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Note 5 Stock
6 Months Ended
Jun. 30, 2015
Notes  
Note 5 Stock

Note 5 Stockholders’ Deficit

 

During the quarter ended June 30, 2015, the Company did not issue any shares of common stock. As a result, the total shares outstanding as of June 30, 2015 remained at 328,851,197.

 

On March 25, 2014, Novation Holdings, Inc., an unrelated party, agreed to purchase 1,000,000 shares of voting preferred stock for $15,000.  The preferred shares will have voting power equal to 51 percent of the total combined voting power of all classes of stock entitled to vote on any matter.  The issuance of the shares was approved by the Board of Directors. The preferred shares have not been issued as the total purchase price has not been paid in full as of June 30, 2015.