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5. Prior Period Adjustments
9 Months Ended
Sep. 30, 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       9,920,254  
Common stock   $ 98,850     $ (98,751 )   $ 99  
Additional paid-in capital   $ 1,914,491     $ 98,751     $ 2,013,242