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STOCKHOLDER’S EQUITY
9 Months Ended
Mar. 31, 2022
Equity [Abstract]  
STOCKHOLDER’S EQUITY

NOTE 4 - STOCKHOLDER’S EQUITY

 

Effective June 22, 2021, the Company issued a total of 10,000,000 shares of common stock, $0.0001 par value per share, to entities owned and controlled by the Company’s two officers and directors. The shares were issued for $0.0006 per share, for a total of $6,000. The Company is authorized to issue 100,000,000 shares of common stock, par value $0.0001 per share, and 5,000,000 shares of preferred stock, par value $0.0001 per share. The Company has designated 1,000,000 shares of preferred stock as Series A Preferred Stock. Each share of Series A Preferred Stock is entitled to 1,000 votes on any matter submitted to the holders of common stock. The Series A Preferred Stock is not convertible and is not entitled to dividends.

 

As of March 31, 2022, there were 10,000,000 shares of common stock and no shares of preferred stock issued and outstanding. During the nine months ended March 31, 2022, the Company received $8,500 of capital contributions from its stockholders for working capital purposes.