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Stockholders’ Deficit
9 Months Ended
Sep. 30, 2024
Equity [Abstract]  
Stockholders’ Deficit

Note 4 – Stockholders’ Deficit

 

The Company has 250,000,000 common stock authorized and has 154,312,024 shares issued and outstanding at September 30, 2024.

 

In November 2023, the Company entered into subscription agreements with investors to issue 10,000,000 shares of common stock at $0.10 per share. The Company issued the shares but only received $500,000 in funds. During the nine months ended September 30, 2024, The Company received an additional $713,336 in funds related to the subscription agreement and accordingly, recorded the receipt of funds in additional paid-in capital.

 

On January 29, 2024, the Company executed a 4-for-1 forward stock split. As a result of the forward stock split, every one share of issued and outstanding common stock will be automatically split into four issued and outstanding shares of common stock, without any change in the par value per share. No fractional shares will be issued as a result of the Forward Stock Split. These financial statements have been retrospectively adjusted to reflect the effects of the stock split.