SHARE CAPITAL

9 Months Ended

Sep. 30, 2017

Stockholders' Equity Note [Abstract]

SHARE CAPITAL

NOTE 8 – SHARE CAPITAL

Preferred Stock

The Company has 1,000,000 authorized preferred shares at $0.001 par value.

There were no shares of preferred stock issued and outstanding as of September 30, 2017.

Common Stock

On February 7, 2017, the Company issued 10,000 restricted common shares valued at $0.63 per share for the acquisition of a trademark from an unaffiliated party

In March 2017, the Company completed and closed its second registered public offering of 1,000,000 common shares issued at $0.75 for cash proceeds of $750,000.

In August 2017, the Company issued 250,000 restricted common shares at $1.00 for cash proceeds of $250,000.

During the nine months ended September 30, 2017, the Company issued 233,000 restricted common shares valued at $251,360 to consultants to assist in managing its locations, locating expansion of restaurants and promoting the new restaurant locations.

During the nine months ended September 30, 2017, the Company issued 8,000 restricted common shares valued at $12,640 to a coffee company for exclusive distribution and royalty rights to expand new coffee product line in its restaurant locations.

During the nine months September 30, 2017, the Company issued 306,250 restricted common shares valued at $398,750 to repay certain notes payable assumed from the net assets acquisition. A loss on debt settlement of $266,250 was incurred related to the repayment of the notes payable.

There were 8,392,583 shares of common stock issued and outstanding as of September 30, 2017.