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Common Stock
12 Months Ended
Apr. 30, 2020
Equity [Abstract]  
Common Stock

NOTE 2 – COMMON STOCK

 

The Company has authorized 1,000,000 shares of preferred stock, $0.001 par value, with such rights, preferences and designation and to be issued in such series as determined by the Board of Directors. No shares of preferred stock are issued and outstanding at April 30, 2020 or 2019.

 

The Company has authorized 300,000,000 shares of par value $0.001 common stock, of which 138,964,917 and 138,964,917 shares are outstanding at April 30, 2020 and 2019, respectively. No shares of common stock have been issued during the years ended April 30, 2020 and 2019.

 

On December 5, 2018, the Company agreed to issue a total of 309,000 restricted common shares to Kevin Frawley, affiliate, in accordance with Rule 144, in exchange for expenses paid on behalf of the Company for $3,090. The issuance was exempt from registration pursuant to Section 4(2) of the Securities Act of 1933, and the investor was sophisticated and familiar with our operations at the time of the issuance of the shares.

 

As of April 30, 2020, the Company has not issued 38,153,269 common shares to a related party affiliate. These shares are reflected in the above disclosures.