EQUITY |
12 Months Ended |
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Dec. 31, 2022 | |
Equity [Abstract] | |
EQUITY | NOTE 4 – EQUITY
Common Stock
The Company has authorized 2,000,000,000 shares of $0.0001 par value, common stock. As of December 31, 2022, and December 31, 2021, there were 1,994,657,080 shares of Common Stock issued and outstanding.
The Company did not issue any common shares in 2022 or 2021.
Preferred Stock
The Company has authorized 20,000,000 shares of Series A Preferred Stock at a par value of $0.0001. As of December 31, 2022, and December 31, 2021, there were 10,000,000 and -0- shares issued and outstanding, respectively. The preferred shares are convertible to common shares at a ratio of 40 to 1.
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- References No definition available.
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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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