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Note 5 - Stockholder Equity
9 Months Ended
Jul. 31, 2020
Equity [Abstract]  
Stockholder Equity

Note 5 – Stockholders’ Equity

 

Additional Paid-In Capital

 

The Company’s Chief Executive Officer and Chief Financial Officer, Mr. Nirajkumar Patel, paid expenses on behalf of the Company totaling $16,257 during the nine months ended July 31, 2020, which is considered a contribution to the Company with no expectation of repayment and is recorded as additional paid-in capital.

 

The Company’s Chief Operating Officer, Mr. Eric Mosser, paid expenses on behalf of the Company totaling $10,900 during the nine months ended July 31, 2020, which is considered a contribution to the Company with no expectation of repayment and is recorded as additional paid-in capital.

 

Shares of Common Stock Issued

 

During the quarter ended July 31, 2020, 3,320,574 shares of common stock, valued and expensed at $202,555, were issued to QuikfillRx as compensation for the Services rendered to the Company.

 

During the quarter ended July 31, 2020, 9.5 million shares of common stock were granted to seven employees of the Company. 810,000 shares of common stock, valued and expensed at $117,600, were issued to these employees as bonus compensation. Unamortized shares granted to the seven employees at July 31, 2020 totaled 8,690,000 shares and are valued at $1,242,400.