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Tuesday, August 28, 2012 3:23:32 AM
![smile](/images/emoticon01.gif)
but yeah AS goi raised huge...
NOTE 4. SHAREHOLDERS' EQUITY
COMMON STOCK
The authorized common stock of the Company consists of 150,000,000 shares with a par value of $0.00001. On April 26, 2012 the Company, through approval of its Board of Directors, amended the Articles of Incorporation for the purpose of authorizing additional shares. The amendment changed the authorized common shares from 150,000,000 to 10,000,000,000.
The Company issued 5,000,000 shares to David Cupp, CEO and sole Director on June 30, 2007 at a par value of $500 in exchange for incorporation services.
The Company sold for cash 3,700,000 shares on August 29, 2007 to 37 shareholders via subscription at a value of $3,700 or $0.001 per share.
The Company issued 7,300,000 shares to David Cupp, CEO and sole Director on September 22, 2008 for cash at a par value of $730 or $0.0001 per share.
There were 16,000,000 and 16,000,000 shares of common stock issued and outstanding at June 30, 2012 and at December 31, 2011, respectively.
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