8. Stockholders' Equity	3 Months Ended
Mar. 31, 2020
Equity [Abstract]
Stockholders' Equity	NOTE 8. STOCKHOLDERS’ EQUITY There are 10,000,000 shares of preferred stock authorized with a $.001 par value, of which no shares are issued and outstanding. There are 190,000,000 shares of common stock authorized with a par value of $0.001 per share, of which 13,929,581 shares are issued and outstanding. In January 2017, the Company entered into a 36-month warehouse lease with Rick Ware Leasing, LLC, payable in 1,200,000 shares of the Company’s common stock (400,000 shares annually). As of December 31, 2019 and March 31, 2020, the remaining 800,000 shares valued at $120,000 have not been issued and are reported within stockholders deficit on the balance sheet. The lease agreement expired December 31, 2019 and was not renewed. See Note 9 for equity transactions with related parties. There were no issuances of preferred or common stock during the three months ended March 31, 2020.

8. Stockholders' Equity

3 Months Ended

Mar. 31, 2020

NOTE 8. STOCKHOLDERS’ EQUITY

There are 10,000,000 shares of preferred stock authorized with a $.001 par value, of which no shares are issued and outstanding.

There are 190,000,000 shares of common stock authorized with a par value of $0.001 per share, of which 13,929,581 shares are issued and outstanding.

In January 2017, the Company entered into a 36-month warehouse lease with Rick Ware Leasing, LLC, payable in 1,200,000 shares of the Company’s common stock (400,000 shares annually). As of December 31, 2019 and March 31, 2020, the remaining 800,000 shares valued at $120,000 have not been issued and are reported within stockholders deficit on the balance sheet. The lease agreement expired December 31, 2019 and was not renewed. See Note 9 for equity transactions with related parties.

There were no issuances of preferred or common stock during the three months ended March 31, 2020.

RC-1, Inc. 10-Q