Equity Transactions

9 Months Ended

Mar. 31, 2018

Notes to Financial Statements

Note 6 - Equity Transactions

Shares Authorized

Upon formation, the total number of shares of all classes of stock which the Company is authorized to issue is Ninety Two Million (92,000,000) shares of Common Stock, par value $0.000001 per share, and Eight Million (8,000,000) shares of Preferred Stock, par value $0.000001 per share.

Common Stock

On March 31, 2014, upon formation, the Company issued an aggregate of 4,000,000 shares of the newly formed corporation’s common stock to its then Chief Executive Officer at the par value of $0.000001 per share or $4 for compensation.

From March 31, 2014 through June 30, 2014, the Company authorized the issuance of 1,740,000 shares of its common stock for cash at $0.02 per share for a total of $36,951.

In June 2014, the Company’s then president paid $14,000 in legal expenses for the Company which has been treated as a contribution to capital.

As of March 31, 2018 and June 30, 2017, the issued and outstanding common stock was 5,740,000 shares and 5,740,000 shares, respectively.