Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Deficit

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Stockholders' Deficit
3 Months Ended
Mar. 31, 2016
Equity [Abstract]  
Stockholders' Deficit

Note 4 – Stockholders’ Deficit

 

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 March 31, 2016, and the related changes during the periods are presented below.

 

      Number of Warrants     Weighted
Average
Exercise Price
 
Balance at December 31, 2015       320,000       0.50  
Granted       320,000       0.50  
Exercised       -       -  
Forfeited       -       -  
                   
Balance at March 31, 2016       320,000     $ 0.50