XML 19 R9.htm IDEA: XBRL DOCUMENT v3.19.2
Note 3: Common Stock
6 Months Ended
Jun. 30, 2019
Equity [Abstract]  
Note 3: Common Stock

Note 3: Common Stock

 

The Company has authorized 430,000,000 shares of capital stock, consisting of 400,000,000 shares, par value $0.001 per share, of common stock, and 30,000,000 shares, par value $0.001 per share, of “blank check” preferred stock. The Company had 72,288,667 shares of common stock and no shares of preferred stock issued and outstanding as of June 30, 2019 and December 31, 2018.

 

As of June 30, 2019, NAHL, the Company’s principal shareholder, had not yet exercised its option to convert advances made by NAHL to the Company into shares of common stock. Accordingly, as of June 30, 2019, the advances remain as an interest-free loan to the Company. See Note 4.