Common and Preferred Stock

6 Months Ended

Sep. 30, 2017

Common and Preferred Stock [Abstract]

Note 4 – Common and Preferred Stock

Our authorized capital stock consists of 1,000,000,000 shares of Common Stock, $0.001 par value per share, and 5,000,000 preferred shares, $0.001 par value.

Shares of Common stock

As at September 30, 2017 and March 31, 2017 there were a total of 26,485,129 shares issued and outstanding.

Preferred Shares

As at September 30, 2017 and March 31, 2017 there were a total of 1,000 preferred shares issued and outstanding. Preferred shares have no dividend rights and:

a.	In the event of any liquidation or winding up of the Company, the Holder of the Series A Preferred Stock shall be issued Five Hundred (500) shares of Common Stock for every share of Series A Preferred Stock; and,

b.	A merger, acquisition, sale of voting control or sale of substantially all of the assets of the Company in which the shareholders of the Company do not own a majority of the outstanding shares of the surviving corporation shall be deemed to be a liquidation.

TRUPAL MEDIA, INC. 10-Q