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Saturday, August 20, 2022 9:36:09 AM
mpany will evaluate subsequent events through the date when the financial statements were issued. See note 7. NOTE 3 - REVERSE MERGER
On February 14, 2020 (with FINRA approval on February 13, 2020), OMID Holdings, Inc. (OTC Pink: OMID) (formerly AV1 Group, Inc. (OTC Pink: AVOP)), a publicly-traded investment and holding company, completed a ticker symbol and name change subsequently completing all pending actions required for the acquisition of OMID Holdings, Inc. Simultaneous with the acquisition of OMID Holdings, Inc., all previous business elements of AVOP, including its prior assets, liabilities, and debts have been settled and/or spun-off from the company. In addition, the previous executives of the company have tendered their resignations, effective upon the closing. As of March 31, 2020, the acquisition accounting and purchase price allocation has not yet been completed.
NOTE 4 – CAPITAL STOCK
The Company’s authorized capital at December 31, 2019 is 350,000,000 common shares with a par value of $0
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