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COMMON STOCK
3 Months Ended
Aug. 31, 2015
COMMON STOCK  
COMMON STOCK

NOTE 5. COMMON STOCK

 

The Company is authorized to issue 100,000,000 shares of preferred stock with a par value of $.00001 per share. The Company is also authorized to issue 300,000,000 shares of common stock with a par value of $.00001 per share. On May 6, 2008, the Company effected a forward split of 35-for-1 share of common stock. On July 20, 2010, the Company issued 50,000 shares of common stock to investors at a price of $2 per unit for a total of $100,000. The Company had issued a total of 0.15 million shares of common stock to compensate its officers during the fiscal year of 2012. In order to seek alternative avenues for business development, potential business combinations and stock offerings, the shareholders of Viper Resource Inc. approved to a 1-for-100 reverse stock split and changed the name of the Company to Rambo Medical Group Inc. on August 8, 2013. There were 992,192 and 992,192 shares issued and outstanding as of August 31, 2015 and August 31, 2014 respectively.