Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - QMIS Finance Securities CorpFinancial_Report.xls
10-Q - FORM 10Q - QMIS Finance Securities Corplmgtform10qoct312012final.htm
XML - IDEA: XBRL DOCUMENT - QMIS Finance Securities CorpR1.htm
XML - IDEA: XBRL DOCUMENT - QMIS Finance Securities CorpR3.htm
XML - IDEA: XBRL DOCUMENT - QMIS Finance Securities CorpR8.htm
XML - IDEA: XBRL DOCUMENT - QMIS Finance Securities CorpR4.htm
XML - IDEA: XBRL DOCUMENT - QMIS Finance Securities CorpR2.htm
XML - IDEA: XBRL DOCUMENT - QMIS Finance Securities CorpR6.htm
XML - IDEA: XBRL DOCUMENT - QMIS Finance Securities CorpR7.htm
XML - IDEA: XBRL DOCUMENT - QMIS Finance Securities CorpR9.htm
XML - IDEA: XBRL DOCUMENT - QMIS Finance Securities CorpR15.htm
XML - IDEA: XBRL DOCUMENT - QMIS Finance Securities CorpR12.htm
EX-32 - EXHIBIT 32 - QMIS Finance Securities Corpex321.htm
EX-31 - EXHIBIT 31 - QMIS Finance Securities Corpex312.htm
EX-32 - EXHIBIT 32 - QMIS Finance Securities Corpex322.htm
EX-31 - EXHIBIT 31 - QMIS Finance Securities Corpex311.htm
XML - IDEA: XBRL DOCUMENT - QMIS Finance Securities CorpR5.htm
XML - IDEA: XBRL DOCUMENT - QMIS Finance Securities CorpR13.htm
XML - IDEA: XBRL DOCUMENT - QMIS Finance Securities CorpR14.htm
XML - IDEA: XBRL DOCUMENT - QMIS Finance Securities CorpR11.htm
v2.4.0.6
5. Stockholder's Equity
6 Months Ended
Oct. 31, 2012
Notes  
5. Stockholder's Equity

5. Stockholder’s Equity

 Reverse Stock Split

 

On February 12, 2009 we declared a reverse split of our common stock. The formula provided that every one hundred (100) issued and outstanding shares of common stock of the Corporation be automatically split into 1 share of common stock. Any resulting share ownership interest of fractional shares was rounded up to the first whole integer in such a manner that all rounding was done to the next single share and each and every shareholder would own at least 100 shares. The reverse stock split was effective March 12, 2009 for holders of record as of that date. Except as otherwise noted, all share, option and warrant numbers have been restated to give retroactive effect to this reverse split. All per share disclosures retroactively reflect shares outstanding or issuable as though the reverse split had occurred April 30, 2007.

 

          Common Stock

 

We are currently authorized to issue up to 300,000,000 shares of $ 0.001 par value common stock. All issued shares of common stock are entitled to vote on a 1 share/1 vote basis.

 

November 19, 2007, in exchange for approximately $19,040 of capital investments by Century Capital Partners we issued 380,000 shares of restricted $0.001 par value common stock. Mr. Anthony is the managing member of CCP and has sole voting and dispositive control.

 

          Preferred Stock

We are currently authorized to issue up to 20,000,000 shares of $ 0.001 preferred stock. Effective April 30, 2007 the board of directors approved the cancellation of all previously issued preferred shares and approved the cancellation and extinguishment of all common and preferred share conversion rights of any kind, including without limitation, warrants, options, convertible debt instruments and convertible preferred stock of every series and accompanying conversion rights of any kind.

 

On January 29 2009 we designated 5,000,000 shares of Series “B” preferred stock. The Series “B” allows voting rights in a ratio of 1:10 over the common. Each share of the Series A is convertible in to 10 shares of common at the discretion of the holder.

 

On February 18, 2009, Corporate Services International, Inc. agreed to contribute $25,000 in exchange for 5,000,000 shares of the Series “B” preferred stock. We have agreed to use these funds to pay the costs and expenses necessary to revive our business and implement the Company’s business plan. Such expenses include, fees to redomicile the Company to the state of Delaware; payment of state filing fees; transfer agent fees; calling and holding a shareholder’s meeting; accounting and legal fees; and costs associated with preparing and filing this Registration Statement, etc.

 

Corporate Services International, Inc. is a business consulting company of which Michael Anthony is the sole shareholder, officer and director.