Common Share Capital Disclosure |
6 Months Ended |
|---|---|
Jun. 30, 2025 | |
| Notes | |
| Common Share Capital Disclosure | 7. Common Share Capital
The Company is authorized to issue 150,000,000 shares of Common Stock with a par value of $0.001 and had 82,819,419 and 77,819,419 shares of Common Stock issued and outstanding as of March 31, 2025 and December 31, 2024, respectively.
On March 20, 2024, the Company issued 2,000,000 shares of common stock for the conversion of $2,000 of the principal balance of a convertible note. The 2,000,000 shares of common stock were valued at $0.15 per share for a value of $30,000. The Company recognized a loss on the extinguishment of debt of $28,000.
On March 22, 2024, the Company sold 1,000,000 shares of common stock for $5,000 in cash.
On August 27, 2024, the Company sold 2,000,000 shares of common stock for $10,000 in cash.
On April 21, 2025, the Company issued 5,000,000 shares of common stock for the conversion of $20,000 of the principal balance of a convertible note and accrued interest of $553. These shares were valued at $0.034 per share for a total value of $170,000. The Company recognized a loss on extinguishment of debt of $144,447. |