Note 5 - Equity

3 Months Ended

Mar. 31, 2019

Notes to Financial Statements

Stockholders' Equity Note Disclosure [Text Block]

NOTE

5

–

EQUITY

The Company is authorized to issue up to

10,000,000

shares of

$0.0001

par value preferred stock and

65,000,000

shares of

$0.0001par

value common stock.

The Company compensates its

four

directors with

2,000

shares of stock each month per director. For the

three

months ended

March 31, 2019,

48,000

shares with a fair value of

$48,000

were issued for stock compensation along with

60,000

shares previously accrued as of

December 31, 2018.

During the quarter ended

March 31, 2019,

the Company issued

60,000

shares of common stock with a fair value of

$60,000

for consulting services.

During

March 2019,

the Company sold

131,000

shares of common stock for

$1

per share in a private placement. These shares have

not

yet been issued. The shares are considered issued and outstanding as of

March 31, 2019

as the issuance of the shares is considered an administrative act.