STOCKHOLDER'S EQUITY

9 Months Ended

Sep. 30, 2019

STOCKHOLDER'S EQUITY

STOCKHOLDER'S EQUITY

Preferred Stock

The Company has authorized 10,000,000 preferred shares with a par value of $0.002 per share. The Board of Directors are authorized to divide the authorized shares of Preferred Stock into one or more series, each of which shall be so designated as to distinguish the shares thereof from the shares of all other series and classes. No shares of preferred stock have been issued.

Common Stock

The Company has authorized 190,000,000 common shares with a par value of $0.002 per share. Each common share entitles the holder to one vote, in person or proxy, on any matter on which action of the stockholders of the corporation is sought.

As of September 30, 2019, and December 31, 2018, the Company has 45,300,000 shares of common stock issued and outstanding.