|3 Months Ended|
Jun. 30, 2017
NOTE 9 - SUBSEQUENT EVENTS
Note payable to related party
On July 3, 2017, the Company entered into a convertible debt arrangement with Max Zhu for $75,000. The conversion of the loan shall be at a price which is the lower of $0.08 per share and 80% of the lowest calculated volume-weighted average price of the stock during the five days before the date of the conversion notice.
The agreement included an amendment to the earlier loan of $45,000 such that both will now be on the same terms as this new loan.
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/presentationRef