STOCKHOLDERS' EQUITY

3 Months Ended

Mar. 31, 2019

Notes to Financial Statements

STOCKHOLDERS? EQUITY

NOTE 8 - STOCKHOLDERS’ EQUITY

The capitalization of the Company consists of the following classes of capital stock as of March 31, 2019:

Preferred Stock

The Company has authorized 15,000,000 shares of preferred stock with a par value of $0.0001 per share. The Board of Directors are authorized to divide the authorized shares of Preferred Stock into one or more series, each of which shall be so designated as to distinguish the shares thereof from the shares of all other series and classes. No shares of preferred stock have been issued.

Common Stock

The Company has authorized 1,000,000,000 shares of common stock with a par value of $0.0001 per share. Each common share entitles the holder to one vote, in person or proxy, on any matter on which action of the stockholders of the corporation is sought.

During the three months ended March 31, 2019, there were no issuances of common stock.

As at March 31, 2019 and December 31, 2018, the Company had 520,976,241 common shares issued and outstanding.

The Company has no stock option plan, warrants or other dilutive securities.