XML 23 R12.htm IDEA: XBRL DOCUMENT v3.23.1
Stock
3 Months Ended
Mar. 31, 2023
Equity [Abstract]  
Stock

NOTE 6 – Stock

 

Preferred Stock

 

Preferred stock consists of 100,000,000 shares authorized at $0.001 par value. 10,000,000 of these preferred shares have been separately allocated to Series A Preferred. Preferred stock can be converted into 100 shares of common stock, have dividend rights at 100 times common and have voting rights equal to 100 shares of common stock. At March 31, 2023 and December 31, 2022, there were -0- Series A Preferred shares issued and outstanding.

 

Common Stock

 

Common stock consists of 900,000,000 shares authorized at $0.001 par value. On November 25, 2019, the board of directors approved a 5 to 1 reverse split. At March 31, 2023 and December 31, 2022, there were 29,271,755 shares issued and outstanding, respectively.