Stockholders' Deficit |
12 Months Ended |
|---|---|
Dec. 31, 2016 | |
| Stockholders' Deficit [Abstract] | |
| STOCKHOLDERS' DEFICIT |
NOTE 11 – STOCKHOLDERS’ DEFICIT
As of December 31, 2016 and 2015, the Company had (i) 100,000,000 Common shares authorized with a par value of $.0001 per share, of which 51,411,443 and 50,411,443 shares were issued and outstanding, respectively and (ii) 25,000,000 shares of preferred stock, par value $.0001 per share, authorized, none of which was issued and outstanding. 8,980,047 shares of Common Stock have been issued to founders, of which, 400,016 shares were issued to the President and director as part of their consulting agreements. The shares were valued at fair value at the ended of December 31,2016 for a value of $898. There are 1,000,000 common shares issued to Caro Capital, LLC for services rendered in the quarter ended September 30, 2016. |
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- References No definition available.
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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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