Quarterly report pursuant to Section 13 or 15(d)

CAPITAL STOCK

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CAPITAL STOCK
3 Months Ended
Mar. 31, 2016
Debt Disclosure [Abstract]  
CAPITAL STOCK

NOTE 4 – CAPITAL STOCK

 

Authorized Stock

 

The Company has authorized 100,000,000 common shares with a par value of $0.0001 per share and 25,000,000 preferred shares with a par value of $0.0001 per preferred share.  Each common share entitles the holder to one vote, in person or proxy, on any matter on which action of the stockholder of the corporation is sought. The rights, preferences and restrictions of the preferred shares will be defined by the Company’s Board of Directors when and if the preferred shares are issued.

 

Forward Stock Split

 

In March 2016, the sole Director of the Company, by Written Consent, authorized the Company to execute a four-for-one forward stock split of its common shares. This action was subsequently approved by the Written Consent of shareholders who own a majority of the Company’s common stock. The Company has filed an application with the Financial Industry Regulatory Authority (“FINRA”) seeking approval for the forward stock split. As of the date of this report, the forward stock split has not been approved by FINRA.