Stockholders Equity

9 Months Ended

Sep. 30, 2024

Stockholders Equity

Stockholders' Equity

8. Stockholders’ Equity

Preferred Stock

As of September 30, 2024, and December 31, 2023, we were authorized to issue a total 1,000,000 shares of preferred stock. There were no shares of Preferred Stock issued or outstanding as of September 30, 2024, and December 31, 2023.

Common Stock

As of September 30, 2024, and December 31, 2023, we were authorized to issue a total of 125,000,000 shares of common stock. As of September 30, 2024, and December 31, 2023, there were 34,505,520 shares of common stock issued and outstanding, respectively.

During the three and nine months ended September 30, 2024 and 2023, the Company did not issue any shares of common stock.

Dividends

During the three and nine months ended September 30, 2024 and 2023, there were no dividends declared or paid.

Common Stock Options

During the three and nine months ended September 30, 2024 and 2023, there were no stock options exercised or issued.

A 2018 Equity Incentive Plan consisting of four million (4,000,000) shares of Common Stock was adopted by written consent of holders of 85% of the voting securities. No options or shares have been issued under this plan as of September 30, 2024, and December 31, 2023.