STOCKHOLDERS DEFICIT	9 Months Ended
Mar. 31, 2023
STOCKHOLDERS DEFICIT
STOCKHOLDERS DEFICIT	NOTE 8 – STOCKHOLDERS’ DEFICIT (a) Preferred stock The Company was authorized to issue one hundred million (100,000,000) shares of preferred stock, par value $0.001 per share. As of March 31, 2023, one thousand shares of preferred stock have been issued and outstanding. (b) Common stock Shares authorized Upon formation, the total number of shares of all classes of stock which the Company was authorized to issue seventy-five million (75,000,000) shares of common stock, par value of $0.001 per share. On December 15, 2018, the Company increased its authorized common shares to 500,000,000 shares at par value $0.001 per share. Common stock issued On December 6, 2022, the Company issued 75,000 shares of common stock at the price of $0.6 per share to compensate certain directors in rendering services to the Company. On January 6, 2023, the Company issued 36,000 shares of common stock at the price of $0.6 per share to compensate certain directors in rendering services to the Company. As of March 31, 2023 and June 30, 2022, the Company had a total of 109,336,000 and 109,225,000 shares of its common stock issued and outstanding.

STOCKHOLDERS DEFICIT

9 Months Ended

Mar. 31, 2023

NOTE 8 – STOCKHOLDERS’ DEFICIT

(a) Preferred stock

The Company was authorized to issue one hundred million (100,000,000) shares of preferred stock, par value $0.001 per share. As of March 31, 2023, one thousand shares of preferred stock have been issued and outstanding.

(b) Common stock

Shares authorized

Upon formation, the total number of shares of all classes of stock which the Company was authorized to issue seventy-five million (75,000,000) shares of common stock, par value of $0.001 per share. On December 15, 2018, the Company increased its authorized common shares to 500,000,000 shares at par value $0.001 per share.

Common stock issued

On December 6, 2022, the Company issued 75,000 shares of common stock at the price of $0.6 per share to compensate certain directors in rendering services to the Company.

On January 6, 2023, the Company issued 36,000 shares of common stock at the price of $0.6 per share to compensate certain directors in rendering services to the Company.

As of March 31, 2023 and June 30, 2022, the Company had a total of 109,336,000 and 109,225,000 shares of its common stock issued and outstanding.

- 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

Ajia Innogroup Holdings, Ltd. 10-Q