Capital Stock
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6 Months Ended |
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Jun. 30, 2011
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Notes to Financial Statements | |
Capital Stock |
NOTE D -- CAPITAL STOCK
Preferred Stock
The Company has 10,000,000 shares of $0.0001 par value preferred stock authorized. No preferred shares have been issued.
Common Stock
The Company is authorized to issue up to 190,000,000 shares of common stock at $0.0001 par value per share ("Common Stock"). As of June 30, 2011 and as of the date of this filing, the Company has 7,000,000 shares of Common Stock issued and outstanding.
During January and February 2011, the Company issued an aggregate of 980,000 shares of its Common Stock for an aggregate purchase price of $29,400 or $0.03 per share.
During December 2010, the Company issued an aggregate of 1,020,000 shares of its Common Stock for an aggregate purchase price of $30,600 or $0.03 per share. Also during December 2010, the Company issued 5,000,000 shares to its founder, sole officer and director, H.J. Cole for services valued at $500.
There are no outstanding options or warrants for the purchase of the Company’s Common Stock.
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