Share Capital	3 Months Ended
Mar. 31, 2023
Share Capital
Share Capital	Note 4 – Share Capital Common Stock The Company is authorized to issue 3,500,000,000 shares of common stock with a par value of $0.001. All shares have equal voting rights, are non-assessable and have one vote per share. During the year ended December 31, 2022 the Company issued, for $259,500 cash, 8,833,334 of its common restricted shares to two investors, booked at a cost of $0.03 per share. During the year ended December 31, 2022, the Company issued, 16,600,000 of its common restricted shares to nine service providers, booked at a total cost of $906,400 or $0.055 per share. On March 23, 2023, the Company issued 827,363,007 of its restricted common shares to an investor for $12,000,000 cash. Preferred Stock The Company is authorized to issue 50,000,000 shares of preferred stock with a par value of $0.001. On May 24, 2018, the Company issued 30,000,000 shares of Preferred Stock. These preferred shares carry voting rights of 100 shares of common stock for each preferred share. These are the only preferred shares outstanding at March 31, 2023 and December 31, 2022.

Share Capital

3 Months Ended

Mar. 31, 2023

Note 4 – Share Capital

Common Stock

The Company is authorized to issue 3,500,000,000 shares of common stock with a par value of $0.001. All shares have equal voting rights, are non-assessable and have one vote per share.

During the year ended December 31, 2022 the Company issued, for $259,500 cash, 8,833,334 of its common restricted shares to two investors, booked at a cost of $0.03 per share.

During the year ended December 31, 2022, the Company issued, 16,600,000 of its common restricted shares to nine service providers, booked at a total cost of $906,400 or $0.055 per share.

On March 23, 2023, the Company issued 827,363,007 of its restricted common shares to an investor for $12,000,000 cash.

Preferred Stock

The Company is authorized to issue 50,000,000 shares of preferred stock with a par value of $0.001. On May 24, 2018, the Company issued 30,000,000 shares of Preferred Stock. These preferred shares carry voting rights of 100 shares of common stock for each preferred share. These are the only preferred shares outstanding at March 31, 2023 and December 31, 2022.

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

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+ Details

One World Ventures Inc 10-Q