EQUITY |
3 Months Ended |
|---|---|
Sep. 30, 2019 | |
| EQUITY | |
| EQUITY | NOTE 3 – EQUITY
On September 27, 2018 the Board of Directors and shareholders of China King Spirit Group Ltd. (FNA Jasmin Corp.) (the “Company”) approved an amendment to the Company’s Articles of Incorporation increasing the number of authorized shares of Common Stock from 75,000,000 to 200,000,000 and effecting a five-for-one forward split of the Company’s outstanding shares of common stock.
The Company has 200,000,000 common shares authorized with a par value of $0.001 per share. No preferred shares have been authorized or issued.
There were 12,644,500 (pre-split 2,528,900) shares of common stock issued and outstanding as of September 30, 2019 and September 30, 2018 respectively.
All references in these financial statements to number of common shares, price per share and weighted average number of shares outstanding prior to the 5:1 forward split have been adjusted to reflect the stock split on a retroactive basis unless otherwise noted. |