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Last Trade
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Last Trade:
$1.60
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Change:
0.25 (18.52%)
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Trade Time:
Feb 09
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Market Cap:
$46.60M
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Description of Business
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Kayenta Kreations, Inc. (the "Company") was incorporated under the laws
of the State of Nevada on December 26, 1995. In connection with its
organization, the President and founders of the Company contributed $8,000
cash to initially capitalize the Company in exchange for 800,000 shares of
Common Stock.
The Company then registered a public offering of its securities to raise
funds from such offering with which to commence business operations. The
Company filed with the Securities and Exchange Commission a registration
statement on Form SB-2, Commission File No. 333-4066, which became effective
October 21, 1996. Pursuant thereto the Company sold 218,900 shares of its
common stock to the public at $.25 per share and raised gross proceeds of
$54,725.
The offering was completed in February, 1997. The Company then used the
net proceeds from this offering to provide the working capital necessary to
commence business operations.
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