NOTE 3 – COMMON STOCK
The Company has 75,000,000 shares of $0.001 par value common stock authorized.
During the period ended October 31, 2011, the Company issued 1,000,000 shares of common stock at $0.01 per share for total cash proceeds of $10,000. Additionally, the founders of the company purchased 50,000,000 shares at $0.001 per share in exchange for a stock subscription receivable of $50,000. As of October 31, 2011, $13,799 had been collected with the balance of $36,201 still outstanding. The remaining balance of $36,201 was collected during the year ended October 31, 2012.
There were no additional shares of common stock issued during the year ended October 31, 2012. As of October 31, 2012 and 2011, there were 51,000,000 shares of common stock issued and outstanding.