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Share Capital
12 Months Ended
Dec. 31, 2014
Notes to Financial Statements  
Share Capital

The Company is authorized to issue 20,000,000 shares of its common stock with a par value of $0.0001.  All shares are ranked equally with regards to the Company's residual assets.

 

During the year ended December 31, 2014, the Company received subscriptions for 2,775,360 shares of its common stock for proceeds of $383,000. As at December 31, 2014, the shares had yet to be issued and the full amount of the proceeds has been included in share subscriptions payable. Subsequent to the year ended December 31, 2014, the Company had issued 2,413,041 of the common shares.

 

As at December 31, 2014, the Company's net loss per weighted average number of shares outstanding is as follows: 

 

    2014     2013  
             
Net loss for the year   $ (479,341 )   $ (36,935 )
                 
Weighted average number of shares (basic and diluted)     125,801       100  
                 
Loss per weighted average share (basic and diluted)   $ (4 )   $ (369 )