NOTE 4 – COMMON STOCK |
3 Months Ended |
|---|---|
Dec. 31, 2022 | |
| Equity [Abstract] | |
| NOTE 4 – COMMON STOCK | NOTE 4 – COMMON STOCK
On February 25, 2021, the Company filed a Certificate of Amendment through which the par value has been changed from $0.001 to $. This change in par value has been applied retroactively in the financial statements presented for the year ended September 30, 2020 and September 30, 2019. The Company changed the par value to increase the possibility of attracting a merger candidate.
Through this amendment (effective February 25, 2021) Company also increased the authorized shares from 75,000,000 to 300,000,000, of which will be Common Stock with a par value of $0.0001 and will be Blank Check Preferred Stock with a par value of $. Before this amendment, Company did not have any authorized Preferred Stock.
On December 7, 2021, the Company issued shares of Common Stock to Friction & Heat LLC; Joseph Passalaqua as Managing Member, in exchange for debt in the amount of $28,694, paid for Company expenses in 2020 and 2021.
As of the year ended September 30, 2022, the Company had shares of Common Stock Authorized and shares of Common Stock Issued and Outstanding and shares of Blank Check Preferred Stock Authorized and 0 Issued and Outstanding.
As of the three months ended December 31, 2022, the Company had shares of Common Stock Authorized and shares of Common Stock Issued and Outstanding and shares of Blank Check Preferred Stock Authorized and 0 Issued and Outstanding. |