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Stockholders Equity
6 Months Ended
Mar. 31, 2023
Stockholders Equity  
Stockholders' Equity

Note 5– Stockholders’ Equity

 

Shares Authorized

 

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.

Common Stock

 

On July 5, 2021 the Company sold 5,000,000 shares of common stock to the President of the Company at $0.001 per share for $5,000 in aggregate for cash.  By September 30, 2022 (year-end) the company sold 2,475,000 shares of common stock in addition to 5,000,000 common shares sold to the President of the Company.  

 

For the period October 1, 2022 to March 31, 2023, the Company sold 530,000 shares of Common Stock, par value $0.001 per share for the total aggregated price of $5,300 for cash. 

 

On March 31, 2023 100,000 shares were cancelled by one shareholder, resulting in $1,000 to be returned to the shareholder.

 

All shares were issued in accordance with the exemption from the registration provisions of the Securities Act of 1933, as amended, provided by Section 4(2) of such Act for issuances not involving any public offering and Rule 506 of Regulation D promulgated thereunder.

 

As of March 31, 2023 there were 7,905,000 total shares issued and outstanding.