v3.25.2
COMMON AND PREFERRED STOCK TRANSACTIONS
 12 Months Ended
Mar. 31, 2025
Equity [Abstract]  
COMMON AND PREFERRED STOCK TRANSACTIONS

NOTE 6 - COMMON AND PREFERRED STOCK TRANSACTIONS

 

  a. Common Stock

 

The Company has 150,000,000 authorized shares of common stock, no par value. At March 31, 2025, the total common shares issued and outstanding was 122,189,763. As of March 31, 2024, the total common shares issued and outstanding was 124,733,494.

 

During the years ended March 31, 2025, and 2024, the Company had no option expense.

 

During the years ended March 31, 2025, and 2024, the Company did not issue any shares of common stock.

 

During the year ended March 31, 2025, the Company made the following common stock repurchase transactions:

 

Date  Shares   Price   Total Consideration 
7/15/2024   250,000   $0.195   $48,750 
9/24/2024   352,084   $0.270   $95,063 
11/19/2024   1,172,417   $0.210   $246,208 
2/7/2025   769,230   $0.205   $157,692 
Total   2,543,731        $547,713 

 

 

These shares repurchased were then immediately cancelled. During the year ended March 31, 2024, the Company repurchased 998,985 shares common stock at $0.065 per share for total payments of $64,933, then cancelled the shares.

 

  b. Preferred Stock

 

The Company has 20,000,000 authorized shares of preferred stock. As of March 31, 2025, and March 31, 2024, there were no preferred shares issued or outstanding.

 

As of March 31, 2025, and 2024, the Company had no dilutive instruments outstanding.