012, ECI issued shares and warrants as a unit under a private placement memorandum. Each unit had a $1 price and was comprised of 1 common share and 1 warrant to purchase 1 common share at $1. The purchase price was recorded at par for the common stock and additional paid-in capital was allocated between the prorated fair value of the common stock and the warrant. The warrants are exercisable through December 31, 2015.

	(2)	Valuation was based upon the average cash price paid by third parties for common stock during the 30-day period preceding the service performance, since the Company was not yet traded publicly; this represented the best evidence of fair value.

From July 1, 2013 through September 30, 2013 the Company issued the following shares of common stock:

Transaction Type	Quantity		Valuation
Exercise of warrants		1,252	$	60,000
Exchange for ECI common stock		2,048,015		0
Conversion of Series B Preferred stock		2,947,850		0
Services – third parties (1)		55,261		7,648
		5,052,378	$	67,648

eCareer Holdings, Inc. 10-Q