Note 4 - Share Capital

12 Months Ended

Dec. 31, 2015

Notes

Note 4 - Share Capital

NOTE 4 – SHARE CAPITAL

The Company is authorized to issue 125,000,000 shares of common stock ($0.001 par value) and 10,000,000 shares of preferred stock ($0.001 par value) (see Note 10 – Subsequent Events). The Company issued 3,500,000 shares of its common stock to its incorporator (chief executive officer and president), for organization expense and services. These services and direct costs were valued at $3,500. Following its formation, the Company issued 1,000,000 shares of common stock to its incorporator, as consideration for the purchase of a development code, software and a business plan. The incorporator incurred approximately $1,000 in costs and other payments to develop this asset. The acquisition of the business plan along with developmental code and software was valued at $1,000.

The Company on June 26, 2015 completed its offering pursuant to a registration statement filed on Form S-1. The Company issued 4,500,000 shares of its common stock to 23 investors. The investors paid $0.01 per share for a combined investment of $45,000.

As part of a change of control transaction (see Note 1 – Organization) the Company’s founder forgave certain outstanding debts of the Company upon the sale of his shares. This transaction occurred on or about December 29, 2015.

At December 31, 2015 and August 31, 2015 there were 9,000,000 shares of common stock issued and outstanding.