Item 5. Market for Registrant’s Common Equity
ITEM
5. MARKET FOR REGISTRANT’S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Our
common stock is quoted on the OTCQB tier of the OTC Markets Group, Inc. under the symbol, “BTTC.” The OTC Market is a network of security dealers who buy and sell stock.
The dealers are connected by a computer network that provides information on current “bids” and “asks”, as well
as volume information.
The following table sets
forth trading information for our common stock for the periods indicated, as quoted on the OTCQB. These quotations reflect
inter-dealer prices, without retail mark-up, mark-down or commission and may not necessarily represent actual transactions.
Low Trading Price
High Trading Price
Period
($)
($)
Year Ended December 31, 2022
Fourth Quarter (December 31, 2022)
0.02
0.14
Third Quarter (September 30, 2022)
0.10
0.19
Second Quarter (June 30, 2022)
0.09
0.45
First Quarter (March 31, 2022)
0.07
0.18
Year Ended December 31, 2021
Fourth Quarter (December 31, 2021)
0.05
0.21
Third Quarter (September 30, 2021)
0.15
0.42
Second Quarter (June 30, 2021)
0.06
0.43
First Quarter (March 31, 2021)
0.03
0.19
Record
Holders
As of December 31, 2022 there were approximately 115
record holders of our common stock. The number of record holders does not include beneficial owners of common stock whose shares are held
in the names of banks, brokers, nominees or other fiduciaries. We believe there are approximately 550 shareholders as of December 31,
2022.
Dividend Policy
We have not declared or paid any dividends on our common stock since our
inception. We currently intend to reinvest all cash resources to finance the development and growth of our business. As a result, we do
not intend to pay dividends on our common stock in the foreseeable future. Any future determination to pay dividends will be at the discretion
of our board of directors and will depend on the financial condition, earnings, legal requirements, restrictions in its debt agreements
and any other factors that our board of directors deems relevant. In addition, as a holding company, our ability to pay dividends depends
on our receipt of cash dividends from our operating subsidiaries, which may further restrict our ability to pay dividends as a result
of the laws of their respective jurisdictions of organization, agreements of our subsidiaries or covenants under future indebtedness that
we or our subsidiaries may incur.
[Unregistered
Sales of Securities]
The
following information represents securities sold by us that has not been previously included in a Quarterly Report on Form 10-Q or a
Current Report on Form 8-K which were not registered under the Securities Act. Included are new issues, securities issued in exchange
for property, services or other securities, securities issued upon conversion from our other share classes and new securities resulting
from the modification of outstanding securities. We issued all of the securities listed below pursuant to the exemption from registration
provided by Section 4(a)(2) of the Securities Act, or Regulation D or Regulation S promulgated thereunder.
On
April 19, 2022, the Company issued 4,635,720 shares of its Common Stock to an individual as compensation for future services at a fair
value price on the date of issuance of $0.10 per share. The shares vest 25% on each April 18 commencing on April 18, 2023 so long as
the individual is providing services to the Company or one of its subsidiaries.
On
April 14, 2022, the Company issued 3,348,000 shares of its Common Stock to an individual as compensation for future services at a fair
value price on the date of issuance of $0.10 per share. 1,802,769 shares vest on April 13, 2023 and 515,077 shares vest on April 13,
2024, April 13, 2025, and April 13, 2026 so long as the individual is providing services to the Company or one of its subsidiaries.
During August 2022 and October 2022, the Company sold
a total of 1,500,000 shares of its unregistered common stock to four accredited investors for $0.10 per share for total gross proceeds
of $150,000.
Equity
Compensation Plan Information
As
of December 31, 2022, we do not have any compensation plans under which our equity securities are authorized for issuance.
ITEM
6. RESERVED
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.