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STOCKHOLDERS' DEFICIT
 3 Months Ended
Mar. 31, 2015
STOCKHOLDERS' DEFICIT [Abstract]  
STOCKHOLDERS' DEFICIT

NOTE 5. STOCKHOLDERS' DEFICIT

 

Preferred Stock

 

The Company is authorized to issue 5,000,000 shares of preferred stock with a par value of $0.001 per share.

 

No shares of preferred stock were issued and outstanding during the three months ended March 31, 2015 and 2014.

 

Common Stock

 

The Company is authorized to issue 45,000,000 shares of common stock with a par value of $0.001 per share.

 

During the three month periods ended March 31, 2015 and 2014, the Company issued no shares of common stock.

 

As at March 31, 2015 there were 5,073,000 shares of common stock issued and outstanding.

 

Additional Paid in Capital

 

During the last fiscal year ended December 31, 2014, related party shareholders forgave Company liabilities totaling $28,146. The gain arising on forgiveness of these liabilities has been recognized in additional paid in capital.

 

During the fiscal year ended December 31, 2013, a shareholder contributed $13,500 to fund the Company's ongoing activities. The shareholder did not receive any equity for the contribution and the contribution is not repayable. Accordingly this contribution has been credited to additional paid in capital.