Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Deficit

Stockholders' Deficit
6 Months Ended
Jun. 30, 2017
Stockholders' Deficit [Abstract]  



As of June 30, 2017 the Company had (i) 100,000,000 Common shares authorized with a par value of $.0001 per share, of which 51,441,443 shares were issued and outstanding, and (ii) 25,000,000 shares of preferred stock, par value $.0001 per share, authorized, none of which was issued and outstanding. On November 14, 2013, the Company consummated transactions pursuant to the Share Exchange Agreement with AGI dated November 14, 2013 by and among the Company and the stockholders of AGI whereby the AGI Stockholders transferred 100% of the outstanding shares of common stock of AGI held by them, in exchange for an aggregate of 8,980,047 newly issued shares of Common Stock, of which, 400,016 shares were issued to the President and director as part of their consulting agreements. The shares were valued at par for a value of $898.