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CAPITAL STOCK DISCLOSURE
3 Months Ended
Dec. 31, 2019
Notes  
CAPITAL STOCK DISCLOSURE

NOTE 4 - CAPITAL STOCK

 

On December 26, 2019, the Company filed with the State of Nevada, a Certificate of Designation for its Series A preferred stock (the “Certificate”). The Certificate was effective on December 26, 2019. The Certificate establishes all of the rights of the holders of the Series A Preferred Stock (the “Series A”), as related to the Series A, including, but not limited to the lack of Series A conversion rights and voting rights, the six percent (6%) interest rights, and the liquidation preference (collectively, the “Rights”). On the same day, the Company also filed with State of Nevada, a Certificate of Change for increasing its authorized shares by 10,000,000 so that they consisted of 75,000,000 common stocks and 10,000,000 preferred stocks.

 

The Company is authorized to issue an aggregate of 10,000,000 and 75,000,000 preferred stock and common shares respectively, with a par value of $0.001 per share. As of December 31, 2019 and 2018, no preferred stocks and 12,000,000 common shares were issued and outstanding respectively.

 

At December 31, 2019 and 2018, there are no warrants or options outstanding to acquire any additional shares of common stock of the Company.