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CAPITAL STOCK, STOCK OPTIONS, AND INCENTIVES
 12 Months Ended
Dec. 31, 2022
Equity [Abstract]  
CAPITAL STOCK, STOCK OPTIONS, AND INCENTIVES

CAPITAL STOCK, STOCK OPTIONS, AND INCENTIVES

NOTE 7. CAPITAL STOCK, STOCK OPTIONS, AND INCENTIVES

 

PREFERRED STOCK

 

Preferred stock, $0.001 par value, 5,000,000 shares authorized, no shares issued and outstanding as of December 31, 2021 and December 31, 2020. 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, 2022 and December 31, 2021, respectively.