v3.26.1
CAPITAL STOCK
12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
CAPITAL STOCK

4.CAPITAL STOCK

 

Capitalization

 

The authorized capital of the Company is 500,000,000 shares of capital stock, divided into 480,000,000 shares of common stock with a par value of $0.001 per share, and 20,000,000 shares of preferred stock with a par value of $0.001 per share. The Company reserved 10,000,000 shares of common stock for issuance under its 2016 Omnibus Equity Incentive Plan. The Company has issued 124,054,600 common shares and no preferred shares.

 

On February 14, 2025, the Company issued 1,357,158 common shares pursuant to a debt settlement (Note 5).

 

On August 7, 2025 the Company issued 1,760,000 common shares for proceeds of $220,000.

 

Stock Options

 

During the years ended December 31, 2025, and December 31, 2024, there are no stock options outstanding.