Quarterly report pursuant to Section 13 or 15(d)

Note 5 - Stockholders' Deficit

v2.4.0.8
Note 5 - Stockholders' Deficit
6 Months Ended
Sep. 30, 2014
Equity [Abstract]  
Note 5 - Stockholders' Deficit

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.

 

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. The Company completed the sale of 2,580,000 shares of common stock at $0.0125 per share for total proceeds of $32,250 during the six months ended September 30, 2014.