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Stockholders Equity
3 Months Ended
Dec. 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 which Seventy-Five Million (75,000,000) shares shall be Common Stock, par value $0.001 per share.

 

Common Stock

 

For the period from October 1, 2022 to September 30, 2023, the Company has sold an additional 2,825,000 shares of common stock, par value of $0.001 per share, for the total aggregate proceeds of $28,250, at the selling price of $0.01 per share.

 

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.

 

For the year ended September 30, 2023, Company cancelled 180,000 shares for two shareholders.  Both cancellations were made in a voluntary manner driven by the shareholders’ requests. Cash payout for these share cancellations were completed with no further amounts due and outstanding.

 

As of December 31, 2023 there were 7,825,000 total shares issued and outstanding.