Quarterly report pursuant to Section 13 or 15(d)

8. Stockholders' Equity

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8. Stockholders' Equity
 6 Months Ended
Jun. 30, 2018
Equity [Abstract]  
Stockholders' Equity

Note 8 – 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

 

During the six months ended June 30, 2018, the Company had the following transactions in its common stock:

 

· issued 5,755,927 shares through private placement at $1.75 per share.
· issued 313,686 shares for conversion debt rendered valued at $548,949 or $1.75 per share.

 

As of June 30, 2018 the Company had 40,644,319 shares of common stock issued and outstanding.