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5. Prior Period Adjustments
3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Prior Period Adjustments

NOTE 5 – PRIOR PERIOD ADJUSTMENTS

 

As indicated in Note 4, On January 28, 2019, the Board approved and filed the amendment for a reverse common stock split at a ratio of 1,000:1. The par value of the common shares remains at $0.00001 per share. For comparative financial statements, we have adjusted the prior period presentation in equity section on the balance sheet and statement of shareholders’ deficits. The following illustrates the presentations before and after the adjustments:

 

   Before   Adjustments   Adjusted 
             
Shares issued and outstanding   9,885,028,189    1,000 : 1 split    9,885,028 
Common stock   98,850    (98,751)   99 
Additional paid-in capital   1,914,491    98,751    2,013,242