Document_and_Entity_Informatio
Document and Entity Information | 9 Months Ended |
31-May-14 | |
Document Type | '10-Q |
Amendment Flag | 'false |
Document Period End Date | 31-May-14 |
Trading Symbol | 'lrdr |
Entity Registrant Name | 'Laredo Resources Corp. |
Entity Central Index Key | '0001499871 |
Current Fiscal Year End Date | '--08-31 |
Entity Filer Category | 'Smaller Reporting Company |
Entity Common Stock, Shares Outstanding | 2,128,500,000 |
Entity Current Reporting Status | 'Yes |
Entity Voluntary Filers | 'No |
Entity Well Known Seasoned Issuer | 'No |
Document Fiscal Year Focus | '2014 |
Document Fiscal Period Focus | 'Q3 |
Balance_Sheets_Unaudited
Balance Sheets (Unaudited) (USD $) | 31-May-14 | Aug. 31, 2013 |
Current Assets | ' | ' |
Cash | $50,314 | $692 |
Prepaid Expense | 0 | 1,000 |
Total Current Assets | 50,314 | 1,692 |
Property option | 47,600 | 0 |
Intangible asset, net of accumulated amortization of $7,322 and $3,209, respectively | 9,178 | 13,291 |
TOTAL ASSETS | 107,092 | 14,983 |
Current Liabilities | ' | ' |
Accounts payable and accrued liabilities | 167,251 | 123,400 |
Advances from related party | 185,022 | 105,901 |
Note payable | 122,201 | 0 |
Note payable, related party | 7,500 | 20,000 |
Accrued interest, related party | 0 | 1,156 |
Total Current Liabilities | 481,974 | 250,457 |
Stockholders' Deficit | ' | ' |
Common stock: $.00001 par value, 3,000,000,000 shares authorized , 2,128,500,000 and 178,500,000 shares issued and outstanding | 21,285 | 1,785 |
Additional paid in capital | 418,700 | 269,601 |
Deficit accumulated | -814,869 | -506,860 |
Total Stockholders' Deficit | -374,882 | -235,474 |
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT | 107,092 | 14,983 |
Series A convertible preferred stock: $0.001 par value, 100 shares authorized, none issued or outstanding | ' | ' |
Stockholders' Deficit | ' | ' |
Preferred Stock | 0 | 0 |
Series B preferred stock: $.00001 par value, 10,000,000 sharesauthorized, 118,283 issued and outstanding | ' | ' |
Stockholders' Deficit | ' | ' |
Preferred Stock | 1 | 0 |
Series C convertible preferred stock: $.00001 par value, 10,000,000 sharesauthorized, 45,138 issued and outstanding | ' | ' |
Stockholders' Deficit | ' | ' |
Preferred Stock | 1 | 0 |
Series D preferred stock: $.001 par value, 10,000,000 sharesauthorized, none issued or outstanding | ' | ' |
Stockholders' Deficit | ' | ' |
Preferred Stock | $0 | $0 |
Balance_Sheets_Parenthetical_U
Balance Sheets (Parenthetical) (Unaudited) (USD $) | 31-May-14 | Aug. 31, 2013 |
Current Assets | ' | ' |
Intangible asset, net of accumulated amortization | $7,322 | $3,209 |
Stockholders' Deficit | ' | ' |
Common stock, par value | $0.00 | $0.00 |
Common stock, Authorized | 3,000,000,000 | 3,000,000,000 |
Common stock, Issued | 2,128,500,000 | 178,500,000 |
Common stock, outstanding | 2,128,500,000 | 178,500,000 |
Series A convertible preferred Stock [Member] | ' | ' |
Stockholders' Deficit | ' | ' |
Preferred stock, par value | $0.00 | $0.00 |
Preferred stock, Authorized | 100 | 100 |
Preferred stock, Issued | 0 | 0 |
Preferred stock, outstanding | 0 | 0 |
Series B Preferred Stock [Member] | ' | ' |
Stockholders' Deficit | ' | ' |
Preferred stock, par value | $0.00 | $0.00 |
Preferred stock, Authorized | 10,000,000 | 10,000,000 |
Preferred stock, Issued | 118,283 | 118,283 |
Preferred stock, outstanding | 118,283 | 118,283 |
Series C convertible preferred stock [Member] | ' | ' |
Stockholders' Deficit | ' | ' |
Preferred stock, par value | $0.00 | $0.00 |
Preferred stock, Authorized | 10,000,000 | 10,000,000 |
Preferred stock, Issued | 45,138 | 45,138 |
Preferred stock, outstanding | 45,138 | 45,138 |
Series D Preferred Stock [Member] | ' | ' |
Stockholders' Deficit | ' | ' |
Preferred stock, par value | $0.00 | $0.00 |
Preferred stock, Authorized | 10,000,000 | 10,000,000 |
Preferred stock, Issued | 0 | 0 |
Preferred stock, outstanding | 0 | 0 |
Statements_of_Operations_Unaud
Statements of Operations (Unaudited) (USD $) | 3 Months Ended | 9 Months Ended | ||
31-May-14 | 31-May-13 | 31-May-14 | 31-May-13 | |
Revenue | $0 | $0 | $0 | $0 |
Operating expenses | ' | ' | ' | ' |
Amortization expense | 1,386 | 1,823 | 4,113 | 1,823 |
Accounting and audit | 3,500 | 6,084 | 14,734 | 21,242 |
Foreign exchange (gain) loss | 0 | 3 | 0 | -2,324 |
Legal and professional fees | 3,215 | 4,569 | 9,921 | 35,388 |
General and administrative expenses | 1,507 | 53,939 | 3,111 | 30,342 |
Mineral property and exploration costs | 0 | 30,000 | 0 | 95,842 |
Transfer and filing fees | 9,887 | 3,458 | 14,773 | 26,194 |
Management fees | 58,900 | 0 | 156,700 | 0 |
Stock compensation | 27,980 | 0 | 32,983 | 0 |
Operating loss before interest expense | -106,375 | -99,876 | -236,335 | -208,507 |
Other Income(Expense) | ' | ' | ' | ' |
Forgiveness of debt | 0 | 0 | 17,344 | 0 |
Interest expense | -28,657 | -300 | -77,156 | -997 |
Net loss | -135,032 | -100,176 | -296,147 | -209,504 |
Preferred stock dividend | -11,862 | 0 | -11,862 | 0 |
Net loss attributable to common shareholders | ($146,894) | ($100,176) | ($308,009) | ($209,504) |
Basic loss per share | $0 | $0 | $0 | $0 |
Weighted average number of shares outstanding - basic | 700,322,222 | 178,500,000 | 700,322,222 | 178,500,000 |
Statements_of_Cash_Flows_Unaud
Statements of Cash Flows (Unaudited) (USD $) | 9 Months Ended | |
31-May-14 | 31-May-13 | |
CASH FLOWS FROM OPERATING ACTIVITIES: | ' | ' |
Net loss | ($296,147) | ($209,504) |
Adjustments to reconcile net loss to net cash used by operating activities | ' | ' |
Non cash interest expense - capital contribution | 0 | 25 |
Amortization expense | 4,113 | 1,823 |
Stock-based compensation | 32,983 | 0 |
Gain on settlement of debt | -17,344 | 0 |
Changes in operating assets and liabilities: | ' | ' |
Prepaid expenses | 1,000 | 0 |
Accrued interest, related party | 0 | 972 |
Accounts payables and accrued liabilities | 71,295 | 137,143 |
Accounts payable, related party | 0 | 66,436 |
Net cash used in operating activities | -204,100 | -3,105 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | ' |
Acquisition of property option | -47,600 | 0 |
Website development | 0 | -16,500 |
Net cash used in investing activities | -47,600 | -16,500 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | ' |
Proceeds from the sale of preferred stock | 100,000 | 0 |
Proceeds from note payable | 122,201 | 0 |
Proceeds from advances, related party | 79,121 | 20,000 |
Net Cash Provided by Financing Activates | 301,322 | 20,000 |
Net change in cash and cash equivalents | 49,622 | 395 |
Cash and cash equivalents, beginning of period | 692 | 368 |
Cash and cash equivalents, end of period | 50,314 | 763 |
Non-cash transactions: | ' | ' |
Issuance of common shares for debt | 12,500 | 0 |
Issuance of preferred shares for debt | 25,689 | 0 |
Gain from foreign exchange | 0 | 2,381 |
Property option payment in accounts payable | 20,000 | 0 |
Preferred stock dividend | 11,862 | 0 |
Capital Contribution | $2,911 | $0 |
Basis_of_Presentation
Basis of Presentation | 9 Months Ended |
31-May-14 | |
Basis of Presentation [Text Block] | ' |
Note 1 - Basis of Presentation | |
While the information presented in the accompanying May 31, 2014 financial statements is unaudited, it includes all adjustments which are, in the opinion of management, necessary to present fairly the financial position, results of operations and cash flows for the period presented in accordance with the accounting principles generally accepted in the United States of America. In the opinion of management, all adjustments considered necessary for a fair presentation of the results of operations and financial position have been included and all such adjustments are of a normal recurring nature. These financial statements should be read in conjunction with the Company’s August 31, 2013 audited financial statements (notes thereto) included in the Company’s Annual Report Form 10-K. Operating results for the nine months ended May 31, 2014 are not necessarily indicative of the results that can be expected for the year ending August 31, 2014. | |
In the quarter ending May 31, 2014, the Company has elected to early adopt Accounting Standards Update No. 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements. The adoption of this ASU allows the Company to remove the inception to date information and all references to development stage. |
Nature_of_Operations_and_Abili
Nature of Operations and Ability to Continue as a Going Concern | 9 Months Ended |
31-May-14 | |
Nature of Operations and Ability to Continue as a Going Concern [Text Block] | ' |
Note 2 - Nature of Operations and Ability to Continue as a Going Concern | |
These financial statements have been prepared in accordance with generally accepted accounting principles applicable to a going concern, which assumes that the Company will be able to meet its obligations and continue its operations for its next fiscal year. Realization values may be substantially different from carrying values as shown and these financial statements do not give effect to adjustments that would be necessary to the carrying values and classification of assets and liabilities should the Company be unable to continue as a going concern. The Company has yet to achieve profitable operations, has accumulated losses of $814,869 since its inception and expects to incur further losses in the development of its business, all of which casts substantial doubt about the Company’s ability to continue as a going concern. | |
The Company’s ability to continue as a going concern is dependent upon its ability to generate future profitable operations and/or to obtain the necessary financing from shareholders or other sources to meet its obligations and repay its liabilities arising from normal business operations when they become due. Management has no formal plan in place to address this concern but considers that the Company will be able to obtain additional funds by equity financing and/or related party advances, however there is no assurance of additional funding being available or on acceptable terms, if at all. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event the company cannot continue in existence. |
Summary_of_Significant_Account
Summary of Significant Accounting Policies | 9 Months Ended |
31-May-14 | |
Summary of Significant Accounting Policies [Text Block] | ' |
Note 3 Summary of Significant Accounting Policies | |
Mineral Property Option | |
The Company is primarily engaged in the acquisition, exploration and development of mineral properties. | |
Mineral property acquisition costs are capitalized in accordance with FASB ASC 930, “Extractive Activities-Mining,” when management has determined that probable future benefits consisting of a contribution to future cash inflows have been identified and adequate financial resources are available or are expected to be available as required to meet the terms of property acquisition and budgeted exploration and development expenditures. Mineral property acquisition costs are expensed as incurred if the criteria for capitalization are not met. | |
In the event that mineral property acquisition costs are paid with Company shares, those shares are recorded at the estimated fair value at the time the shares are due in accordance with the terms of the property agreements. | |
Mineral property exploration costs are expensed as incurred. | |
When it has been determined that a mineral property can be economically developed as a result of establishing proven and probable reserves and pre-feasibility, the costs incurred to develop such property are capitalized. | |
Estimated future removal and site restoration costs, when determinable are provided over the life of proven reserves on a units-of-production basis. Costs, which include production equipment removal and environmental remediation, are estimated each period by management based on current regulations, actual expenses incurred, and technology and industry standards. Any charge is included in exploration expense or the provision for depletion and depreciation during the period and the actual restoration expenditures are charged to the accumulated provision amounts as incurred. | |
When it has been determined that a mineral property can be economically developed as a result of establishing proven and probable reserves and pre-feasibility, the costs incurred to develop such property are capitalized. | |
Estimated future removal and site restoration costs, when determinable are provided over the life of proven reserves on a units-of-production basis. Costs, which include production equipment removal and environmental remediation, are estimated each period by management based on current regulations, actual expenses incurred, and technology and industry standards. Any charge is included in exploration expense or the provision for depletion and depreciation during the period and the actual restoration expenditures are charged to the accumulated provision amounts as incurred. | |
Asset Retirement Obligations | |
Asset retirement obligations (“ARO”) associated with the retirement of a tangible long-lived asset, are recognized as liabilities in the period in which it is incurred and becomes determinable, with an offsetting increase in the carrying amount of the associated assets. The cost of tangible long-lived assets, including the initially recognized ARO, is amortized, such that the cost of the ARO is recognized over the useful life of the assets. The ARO is recorded at fair value, and accretion expense is recognized over time as the discounted fair value is accreted to the expected settlement value. | |
The fair value of the ARO is measured using expected future cash flow, discounted at the Company’s credit-adjusted risk-free interest rate. As of May 31, 2014 the Company has determined no provision for ARO’s is required. |
Related_Party_Transactions
Related Party Transactions | 9 Months Ended |
31-May-14 | |
Related Party Transactions [Text Block] | ' |
Note 4 - Related Party Transactions | |
During the quarter ended May 31, 2014, the Company retired $12,500 portion of a $20,000 note owed to the Company's CEO in exchange for 1.25 billion common shares which had a fair value of $12,500. Additionally, accrued interest of $2,911 relating to this note was forgiven. The remaining $7,500 balance bears no interest and is due within one year. | |
On December 16, 2013, Laredo Resources Corp. entered into a one year consulting agreement with Olie Inc. in exchange for 100,000 shares of Laredo’s Series B preferred shares with a fair value of $21,613. Robert Gardner, CEO of Laredo is the sole officer and majority shareholder of Olie Inc. | |
During the nine months ended May 31, 2014, the company was advanced $79,121 from the Company’s CEO. Additionally, the CEO performed management services for the company in the amount of $56,700. |
Notes_Payable
Notes Payable | 9 Months Ended |
31-May-14 | |
Notes Payable [Text Block] | ' |
Note 5 - Notes Payable | |
As of May 31, 2014, the Company owes $122,201 to third parties. $48,030 of this amount is non-interest bearing and due on demand. The remaining $74,271 portion is non-interest bearing and is due on May 31, 2015. |
Advance_for_Mineral_Property_O
Advance for Mineral Property Option | 9 Months Ended |
31-May-14 | |
Advance for Mineral Property Option [Text Block] | ' |
Note 6 - Advance for Mineral Property Option | |
On September 6, 2013, Laredo bought the mineral rights to the Pony Mountain Gold Property from a third party, Magna Management Ltd. During the quarter ending May 31, 2014, the Company paid $47,600 to Magna Management Ltd. The total purchase price for these rights is $3,000,000. However, the Company does not have title to the property and, therefore, has only recorded payments made through May 31, 2014 toward the total purchase price in the financial statements. |
Capital_Stock
Capital Stock | 9 Months Ended |
31-May-14 | |
Capital Stock [Text Block] | ' |
Note 7 - Capital Stock | |
Each share of Series A preferred stock is convertible into the number of shares of common stock equal to four times the sum of all shares of common stock issued and outstanding plus all shares of Series B, C and D preferred stock issued and outstanding divided by the number of shares of Series A preferred stock issued and outstanding at the time of conversion. There are no Series A or D shares issued or outstanding. | |
Each share of Series B and C preferred stock is convertible into 100,000 common shares. Shares of Series B and C preferred stock may not be converted into shares of common stock for a period of twelve months from each issuance. The holders of Series C preferred stock are entitled to receive dividends when, and if declared by the Board of Directors, in its sole discretion. The company estimated the fair value of preferred stock and common stock using an enterprise valuation model based on current selling prices of comparable non-operating public shell companies. | |
During the past 9 months: | |
Laredo changed the number of authorized shares of common stock to 3,000,000,000 and changed the par value from $0.001 to $0.00001. All disclosures have been restated to reflect the change in par value. | |
Laredo issued 700,000,000 common shares to various consultants for services rendered. These shares were valued at the fair market trading value, in the amount of $11,369 at each date of grant. | |
Laredo issued 100,000 Series B Preferred shares to Olie Inc. with a fair market price of $21,613 in exchange for a one year consulting contract. | |
Laredo issued 5,138 Series C Preferred were issued in exchanged for outstanding debt and accrued interest of $25,689. The common shares had a fair value of $8,345 and the difference was recorded as a gain on settlement of debt. | |
Laredo issued 1.25 billion common shares to its CEO in payment for $12,500 debt. The shares had a fair market value of $12,500. | |
Laredo issued 40,000 Series C Preferred shares in exchange for $100,000 of third party cash. Each preferred share was priced at $2.50. | |
On April 19, 2014 Laredo Resources declared a stock dividend of 1 restricted Series B Preferred Share per every 100,000 common shares held as of record date April 19, 2014 and payable on May 6, 2014. No partial shares were granted. The preferred shares had a fair value of $11,862 at the date of grant. |
Subsequent_Events
Subsequent Events | 9 Months Ended |
31-May-14 | |
Subsequent Events [Text Block] | ' |
Note 8 - Subsequent Events | |
In accordance with ASC 855-10, management has evaluated subsequent events through the date the financial statements were issued. | |
On July 2, 2014 De Joya Griffith, LLC ("De Joya") officially resigned as the Company's independent registered public accounting firm effective immediately. Laredo Resources Corp. engaged MaloneBaily, LLP as the Company's independent registered public accounting firm for the year ended August 31, 2014, to be effective immediately as of July 2, 2014. |
Summary_of_Significant_Account1
Summary of Significant Accounting Policies (Policies) | 9 Months Ended |
31-May-14 | |
Mineral Property option [Policy Text Block] | ' |
Mineral Property Option | |
The Company is primarily engaged in the acquisition, exploration and development of mineral properties. | |
Mineral property acquisition costs are capitalized in accordance with FASB ASC 930, “Extractive Activities-Mining,” when management has determined that probable future benefits consisting of a contribution to future cash inflows have been identified and adequate financial resources are available or are expected to be available as required to meet the terms of property acquisition and budgeted exploration and development expenditures. Mineral property acquisition costs are expensed as incurred if the criteria for capitalization are not met. | |
In the event that mineral property acquisition costs are paid with Company shares, those shares are recorded at the estimated fair value at the time the shares are due in accordance with the terms of the property agreements. | |
Mineral property exploration costs are expensed as incurred. | |
When it has been determined that a mineral property can be economically developed as a result of establishing proven and probable reserves and pre-feasibility, the costs incurred to develop such property are capitalized. | |
Estimated future removal and site restoration costs, when determinable are provided over the life of proven reserves on a units-of-production basis. Costs, which include production equipment removal and environmental remediation, are estimated each period by management based on current regulations, actual expenses incurred, and technology and industry standards. Any charge is included in exploration expense or the provision for depletion and depreciation during the period and the actual restoration expenditures are charged to the accumulated provision amounts as incurred. | |
When it has been determined that a mineral property can be economically developed as a result of establishing proven and probable reserves and pre-feasibility, the costs incurred to develop such property are capitalized. | |
Estimated future removal and site restoration costs, when determinable are provided over the life of proven reserves on a units-of-production basis. Costs, which include production equipment removal and environmental remediation, are estimated each period by management based on current regulations, actual expenses incurred, and technology and industry standards. Any charge is included in exploration expense or the provision for depletion and depreciation during the period and the actual restoration expenditures are charged to the accumulated provision amounts as incurred. | |
Asset Retirement Obligations [Policy Text Block] | ' |
Asset Retirement Obligations | |
Asset retirement obligations (“ARO”) associated with the retirement of a tangible long-lived asset, are recognized as liabilities in the period in which it is incurred and becomes determinable, with an offsetting increase in the carrying amount of the associated assets. The cost of tangible long-lived assets, including the initially recognized ARO, is amortized, such that the cost of the ARO is recognized over the useful life of the assets. The ARO is recorded at fair value, and accretion expense is recognized over time as the discounted fair value is accreted to the expected settlement value. | |
The fair value of the ARO is measured using expected future cash flow, discounted at the Company’s credit-adjusted risk-free interest rate. As of May 31, 2014 the Company has determined no provision for ARO’s is required. |
Nature_of_Operations_and_Abili1
Nature of Operations and Ability to Continue as a Going Concern (Narrative) (Details) (USD $) | 31-May-14 |
Accumulated losses | $814,869 |
Related_Party_Transactions_Nar
Related Party Transactions (Narrative) (Details) (USD $) | 9 Months Ended | 0 Months Ended | |||
31-May-14 | Aug. 31, 2013 | 31-May-14 | 31-May-14 | Dec. 16, 2013 | |
CEO [Member] | CEO [Member] | Series B Preferred Stock [Member] | |||
Management Services [Member] | |||||
Advances from related party | $185,022 | $105,901 | $79,121 | ' | ' |
Debt retired | 12,500 | ' | ' | ' | ' |
Due to related party | 20,000 | ' | ' | 56,700 | ' |
Common stock, fair value | 12,500 | ' | ' | ' | ' |
Restricted common stock issued | 1,250,000,000 | ' | ' | ' | ' |
Accured interest | 2,911 | ' | ' | ' | ' |
Notes payable, related party | 7,500 | 20,000 | ' | ' | ' |
Consulting agreement amount | ' | ' | ' | ' | $21,613 |
Stock issued for consulting agreement | ' | ' | ' | ' | 100,000 |
Notes_Payable_Narrative_Detail
Notes Payable (Narrative) (Details) (USD $) | 31-May-14 |
Notes payable, due to third parties | $122,201 |
Non-Interest Bearing [Member] | ' |
Notes payable, due to third parties | 48,030 |
Inerest Bearing [Member] | ' |
Notes payable, due to third parties | $74,271 |
Advance_for_Mineral_Property_O1
Advance for Mineral Property Option (Narrative) (Details) (Magna [Member], USD $) | 9 Months Ended |
31-May-14 | |
Magna [Member] | ' |
Purchase price of rights | $3,000,000 |
Payments for mineral rights | $47,600 |
Capital_Stock_Narrative_Detail
Capital Stock (Narrative) (Details) (USD $) | 3 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 0 Months Ended | |||||||||||
31-May-14 | 31-May-13 | 31-May-14 | 31-May-13 | Nov. 30, 2013 | Aug. 31, 2013 | 31-May-14 | 31-May-14 | 31-May-14 | Aug. 31, 2013 | 31-May-14 | 31-May-14 | Dec. 16, 2013 | 31-May-14 | Aug. 31, 2013 | 31-May-14 | |
Consulting Services Rendered [Member] | Restricted Stock [Member] | Series C convertible preferred stock [Member] | Series C convertible preferred stock [Member] | Series C convertible preferred stock [Member] | Series C convertible preferred stock [Member] | Series B Preferred Stock [Member] | Series B Preferred Stock [Member] | Series B Preferred Stock [Member] | Series B Preferred Stock [Member] | |||||||
Convertible Debt [Member] | Third Party Cash [Member] | Consulting Contract [Member] | ||||||||||||||
Per share amount | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $2.50 | ' | ' | ' | ' |
Shares conversion amount | ' | ' | 100,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Common Stock, Shares Authorized | 3,000,000,000 | ' | 3,000,000,000 | ' | 3,000,000,000 | 3,000,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Common Stock, Par or Stated Value Per Share | $0.00 | ' | $0.00 | ' | $0.00 | $0.00 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Stock issued for consulting agreement | ' | ' | ' | ' | ' | ' | 700,000,000 | ' | ' | ' | ' | ' | 100,000 | ' | ' | ' |
Stock Issued During Period, Value, Issued for Services | ' | ' | ' | ' | ' | ' | $11,369 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Common shares, fair value | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 8,345 | ' | ' | ' | ' | ' |
Preferred stock, Issued | ' | ' | ' | ' | ' | ' | ' | ' | 45,138 | 45,138 | 5,138 | 40,000 | ' | 118,283 | 118,283 | 100,000 |
Preferred Stock, Value, Issued | ' | ' | ' | ' | ' | ' | ' | ' | 1 | 0 | 25,689 | 100,000 | ' | 1 | 0 | 21,613 |
Restricted common stock issued | ' | ' | 1,250,000,000 | ' | ' | ' | ' | 1,250,000,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Restricted common stock, value | ' | ' | ' | ' | ' | ' | ' | 12,500 | ' | ' | ' | ' | ' | ' | ' | ' |
Preferred Stock, Dividend Terms | ' | ' | '1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Preferred stock dividends | $11,862 | $0 | $11,862 | $0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |