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NOTE 10 - SHAREHOLDERS' EQUITY
9 Months Ended
Jan. 31, 2013
Equity [Abstract]  
NOTE 10 - SHAREHOLDERS' EQUITY

NOTE 10 – SHAREHOLDERS’ EQUITY

 

Common Stock

 

The authorized common stock of the Company consists of 100,000,000 shares with a par value of $0.001. There were 2,000,000 shares of common stock issued and outstanding as of January 31, 2013.

 

Preferred Stock

 

The authorized preferred stock of the Company consists of 10,000,000 shares with a par value of $0.001. The Company has not issued any shares of Class A Convertible Preferred Stock as of January 31, 2013.

 

Pertinent Rights and Privileges

 

Preferred stockholders of Class A Convertible Preferred Stock do not have pre-emptive or preferential rights to subscribe to unissued stock or other securities. These stockholders do not have cumulative voting rights.