v3.10.0.1
Note 1 - Summary of Significant Accounting Policies: Capital Structure (Policies)
3 Months Ended
Jun. 30, 2018
Policies  
Capital Structure

Capital Structure

 

In accordance with ASC 505, “Equity,” the Company’s capital structure is as follows:

 

 

June 30, 2018

 

 

 

Authorized

Issued

Outstanding

 

 

 

 

 

 

 

 

Common stock

4,000,000,000

9,655,813

9,655,813

 

$.0001 par value; one vote per share

 

 

 

 

 

 

Preferred stock

200,000,000

 

 

 

 

Preferred stock - Class A

750,000

-

-

 

$.0001 par value; no voting rights

 

 

 

 

 

 

Preferred stock - Class B

1,000,000

-

-

 

Voting rights of 10 votes for 1 Preferred B share; 2% preferred dividend payable annually

 

 

 

 

 

 

Preferred stock - Class C

9,000,000

-

-

 

$.0001 par value; 500 votes per share, convertible to common stock

 

 

March 31, 2018

 

 

 

Authorized

Issued

Outstanding

 

 

 

 

 

 

 

 

Common stock

4,200,000,000

8,572,233

8,572,233

 

$.0001 par value; one vote per share

 

The March 31, 2018 capital structure reflects the equity structure issued to effect the business combination, which provides comparable earnings per share information. There is no publicly traded market for the preferred shares.