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Capital Stock
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9 Months Ended |
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Dec. 31, 2013
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NOTE 5 – CAPITAL STOCK
On December 18, 2013, we increased our authorized capital stock from 75,000,000 shares of common stock, par value $0.001, to 500,000,000 shares of common stock, par value $0.001 (the “Common Stock”), and 10,000,000 shares of “blank check” preferred stock, par value $0.001.
On December 16, 2013, we completed a 3.462-for-1 forward split of our Common Stock in the form of a dividend, with the result that the 6,350,000 shares of Common Stock, $0.001 par value per share, outstanding immediately prior to the stock split became 21,983,700 shares of Common Stock outstanding immediately thereafter. All share and per share numbers in this Report have been adjusted to give effect to this stock split, unless otherwise indicated.
On March 29, 2012, the Company issued 17,310,000 shares of Common Stock for cash proceeds of $5,000. The Company sold 4,673,700 shares of Common Stock for total cash proceeds of $27,000 during the year ended March 31, 2013.
As of December 31, 2013, there were 21,983,700 shares of Common Stock issued and outstanding. |
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- Definition
The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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