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The Company has 500,000,000, $0.001 par value shares of common stock authorized, and 202,356,178 common shares issued and outstanding as of March 31, 2022. During the period ended March 31, 2022, the Company has issued Series A preferred shares to certain shareholders for cash to be used as working capital. Additionally, the Company also issued 1,000 Series A preferred shares for $40 Million dollars of Sumcoin Digital Assets (40,421 coin) that are reflected on the Company’s Balance Sheet as Digital Assets (currency). As of March 31, 2022, the issued and outstanding Series A preferred shares was 2,043,139 and 0 series B. Collectively as of March 31, 2022 the Company has 79,775 total digital currencies who’s value at this date is $79,059,965 based upon the Sumcoin closing price on December 31, 2021 of $979.04 per coin. There are 10 million authorized preferred shares (par value .001) including 5 million Series A, and 5 million Series B shares. Management has the authority to set the rights powers and privileges to these shares.
https://www.otcmarkets.com/otcapi/company/financial-report/334332/content
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