Note 3 - Stockholders Equity
The authorized common stock of the Company consists of 50,000,000 shares with par value of $0.001. On October 7, 2011, the Company authorized the issuance of 1,300,000 shares of its $0.001 par value common stock at $0.004 per share in consideration of $5,200 in cash.
During the year ended October 31, 2012, the Company issued 204,057 shares of its $0.001 par value common stock for total cash proceeds of $6,722.
There was 1,504,057 and 1,300,000 shares of common stock issued and outstanding at October 31, 2012 and 2011.
Net loss per common share
Net loss per share is computed using the basic and diluted weighted average number of common shares outstanding during the period. The weighted-average number of common shares outstanding during each period is used to compute basic loss per share. Diluted loss per share is computed using the weighted averaged number of shares and dilutive potential common shares outstanding unless common stock equivalent shares are anti-dilutive. Dilutive potential common shares are additional common shares assumed to be exercised. Basic net loss per common share is based on the weighted average number of shares of common stock outstanding during the period ended October 31, 2011.