Common Stock	9 Months Ended
Sep. 30, 2011
Common Stock
Common Stock	6. Common Stock a) On March 22, 2011, the Company issued 30,000,000 common shares to the President of the Company for management fees valued at $7,500,000, based on the market value of the stock on the date of issuance. b) On July 6, 2011, the Company issued 1,000,000 shares to a non-related party to acquire the intellectual property valued at $120,000, based on the market value of the stock on the date of issuance. c) On July 22, 2011, the Company issued 500,000 common shares to settle legal fees of $79,000 valued at $350,000, based on the market value of the stock on the date of issuance. This results in a loss on settlement of accounts payable of $271,000. d) On August 22, 2011, the Company issued 300,000 common shares to a non-related party for consulting fees valued at $60,000, based on the market value of the stock on the date of issuance. e) On September 2, 2011, the Company issued 200,000 common shares to the former Director of the Company for management fees valued at $44,000, based on the market value of the stock on the date of issuance. f) As of September 30, 2011, the Company had $180,000 in common shares issuable for 1,500,000 shares issuable to non-related parties for the acquisition of intangible assets. These shares were based on the market value of the stock on the date of issuance.

Common Stock

9 Months Ended

Sep. 30, 2011

6. Common Stock

a) On March 22, 2011, the Company issued 30,000,000 common shares to the President of the Company for management fees valued at $7,500,000, based on the market value of the stock on the date of issuance.

b) On July 6, 2011, the Company issued 1,000,000 shares to a non-related party to acquire the intellectual property valued at $120,000, based on the market value of the stock on the date of issuance.

c) On July 22, 2011, the Company issued 500,000 common shares to settle legal fees of $79,000 valued at $350,000, based on the market value of the stock on the date of issuance. This results in a loss on settlement of accounts payable of $271,000.

d) On August 22, 2011, the Company issued 300,000 common shares to a non-related party for consulting fees valued at $60,000, based on the market value of the stock on the date of issuance.

e) On September 2, 2011, the Company issued 200,000 common shares to the former Director of the Company for management fees valued at $44,000, based on the market value of the stock on the date of issuance.

f) As of September 30, 2011, the Company had $180,000 in common shares issuable for 1,500,000 shares issuable to non-related parties for the acquisition of intangible assets. These shares were based on the market value of the stock on the date of issuance.

- Definition

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

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+ Details

DIGAGOGO VENTURES CORP 10-Q/A