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PREFERRED STOCK CONVERT TO COMMON STOCK
12 Months Ended
Jan. 31, 2023
PREFERRED STOCK CONVERT TO COMMON STOCK  
PREFERRED STOCK CONVERT TO COMMON STOCK

NOTE 7 – PREFERRED STOCK CONVERT TO COMMON STOCK

 

Effective on December 15, 2022, the Company has approved a 1 for 50 conversion to convert 2,000,000 preferred stock to 100,000,000 common shares, there was 8,000,000 preferred stock outstanding as of December 15, 2022. As a result of the conversion, the Company’s prior to the conversion, there were 103,103 shares of common stock issued and outstanding. The par value remains unchanged at $0.001 per share, which resulted in a reclassification of capital from par value to additional paid-in capital in excess of par value. All share and per share amount in the accompanying financial statement for the prior period have been retroactively adjusted to reflect the conversion.