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Alias Born | 03/10/2009 |
Monday, February 12, 2018 4:49:58 PM
Net Income (loss). Our net income increased by $110,695, to a net income of $100,731 for the nine-months ended September 30, 2017 compared to a net loss of ($9,914) for the comparable period in 2016. The increase is primarily due to an increase in revenues.
https://backend.otcmarkets.com/otcapi/company/sec-filings/12384814/content/html
In November 2011, the Company issued 1,200 pre-split common shares to Victor Shvetsky, our chairman, chief executive officer and secretary, for services rendered in our formation and organization valued at $1,200 or $1.00 per share and 300 pre-split common shares to Alexey Golovanov, our president for services rendered in our formation and organization valued at $300 or $1.00 per share transactions that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Act”) in reliance on Section 4(2) of the Act. On July 16, 2012, amended our certificate of incorporation and increased our authorized shares from 1,500, no par value to 50,000,000, $0.0001 par value and effected a 10,000 to 1 forward split. On February 4, 2015, we filed a Certificate of Correction to our Certificate of Amendment to Certificate of Incorporation to correct it, which left out the 10,000 to 1 forward split, which our shareholders and board approved on June 29, 2012. Accordingly, Mr. Shvetsky now owns 12,000,000 shares and Mr. Golovanov owns 3,000,000 of our shares.
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