v3.5.0.2
Common Stock
6 Months Ended
Jun. 30, 2016
Preferred Stock and Common Stock [Abstract]  
Common Stock
4.Common Stock

 

The Company is authorized to issue 100,000,000 shares of common stock. Holders of common stock shall be entitled to cast one vote for each share held at all stockholders’ meetings, including the election of directors. The common stock does not have cumulative voting rights. During December 2007, the Company issued 5,000,000 shares of its common stock pursuant to a private placement for $50,000.