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- STOCKHOLDERS' EQUITY
12 Months Ended
Jul. 31, 2020
- STOCKHOLDERS' EQUITY [Abstract]  
- STOCKHOLDERS' EQUITY

NOTE 4 - STOCKHOLDERS' EQUITY

 

Upon formation, the total number of shares of all classes of stock which the Company is authorized to issue is seventy-five million (75,000,000) shares of Common Stock, par value $0.001 per share.

 

On September 4, 2018, the Company issued 3,500,000 shares of common stock to its President and Incorporator, Mr. Olegas Tunevicius, at $0.001 per share, which reduced the note payable due to him by $3,500.

 

During July 2019 the Company issued 72,500 shares of common stock for cash proceeds of $1,450 at $0.02 per share.

 

During the year ended July 31, 2020, the Company issued 809,050 shares of common stock for cash proceeds of $16,181 at $0.02 per share.

 

There were 4,381,550 and 3,572,500 shares of common stock issued and outstanding as of July 31, 2020, and as of July 31, 2019.