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Subsequent Events
9 Months Ended
Sep. 30, 2023
Subsequent Events  
Subsequent Events

Note 8: Subsequent Events

 

The Company changed its name to Stem Cell Inc. to better reflect its new business focus that gears towards stem cell based biotechnology and was approved by the Nevada Secretary of State on October 10, 2023.

 

As of October 10, 2023, the Company has transitioned into a new business plan focused on commercializing stem cell based technology in the biotechnology sector witha specialty focus in regenerative medicine and discontinued all business activities related to mining royalties.

 

On October 18, 2023, the Company entered into an agreement with Auto Stem Laboratories Limited to acquire an intellectual property asset for a stock consideration of two million shares of its common stock at $1 per share.