STOCKHOLDERS’ DEFICIT |
12 Months Ended |
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Mar. 31, 2025 | |
Equity [Abstract] | |
STOCKHOLDERS’ DEFICIT | NOTE – 8 STOCKHOLDERS’ DEFICIT
The Company is authorized to issue two classes of capital stock, up to 36,100,000,000 shares.
The Company is authorized to issue shares of preferred stock, with a par value of $0.0001. The Company has one class of Preferred Stock designated with shares authorized as Series C Preferred Stock, with a par value of $ per share.
The Company is authorized to issue shares of common stock, with a par value of $ .
On December 27, 2023, the Company filed an Amended and Restated Certificate of Incorporation effectuating all of the foregoing corporate actions. The Amended and Restated Certificate of Incorporation also confirmed the cancellation of the Series A Preferred Stock and Series B Preferred Stock. The Company amended the Company’s Certificate of Incorporation to increase the authorized capital stock from 6,085,000,000, consisting of 6,000,000,000 shares of common stock, par value of $0.001, and 85,000,000 shares of preferred stock, to 36,100,000,000 consisting of 36,000,000,000 shares of common stock, par value of $0.0001, and 100,000,000 shares of preferred stock, par value of $0001.
Series C Preferred Stock
The Company has designated shares of Series C Preferred Stock. Each one share of Series C Convertible Preferred Stock converts into 100 shares of common stock of the Company at the election of the holder, subject to equitable adjustments.
As of March 31, 2025 and 2024, the Company had shares of Series C Preferred Stock issued and outstanding.
Common Stock
On April 12, 2024, the Company issued shares of its common stock to settle the consulting and service fee to consultants who rendered services to the Company.
On December 6, 2024, shares of its common stock were cancelled.
On December 13, 2024, the Company issued shares of its common stock to settle the consulting and service fee to consultants who rendered services to the Company.
As of March 31, 2025 and 2024, the Company had a total of shares and shares of its common stock issued and outstanding, respectively.
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