Annual report pursuant to Section 13 and 15(d)

Note 5

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Note 5
12 Months Ended
Mar. 31, 2014
Equity [Abstract]  
Note 5

Note 5 – Stockholders’ Equity

 

Shares authorized

 

Upon formation the total number of shares of all classes of stock which the Company is authorized to issue is seventy-five million (75,000,000) shares of common stock, par value $0.001 per share.

 

Common stock

 

On September 30, 2013, the Company sold 4,000,000 shares of its common stock at par to its directors for $4,000 in cash.

 

Common stock subscription

 

During the year ended March 31, 2014, the Company’s Registration Statement on the Form S-1 filed with the Securities and Exchange Commission was declared effective. As at March 31, 2014 the Company received $3,000 in common stock subscription funds. This offering was closed subsequent to the year end. Subsequent to year end, the Company completed the sale of 2,580,000 shares of common stock at $0.0125 per share for total proceeds of $32,250.