5 unchanged sentences
retail mark up, markdown or commissions and may not represent actual transactions.
−Removed: Fiscal Year Ended June 30,
+Added: Year Ended June 30,
First Fiscal Quarter
25 unchanged sentences
for $41,000, which included the $21,000 in accrued dividend payable.
−Removed: (d) Securities Authorized for Issuance
−Removed: Under Equity Compensation Plans
+Added: (d) Securities Authorized for Issuance Under
+Added: Equity Compensation Plans
In June 2006 the Company adopted its 2006 Consolidated
28 unchanged sentences
Plan category
−Removed: Number of securities to be issued upon the exercise of outstanding options, warrants
+Added: Number of securities to be issued upon the exercise
+Added: of outstanding options, warrants
Weighted average exercise price of outstanding options, warrants and rights
5 unchanged sentences
(e) Recent Sales of Unregister Securities
−Removed: During the year ended June 30, 2022, 2,315,550 warrants
−Removed: were exercised to purchase 2,315,550 shares of the Company’s common stock at $0.75 per share for total proceeds of $1,736,662, net
−Removed: proceeds of $1,718,061 after commissions of $18,601.
+Added: During the year
+Added: ended June 30, 2023 the Company entered into subscription agreements to sell units for $1.00 per unit, with each unit consisting of one
+Added: share of the Company’s restricted common stock and one warrant to purchase on share of the Company’s restricted common stock
+Added: for $1.25 per share with an expiry date of 12/31/2023, and pursuant thereto, the Company issued 346,230 units for total proceeds of $346,230.
+Added: During the year
+Added: ended June 30, 2023 the Company entered into subscription agreements to sell shares for $1.00 per share and pursuant thereto, the Company
+Added: issued 2,000,000 of the Company’s restricted common stock for total proceeds of $2,000,000.
+Added: During the year
+Added: ended June 30, 2023 the Company entered into subscription agreements to sell units for $1.60 per unit, with each unit consisting of one
+Added: share of the Company’s restricted common stock and one-half warrant to purchase shares of the Company’s restricted common
+Added: stock for $2.40 per share with an expiry date of 6/30/2024 and pursuant thereto, the Company issued 975,000 units for total proceeds of
+Added: $1,560,000, net proceeds of $1,473,600 after commissions of $86,400.
+Added: During the year
+Added: ended June 30, 2023, 175,114 warrants wee exercised to purchase 175,114 shares of the Company’s common stock at $0.75 per share
+Added: for total proceeds of $131,335.
+Added: During the year
+Added: ended June 30, 2023 Mark Smith elected to convert $50,000 of his 2020 Convertible Obligation into 100,000 units at $0.50 per unit (pursuant
+Added: to the 2006 Consolidated Incentive Plan) with each unit consisting of one share of common stock and one warrant to purchase one share
+Added: of the Company’s stock for $0.75 per share until 12/31/2024.
+Added: During the year ended June 30, 2023 Mark Smith elected to convert $99,889 of his Adjusted 2020 Convertible Obligation into 1,055,906 units
+Added: at $0.0946 per unit (pursuant to the 2006 Consolidated Incentive Plan) with each unit consisting of one share of common stock and one
+Added: warrant to purchase one share of the Company’s stock for $0.75 per share until March 2026.
+Added: During the year ended June 30, 2023 Mark Smith elected to convert $36,573 of his Adjusted 2020 Convertible Obligation into 386,608
+Added: units at $0.0946 per unit (pursuant to the 2006 Consolidated Incentive Plan) with each unit consisting of one share of common stock and
+Added: one warrant to purchase one share of the Company’s stock for $0.75 per share until March 2026.
+Added: the year ended June 30, 2023 the Company issued 82,259 shares for services of $130,000.
During the year ended June
−Removed: 30, 2022, 66,860 shares of its unregistered common stock were issued as commissions.
+Added: 30, 2022, 2,315,550 warrants were exercised to purchase 2,315,550 shares of the Company’s common stock at $0.75 per share for total
+Added: proceeds of $1,736,662, net proceeds of $1,718,061 after commissions of $18,601.
+Added: During the year
+Added: ended June 30, 2022, Smith elected to convert accounts payable of $17,711 into an aggregate of 35,424 units at $0.50 per unit (pursuant
+Added: to the 2006 Consolidated Incentive Plan) with each unit consisting of one share of the common stock and one warrant to purchase one share
+Added: of the Company’s stock for $0.75 per share until December 31, 2024.
+Added: During the year
+Added: ended June 30, 2022, the Company issued 25,000 units at $1.10 per until for services of $27,500.
+Added: During the year ended June 30, 2021, the Company entered
+Added: into subscription agreements, under three different offerings, to sell units for $0.50 per unit, with each unit consisting of one share
+Added: of the Company’s restricted common stock and one warrant to purchase one share of the Company’s restricted common stock for
+Added: $0.75 per share with an expiry date of December 31, 2021 and pursuant thereto, the Company issued 3,720,000 units for total proceeds of
+Added: $1,860,000, net proceeds of $1,699,000 after commissions of $161,000.
+Added: During the year ended June 30, 2021 300,000 shares
+Added: of the Company’s restricted company stock were sold to an investor for $300,000.
+Added: During the year ended June 30, 2021, 129,364 shares
+Added: of its unregistered common stock were issued as commissions.
+Added: During the year ended June 30, 2021, the company issued
+Added: 1,186,824 units to various employees/consultants upon the conversion of debt pursuant to the 2006 Consolidated Incentive Plan with
+Added: each unit consisting of one share of the common stock and one warrant to purchase one share of the Company’s stock for $0.75 per
+Added: share until June 30, 2023.
During the year ended June 30, 2021, Mark Smith elected
−Removed: to convert accounts payable of $17,711 into an aggregate of 35,424 units at $0.50 per unit, pursuant to the 2006 Consolidated Incentive
−Removed: Plan with each unit consisting of one share of the common stock and one warrant to purchase one share of the Company’s stock for
−Removed: $0.75 per share until December 31, 2024.
+Added: to convert deferred compensation, accrued interest and accounts payable of $124,698, $3,342 and $52,360 respectively into an aggregate
+Added: of 360,805 units at $0.50 per unit, pursuant to the 2006 Consolidated Incentive Plan with each unit consisting of one share of the common
+Added: stock and one warrant to purchase one share of the Company’s stock for $0.75 per share until December 31, 2024.
During the year ended June 30, 2021, the Company issued
−Removed: 25,000 units at $1.10 per until for services of $27,500.
−Removed: During the year ended June
−Removed: 30, 2021, the Company entered into subscription agreements, under three different offerings, to sell units for $0.50 per unit, with each
−Removed: unit consisting of one share of the Company’s restricted common stock and one warrant to purchase one share of the Company’s
−Removed: restricted common stock for $0.75 per share with an expiry date of December 31, 2021 and pursuant thereto, the Company issued 3,720,000
−Removed: units for total proceeds of $1,860,000, net proceeds of $1,699,000 after commissions of $161,000.
−Removed: During the year ended June
−Removed: 30, 2021 300,000 shares of the Company’s restricted company stock were sold to an investor for $300,000.
−Removed: During the year ended June
−Removed: 30, 2021, 129,364 shares of its unregistered common stock were issued as commissions.
−Removed: During the year ended June
−Removed: 30, 2021, the company issued 1,186,824 units to various employees/consultants upon the conversion of debt pursuant to the 2006 Consolidated
−Removed: Incentive Plan with each unit consisting of one share of the common stock and one warrant to purchase one share of the Company’s
−Removed: stock for $0.75 per share until June 30, 2023.
−Removed: During the year ended June
−Removed: 30, 2021, Mark Smith elected to convert deferred compensation, accrued interest and accounts payable of $124,698, $3,342 and $52,360 respectively
−Removed: into an aggregate of 360,805 units at $0.50 per unit, pursuant to the 2006 Consolidated Incentive Plan with each unit consisting of one
−Removed: share of the common stock and one warrant to purchase one share of the Company’s stock for $0.75 per share until December 31, 2024.
−Removed: During the year ended June
−Removed: 30, 2021, the Company issued 144,000 units to Mr.
−Removed: Smith for salary of $72,000, pursuant to the 2006 Consolidated Incentive Plan with each
−Removed: unit consisting of one share of the common stock and one warrant to purchase one share of the Company’s stock for $0.75 per share
−Removed: until December 31, 2024.
−Removed: During the year ended June
−Removed: 30, 2021, 4,065,988 warrants were exercised to purchase 4,065,988 shares of the Company’s common stock at $0.75 per share for total
−Removed: proceeds of $3,049,491.
+Added: 144,000 units to Mr.
+Added: Smith for salary of $72,000, pursuant to the 2006 Consolidated Incentive Plan with each unit consisting of one share
+Added: of the common stock and one warrant to purchase one share of the Company’s stock for $0.75 per share until December 31, 2024.
+Added: During the year ended June 30, 2021, 4,065,988 warrants
+Added: were exercised to purchase 4,065,988 shares of the Company’s common stock at $0.75 per share for total proceeds of $3,049,491.
SELECTED FINANCIAL DATA.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.