Stockholders Deficit |
9 Months Ended |
|---|---|
Sep. 30, 2026 | |
| Stockholders Deficit | |
| Stockholders' Deficit | 5. Stockholders’ Deficit
Series A Preferred stock The Company is authorized under its Articles of Incorporation to issue 10,000,000 shares of Series A preferred stock with a par value of $0.001 per share. Each share of the Company’s preferred stock provides the holder with the right to vote 1,000 votes on all matters submitted to a vote of the stockholders of the Company and is convertible into 1,000 shares of the Company’s common stock. The preferred stock is non-participating and carries no dividend. The Company does not have any issued shares of the preferred stock as of September 30, 2026 and December 31, 2025.
Common stock The Company is authorized to issue 250,000,000 shares of common stock with a par value of $0.001 per share. During the nine months ended September 30, 2026, the Company did not issue any shares of common stock or warrants. |