EX-FILING FEES 3 ex107.htm

 

Exhibit 107

 

CALCULATION OF REGISTRATION FEE

 

Title of Each Class

of Securities to be Registered

 

Proposed Maximum

Amount to be

Registered(1)(4)

  

Proposed

Offering

Price per Share(2)

  

Proposed

Maximum

Aggregate

Offering Price

  

Amount of

Registration Fee(3)(4)

 
                 
Common Stock, Class B, par value $0.001   1000   $1.00   $1,000   $0.11 
Shares of Common Stock, par value $0.001, to be sold by the Company   500,000,000   $0.02   $10,000,000   $1,091.00 
Shares of Common Stock , par value $0.001, are held by Certain Selling Stockholders. (3)(5)   5,000,000   $0.02   $100,000   $10.91 
Total   505,001,000   $0.02   $10,101,000   $1,102.02 

 

(1) Estimated solely for the purpose of calculating the registration fee in accordance with Rule 457(a) under the Securities Act of 1933, as amended (the “Securities Act”) and based on the maximum amount of shares to be offered and includes 1,000 shares of our Class B and Ordinary Common Stock , 500,000,000 shares of our Common Stock to be sold by the Company, and up to 5,000,000 shares of our Common Stock to be sold by a selling stockholder the Company in the offering.
   
(2) Offering price per share of $0.02 was based on the average closing price of our common stock on the OTC Pink between January 1, 2023, through December 12, 2023.
   
(3) The fee is calculated by multiplying the aggregate offering amount by 0.00010910, pursuant to Section 6(b) of the Securities Act. Although the the filing Fee rate has been changed from $109.10 per million dollars to $147.60 per million dollars, effective October 01, 2023, we used the old calculation because the fees paid back in 2020 or thereabout was based on the then prevailing rate.
   
(4) We will not receive any of the proceeds from the sale of common stock by the Selling Security Holders.
   
(5) 5,000,000 shares are being offered by the Selling Stockholders and bear no relationship to assets, earnings, or any other valuation criteria. No assurance can be given that the shares offered hereby will have a market value or that they may be sold at this, or at any price.