Note 6 - Subsequent Events
|9 Months Ended|
Sep. 30, 2020
|Notes to Financial Statements|
|Subsequent Events [Text Block]||
6– Subsequent Events
Common stock issuance
September 30, 2020,the company issued
500,000shares to a consultant in connection with services provided.
October 29, 2020,the Company moved the trading of its securities to the OTCQB, also known as the Venture Market, from OTC Pink market. The fees for listing on OTCQB markets is
$12,000per annum, with a
one-time application fee of
$2,500.The OTCQB market is the middle tier of the OTC Markets and consists of early-stage and developing U.S. and international companies.
Conversion of convertible debt
October 30, 2020,DAF provided notice to convert
$250,000of debt at the stated conversion price of
$0.0329per share, resulting in an issuance of
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef