The Company has 30,000,000 shares of $0.001
par value common stock authorized.
During the period ended August 31, 2011,
the Company issued 1,500,000 shares of common stock at $0.02 per share to its founder for total cash proceeds of $30,000.
Additionally, the Company issued 500,000
shares of common stock at $0.08 per share for total cash proceeds of $40,000.
During the year ended August 31, 2012,
the Company issued 300,000 shares of common stock at $0.10 per share for total cash proceeds of $30,000.
On July 19, 2012, a shareholder forgave
a balance due of $3,125. The amount was recorded as contributed capital.
As of August 31, 2012 there were 2,300,000
shares of common stock issued and outstanding.