trender18
1 month ago
Increase in authorized shares: ARTICLE V
Capital Stock
Section 5.1. Authorized Capital Stock. The aggregate number of shares of capital stock (βSharesβ) which the Corporation shall have the authority to issue is one billion fifty million (1,050,000,000) shares, consisting of (a) one billion (1,000,000,000) shares of common stock, par value $0.001 per share (the βCommon Stockβ), and (b) fifty million (50,000,000) shares of preferred stock, par value $0.001 per share (the βPreferred Stockβ)
trender18
5 months ago
UNREGISTERED SALES OF EQUITY SECURITIES.
On May 7, 2024, the registrant issued 23,976,000 shares of its common stock to its CEO. The shares were
issued as a result of a company controlled by the CEO exercising its right to convert a convertible promissory note
in the principal amount of $117,593 into shares of common stock at a price of $.005 per share. The total amount of
the note with the accord interest was $119,980.
On the same date the registrant issued 300,000 shares of its common stock to John L. Thomas, Esq, as
partial payment for legal services and 150,000 shares to Yongqing Raun, CPA, as partial payment for accounting
services. The shares issued to Messrs. Thomas and Raun may not be publicly sold for a period of one year. The price
of the stock was $.005 per share.
The registrant relied on Section 4 (a) 2 of the Securities Act of 1933, as amended in connection with the
issuance of the securities as all investors are knowledgeable about the business of the registrant and are able to bear
the economic risk of the investment.