Note 7 - Stockholder's Deficit

12 Months Ended

Dec. 31, 2015

Notes to Financial Statements

Stockholders' Equity Note Disclosure [Text Block]

NOTE 7 –

STOCKHOLDER’S DEFICIT

The Company is authorized to issue an unlimited number of common shares and an unlimited number of special voting shares.

On August 4, 2013, the company issued 75 shares of common stock for $75 cash. On December 18, 2013, the company issued 6,999,925 shares of common stock for $7 cash. As a result, there were 7,000,000 shares of common stock which are considered outstanding from inception. All shares of common stock were initially held by Creative. Creative distributed the shares of CEN common stock on a pro rata basis to the Creative shareholders on February 29, 2016 at which time CEN became an independent public company.

In addition, in December 2014 the Company’s President received 100,000 shares of preferred stock. Each share of the preferred stock is entitled to 500 votes. The special voting rights were scheduled to go in effect concurrent with the distribution, but Mr. Chaaban has waived these voting rights. These preferred shares were valued at $100 cash.