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Stockholders' Equity
9 Months Ended
Sep. 30, 2014
Equity [Abstract]  
Stockholders' Equity

6. STOCKHOLDERS’ EQUITY

 

Preferred Stock – The Company is authorized to issue 5,000,000 shares of $.0001 par value preferred stock. As of September 30, 2014, and December 31, 2013, no shares of preferred stock had been issued.

 

Common Stock - The Company is authorized to issue 100,000,000 shares of $.0001 par value common stock. As of September 30, 2014, and December 31, 2013, 436,000 and 10,000,000 shares were issued and outstanding respectively.

 

Upon formation of the Company on June 18, 2013, the Board of Directors issued 10,000,000 shares of common stock for $1,000 in services to the founding shareholder of the Company. In addition, the founding shareholder made a contribution of $3,050 to the Company for the period ended September 30, 2014, which are recorded as additional paid-in capital.

 

On September 22, 2014, the Company cancelled 9,600,000 shares of common stock for no consideration..

 

On September 23, 2014, the Company issued 6,000 shares of common stock to directors of the Company for services valued at $600 ($0.10 per share).

 

On September 23, 2014, the Company issued 30,000 shares of common stock for services to Tech Associates Inc., a company control by Richard Chiang, a director of the Company, valued at $3,000 ($0.10 per share).