STOCKHOLDERS' EQUITY

3 Months Ended

Mar. 31, 2020

Stockholders' Equity Note [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

NOTE 8 – STOCKHOLDERS’ EQUITY

Preferred Stock

The Company is authorized to issue 10,000,000 shares of noncumulative, non-voting, nonconvertible preferred stock, $0.001 par value per share.

At March 31, 2020 and December 31, 2019, no shares of preferred stock were outstanding. 

Common Stock

The Company is authorized to issue 700,000,000 shares of common stock with a $0.001 par value per share. At March 31, 2020 and December 31, 2019, 175,638,549 and 175,513,549 shares were issued and outstanding, respectively.

2020

During the three months ended March 31, 2020, 125,000 shares were issued at a price of $0.01 per share to note holders as financing cost.

2019

During the three months ended March 31, 2019, there were no activities.