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Note: 5. Common Stock
12 Months Ended
Dec. 31, 2016
Notes  
Note: 5. Common Stock

NOTE: 5. Common Stock

 

At December 31, 2016 and December 31, 2015, the Company had issued 148,900 shares and nil shares respectively.

 

Shares issued during the year ended December 31, 2016 were valued at $0.23 a share in exchange for the extinguishment of debt in the amount of $74,450, resulting in a gain on settlement of debt of $40,203, an amount comprised of principal and accrued interest on a loan from 2008.