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NOTE 11 - SHAREHOLDERS' EQUITY
 6 Months Ended
Jun. 30, 2020
Notes  
NOTE 11 - SHAREHOLDERS' EQUITY NOTE 11 – STOCKHOLDERS’ EQUITY

 

The Company’s authorized capital consists of 300,000,000 shares of common stock with a par value of $0.001 per share.

 

During the six months ended June 30, 2020, the Company issued 50,286,709 shares of common stock, valued at fair market value on issuance as follows;

 

·4,500,000 shares issued for cash of $360,000  

·4,508,510 shares issued for settlement of debt of $269,840  

·4,173,000 shares issued for services valued at $450,034  

·50,000 shares issued for forbearance of debt of $2,900  

·33,821,613 shares issued for conversion of debt of $701,500  

·3,233,586 shares issued for cashless exercised warrant  

 

As of June 30, 2020 and December 31, 2019, 68,295,300 and 18,008,591 shares of common stock were issued and outstanding, respectively.