Stockholders' Equity

12 Months Ended

Dec. 31, 2016

Stockholders' Equity Note Disclosure [Text Block]

Stockholders' Equity

On May 24, 2015, the Company increased the amount of authorized common shares from 100 to 200,000,000 with a par value of $0.001 per share. On October 8, 2015, the Company amended the par value from $0.001 per share to $0.0001 per share.

On July 30, 2015, the Company issued 600,000 shares of common stock with a fair value of $30,000 to a non-related third party as compensation for legal services.

On July 30, 2015, the Company issued 350,000 shares of common stock with a fair value of $17,500 to a consultant as compensation for consulting services.

On August 30, 2015, the Company issued 59,250,000 shares of common stock with a fair value of $83,898 to the President of the Company as compensation for management services. The value is determined by the weighted average price of common stock sold for cash during the year.

On November 18, 2015, the Company issued 200,000 shares of common stock with a fair value of $10,000 to the Chief Financial Officer of the Company as compensation for management services.

During the year ended December 31, 2015, the Company issued 15,733,320 shares of common stock for cash proceeds of $51,666, of which $11,000 has not been received as at December 31, 2015 and is classified as a subscription receivable.

During the year ended December 31, 2016, the Company issued 480,000 shares of common stock at $0.05 per share for cash proceeds of $24,000.

During the year ended December 31, 2016, the Company issued 35,000 shares of common stock at $0.10 per share for cash proceeds of $3,500.

During the year ended December 31, 2016, the Company received cash proceeds of $11,000 from the collection of a subscription receivable.

During the year ended December 31, 2016, the Company issued 5,000 shares of common stock with a fair value of $250 to a new board member as compensation for consulting services.

During the year ended December 31, 2016, the Company issued 200,000 shares of common stock with a fair value of $10,000 to a non-related third party as compensation for marketing services.

During the year ended December 31, 2016, the Company issued 125,000 shares of common stock with a fair value of $6,250 to a non-related third party as compensation for legal services.

The Company is authorized to issue up to 30,000,000 preferred shares, no shares of which are outstanding. The Company has not yet set the rights and preferences of the preferred shares.

- 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.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
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Reference 2: http://www.xbrl.org/2003/role/presentationRef
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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Reference 5: http://www.xbrl.org/2003/role/presentationRef
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
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Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Preferred Stock
-URI http://asc.fasb.org/extlink&oid=6521494

Reference 12: http://www.xbrl.org/2003/role/presentationRef
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Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section E

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
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+ Details

Dynamic Enviro Inc. 10-K