NOTE 3: PREFERRED AND COMMON STOCK
The Company is authorized to issue up to 900,000,000
shares of common stock, par value $0.0001 per share. Each outstanding share of common stock entitles the holder to one vote per
share on all matters submitted to a stockholder vote. All shares of common stock are non-assessable and non-cumulative, with no
As of August 31, 2012 and 2011, the Company
had a total of 680,202 shares of common stock outstanding.
The Company is authorized to issue up to 100,000,000
shares of preferred stock, par value $0.0001 per share. No shares of preferred stock have been issued.