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Capital Stock Disclosure
12 Months Ended
Sep. 30, 2017
Notes  
Capital Stock Disclosure

NOTE 5 - CAPITAL STOCK

 

The Company is authorized to issue 75,000,000 common shares with a par value of $0.001 per share. No preferred shares have been authorized or issued. At both September 30, 2017 and 2016, 12,000,000 common shares are issued and outstanding.

 

On September 22, 2015, the Company issued 5,750,000 Founder’s shares at $0.001 per share (par value) for total cash of $5,750.

 

On September 22, 2015, the Company issued 2,250,000 shares for services provided since inception. These shares were issued at par value ($0.001 per share) for services valued at $2,250.

 

During the quarter ended June 30, 2016, the Company issued 4,000,000 shares to 27 shareholders at $0.01 per share for total cash of $40,000.

 

As of June 28, 2017, and prior to his resignation, the Company’s President released the liability owed to him in the amount of $22,840 as part of the Assignment of Rights and Assumption of Liabilities Agreement. This amount was added to the Equity Statement as Contributed Capital.

 

At September 30, 2017, there are no warrants or options outstanding to acquire any additional shares of common stock of the Company.