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Capital Stock
6 Months Ended
Jun. 30, 2021
Stockholders' Equity Note [Abstract]  
CAPITAL STOCK

NOTE 10 - CAPITAL STOCK

 

Common Stock

The Company is authorized to issue 100,000,000 shares of common stock. All shares have equal voting rights and have one vote per share. Voting rights are not cumulative and, therefore, the holders of more than 50% of the common stock could, if they choose to do so, elect all of the directors of the Company.

 

During the six-month periods ended June 30, 2021 and 2020, the Company had no transactions relating to common stock.

 

Preferred Stock

The Company's Articles of Incorporation authorized 10,000,000 shares of $0.001 par value Preferred Stock available for issuance with such rights and preferences, including liquidation, dividend, conversion, and voting rights, as the Board of Directors may determine.