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NOTE 4 – COMMON STOCK
 12 Months Ended
Sep. 30, 2023
Equity [Abstract]  
NOTE 4 – COMMON STOCK

NOTE 4 – COMMON STOCK

 

On February 25, 2021, the Company filed a Certificate of Amendment through which the par value has been changed from $0.001 to $0.0001. This change in par value has been applied retroactively in the financial statements presented for the year ended September 30, 2020 and September 30, 2019. The Company changed the par value to increase the possibility of attracting a merger candidate.

 

Through this amendment (effective February 25, 2021) Company also increased the authorized shares from 75,000,000 to 300,000,000, of which 290,000,000 will be Common Stock with a par value of $0.0001 and 10,000,000 will be Blank Check Preferred Stock with a par value of $0.0001. Before this amendment, Company did not have any authorized Preferred Stock.

 

On December 7, 2021, the Company issued 150,000,000 shares of Common Stock to Friction & Heat LLC; Joseph Passalaqua as Managing Member, in exchange for debt in the amount of $28,694, paid for Company expenses in 2020 and 2021.

 

On June 2, 2023, the Company filed a Certificate of Amendment with the State of Nevada for a 1 for 2,500 Reverse Stock Split of common stock issued, with any fractional shares rounded up. The result would be 90,000 Post-Reverse shares issued and outstanding from 225,000,000. This is pending approval with FINRA.

 

As of the years ended September 30, 2022 and September 30, 2023, the Company had 290,000,000 shares of Common Stock Authorized and 225,000,000 shares of Common Stock Issued and Outstanding.

 

As of the year ended September 30, 2022 and September 30, 2023, the Company had 10,000,000 shares of Blank Check Preferred Stock Authorized and 0 Issued and Outstanding.