STOCKHOLDERS DEFICIT |
3 Months Ended |
|---|---|
Oct. 31, 2022 | |
| STOCKHOLDERS DEFICIT | |
| STOCKHOLDERS DEFICIT | NOTE 5 – STOCKHOLDERS’ DEFICIT:
Common Stock
The articles of incorporation authorize the issuance of 500,000,000 shares of common stock, par value $0.0001. All issued shares of common stock are entitled to one vote per share of common stock. Effective July 31, 2021, the Company issued 250,000,000 common restricted shares to the Mace shareholders to acquire 100% of the Mace Corporation. The Company’s controlling shareholders, simultaneously, returned, for cancellation, their 22,477,843 common shares.
On June 1, 2022, the Company sold 500,000 of its common restricted shares, for $50,000 cash, or $0.10 per share. Preferred Stock
The articles of incorporation authorize the issuance of 5,000,000 shares of preferred stock with a par value of $0.0001 per share. None are issued. |