CAPITAL STOCK |
6 Months Ended |
|---|---|
Jul. 31, 2026 | |
| CAPITAL STOCK | |
| CAPITAL STOCK | NOTE 8 – CAPITAL STOCK
Common Stock
Effective May 4, 2026, the Company effected a 1-for-25 reverse stock split of its issued and outstanding common stock. All share and per-share amounts presented in these consolidated financial statements have been retroactively adjusted to reflect the reverse stock split for all periods presented, unless otherwise indicated.
The Company is authorized to issue 650,000,000 shares of common stock with a par value of $0.0001 per share.
No shares of common stock were issued during the six months ended July 31, 2026 and 2025.
As of July 31, 2026 and January 31, 2026, the Company had 24,992,656 shares of common stock issued, of which 40,000 shares were held as treasury stock, resulting in 24,952,656 shares of common stock outstanding.
Preferred Stock
The Company is authorized to issue 50,000,000 shares of preferred stock with a par value of $0.001 per share.
Series A Voting Preferred Stock
On January 11, 2016, the Company’s Board of Directors authorized the creation of 1,000 shares of Series A Voting Preferred Stock.
Each share of Series A Voting Preferred Stock entitles the holder to voting rights equal to ten times the aggregate voting power of all shares of common stock and other voting securities outstanding at the time of each vote. The Series A Voting Preferred Stock is not convertible into common stock.
As of July 31, 2026 and January 31, 2026, no shares of Series A Voting Preferred Stock were issued or outstanding. |