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EQUITY
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
EQUITY

NOTE 4 – EQUITY

 

Prior to September 2024 the Company has authorized 100,000,000 shares of common stock, par value of $0.001 per share, with 81,200,000 shares of common stock -class A designated and 18,800,000 shares of common stock -class B designated. Each holder of common stock-class A and common stock-class B is entitled to one vote and three votes, respectively, for each such share outstanding in the holder’s name.

 

In September 2024 the Company’s Board of Directors resolved to convert all of its issued and outstanding Common Stock B shares of 18,800,000 to Common Stock A shares. The shares were converted on a one-for-one basis. Common Stock B shares and Common Stock A shares had the same par value of $0.001 per share. All Common Stock A shares are entitled to one vote for each share outstanding in the holder’s name.

 

Common Stock – Class A

 

As of June 30, 2026 and December 31, 2025, the Company had 25,219,895 shares of common stock-class A issued and outstanding.

 

During the six months ended June 30, 2026, the Company did not issue and shares of class A common stock.