Issuable Common Stock

6 Months Ended

Jun. 30, 2020

Equity [Abstract]

Issuable Common Stock

11. ISSUABLE COMMON STOCK

As of December 31, 2019 45,740,000 shares of the authorized shares, amounting to $20,500 had not been issued. As of June 30, 2020 an additional subscription was issued authorizing another 65,000,000 shares for $7,000.

On June 5, 2020, the Company subscribed 10,000,000 shares of common stock and issued options to purchase 25,000,000 shares of the Company’s common stock in order to acquire the a domain name and toll free numbers to distribute CBD based products. The Company recorded the acquisition at the fair value of the shares to be issued and options issued of $23,715. Estimated amortization expense over the next three years is as follows:

1	$	7,905
2		7,905
3		7,905
	$	23,715