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9. COMMON STOCK
6 Months Ended
Jun. 30, 2019
STOCKHOLDERS' DEFICIT  
COMMON STOCK

NOTE 9 – COMMON STOCK

 

In accordance with the Company’s bylaws, the Company has authorized a total of 3,000,000,000 shares of common stock, par value $0.01 per share. As of June 30, 2019 and December 31, 2018 respectively, there were 239,174,606 and 89,680,567 common shares issued and outstanding.

 

During the three months ended June 30, 2019, the Company issued 137,005,692 shares of common stock as settlement of convertible notes payable and interest in the total amount of $136,769.