XML 19 R10.htm IDEA: XBRL DOCUMENT v3.21.2
CAPITAL STOCK
6 Months Ended
May 31, 2021
Stockholders' Equity Note [Abstract]  
Stockholders' Equity Note Disclosure [Text Block]

NOTE 4 – CAPITAL STOCK

 

On February 12, 2021, the Company’s Board of Directors approved a change to the Company’s Articles of Incorporation increasing the number of shares of common stock authorized from 75,000,000 to 490,000,000. Also on February 12, 2021, the Company’s Board of Directors approved a 3-for-1 forward split of the Company’s common stock outstanding. The Company had 33,328,500 shares of common stock outstanding immediately before the Forward Split, and 99,985,500 shares of common stock outstanding immediately after the Forward Split, an increase of 66,657,000 shares.

 

Common Stock

 

The Company had 99,985,500 shares of common stock, par value $0.001, outstanding at May 31, 2021 and November 30, 2020.

 

Preferred Stock

 

The Company had 100,000 shares of Series A Preferred Stock, par value $0.001, outstanding at May 31, 2021 and November 30, 2020. Each share of the Series A Preferred Stock is convertible into 20 shares of the Company’s common stock.