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Preferred Share Capital Disclosure
3 Months Ended
Mar. 31, 2026
Notes  
Preferred Share Capital Disclosure

8. Preferred Share Capital

 

The Company is authorized to issue 20,000,000 shares of Preferred Stock with a par value of $0.001 and had 7,644,000 shares of Preferred Stock issued and outstanding as of March 31, 2026 and December 31, 2025. The Preferred Stock converts to common at a 1:1 ratio and has a “Leak Out Provision” that limits the shareholder from selling more than 12.5% of their shares per quarter.