More info May 6 May 9 May 26 Issued 600 shares of common stock to the promoter for assistance with issuance of the common stock. The promotional fee was $15,600. Debit Organization Expense. Issued 15,000 shares of common stock to Wanda Waters and 17,000 shares to Cara Cohen in return for cash equal to the stock's market value of $27 per share. The two women were partners in Cohen Rafts Co. Issued 1,400 shares of common stock for $21 cash per share. Print Done - X n were partners in Cohen Rafts, C