Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity

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Stockholders' Equity
 6 Months Ended
Jun. 30, 2016
Equity [Abstract]  
Stockholders' Equity

Note 4 – Stockholders’ Equity

 

Authorized Capital

 

The Company is authorized to issue 500,000,000 shares of common stock, $0.0001 par value, and 50,000,000 shares of preferred stock, $0.0001 par value.

 

Warrants

 

The following table summarizes warrants outstanding as of June 30, 2016, and the related changes during the periods are presented below.

 

          Weighted  
    Number of     Average  
    Warrants     Exercise Price  
Balance at December 31, 2015     320,000       0.50  
Granted     2,000,000       3.50  
Exercised     -       -  
Forfeited     -       -  
                 
Balance at June 30, 2016     2,320,000     $ 3.08