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STOCKHOLDERS' EQUITY
6 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
NOTE 5 - STOCKHOLDERS' EQUITY

1,616,667 common shares were issued for $160,803 in cash during the six months ended March 31, 2018, resulting in an increase to Common Stock of $16 and Additional Paid-in Capital of $160,787.

 

8,200,000 shares of common stock were issued for services provided by members of board of directors and associated parties; which resulted in an increase of Common Stock of $82 and Additional Paid-in Capital of $1,286,166.

 

208,252 shares of common stock were issued to Vanguard shareholders who held all of the shares of the company prior to the acquisition in July 2017 of Solar Quartz Technologies Limited in order to adjust their respective holdings to reflect the terms of the acquisition agreement. This resulted in an increase in common stock of $2 and a reduction in Additional Paid-in Capital of $2.