Capital Stock, Stock Options, And Incentives	12 Months Ended
Dec. 31, 2020
Capital Stock Stock Options And Incentives
Capital Stock, Stock Options, And Incentives	NOTE 8. CAPITAL STOCK, STOCK OPTIONS, AND INCENTIVES PREFERRED STOCK Preferred stock, $0.001 par value, 10,000,000 shares authorized, no shares issued and outstanding as of December 31, 2020 and December 31, 2019. The Company’s Board of Directors shall determine the rights, preferences, privileges and restrictions of the preferred stock, including dividends rights, conversion rights, voting rights, terms of redemption, liquidation preferences, sinking fund terms and the number of shares constituting any series or the designation of any series. COMMON STOCK Effective February 15, 2021, the number of authorized common stock, $0.001 par value, was increased to 500,000,000 shares. There were 5,658,123 and 5,658,123 shares of common stock issued and outstanding as of December 31, 2020 and December 31, 2019, respectively. On August 15, 2017, the Company granted 34,000 shares of restricted common stock to one employee for services. The restricted common stock granted to the employee was valued at $33,660 and will vest as follows: 33% of the shares on January 1, 2018, an additional 33% of the shares on January 1, 2019, and the remaining 34% of the shares on January 1, 2020. The share-based compensation was amortized ratably over the three year vesting period. The Company recorded share-based compensation of $0 and $14,177 for the years ended December 31, 2020 and 2019, respectively.

Capital Stock, Stock Options, And Incentives

12 Months Ended

Dec. 31, 2020

Capital Stock Stock Options And Incentives

Capital Stock, Stock Options, And Incentives

NOTE 8. CAPITAL STOCK, STOCK OPTIONS, AND INCENTIVES

PREFERRED STOCK

Preferred stock, $0.001 par value, 10,000,000 shares authorized, no shares issued and outstanding as of December 31, 2020 and December 31, 2019. The Company’s Board of Directors shall determine the rights, preferences, privileges and restrictions of the preferred stock, including dividends rights, conversion rights, voting rights, terms of redemption, liquidation preferences, sinking fund terms and the number of shares constituting any series or the designation of any series.

COMMON STOCK

Effective February 15, 2021, the number of authorized common stock, $0.001 par value, was increased to 500,000,000 shares. There were 5,658,123 and 5,658,123 shares of common stock issued and outstanding as of December 31, 2020 and December 31, 2019, respectively.

On August 15, 2017, the Company granted 34,000 shares of restricted common stock to one employee for services. The restricted common stock granted to the employee was valued at $33,660 and will vest as follows: 33% of the shares on January 1, 2018, an additional 33% of the shares on January 1, 2019, and the remaining 34% of the shares on January 1, 2020. The share-based compensation was amortized ratably over the three year vesting period. The Company recorded share-based compensation of $0 and $14,177 for the years ended December 31, 2020 and 2019, respectively.