5 unchanged sentences
retail mark up, markdown or commissions and may not represent actual transactions.
−Removed: Year Ended June 30,
+Added: Fiscal Year Ended June 30,
First Fiscal Quarter
7 unchanged sentences
The transfer agent for our common stock is Equiniti
−Removed: 3200 Cherry Creek Drive South, Suite 430, Denver, Colorado 80209.
+Added: Trust Company, 1110 Centre Pointe Curve, Ste # 101, Mendota Heights, MN 55120.
(c) Dividends
28 unchanged sentences
Plan in any calendar year shall not exceed $1,500,000.
−Removed: As of June 30, 2023 12,006,600 options have been granted and outstanding under
−Removed: the Plan (as amended), including all options granted under prior merged plans, and were merged into the 2021 Equity Incentive Plan.
+Added: As of June 30, 2024 5,001,600 options have been granted and outstanding under the
+Added: Plan (as amended), including all options granted under prior merged plans, and were merged into the 2021 Equity Incentive Plan.
of June 30, 2024, the Company had no outstanding contingent Stock Bonuses.
14 unchanged sentences
2006 Equity Compensation Plan table
−Removed: Plan category
−Removed: Number of securities to be issued upon the exercise
−Removed: of outstanding options, warrants
−Removed: Weighted average exercise price of outstanding options, warrants and rights
−Removed: Number of Securities remaining available for future issuance under equity compensation plans
+Added: Number of securities to be issued upon the
+Added: exercise of outstanding options, warrants
+Added: average exercise price of outstanding options, warrants and rights
+Added: of Securities remaining available for future issuance under equity compensation plans
Equity compensation plans
2 unchanged sentences
approved by security holders
−Removed: (e) Recent Sales of Unregister Securities
−Removed: During the year
−Removed: ended June 30, 2023 the Company entered into subscription agreements to sell units for $1.00 per unit, with each unit consisting of one
−Removed: share of the Company’s restricted common stock and one warrant to purchase on share of the Company’s restricted common stock
−Removed: 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.
−Removed: During the year
−Removed: ended June 30, 2023 the Company entered into subscription agreements to sell shares for $1.00 per share and pursuant thereto, the Company
−Removed: issued 2,000,000 of the Company’s restricted common stock for total proceeds of $2,000,000.
−Removed: During the year
−Removed: ended June 30, 2023 the Company entered into subscription agreements to sell units for $1.60 per unit, with each unit consisting of one
−Removed: share of the Company’s restricted common stock and one-half warrant to purchase shares of the Company’s restricted common
−Removed: 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
−Removed: $1,560,000, net proceeds of $1,473,600 after commissions of $86,400.
−Removed: During the year
−Removed: 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
−Removed: for total proceeds of $131,335.
−Removed: During the year
−Removed: 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
−Removed: to the 2006 Consolidated Incentive Plan) with each unit consisting of one share of common stock and one warrant to purchase one share
−Removed: of the Company’s stock for $0.75 per share until 12/31/2024.
−Removed: 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
−Removed: at $0.0946 per unit (pursuant to the 2006 Consolidated Incentive Plan) with each unit consisting of one share of common stock and one
−Removed: warrant to purchase one share of the Company’s stock for $0.75 per share until March 2026.
−Removed: During the year ended June 30, 2023 Mark Smith elected to convert $36,573 of his Adjusted 2020 Convertible Obligation into 386,608
−Removed: units at $0.0946 per unit (pursuant to the 2006 Consolidated Incentive Plan) with each unit consisting of one share of common stock and
−Removed: one warrant to purchase one share of the Company’s stock for $0.75 per share until March 2026.
−Removed: the year ended June 30, 2023 the Company issued 82,259 shares for services of $130,000.
−Removed: During the year ended June
−Removed: 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
−Removed: proceeds of $1,736,662, net proceeds of $1,718,061 after commissions of $18,601.
−Removed: During the year
−Removed: 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
−Removed: to the 2006 Consolidated Incentive Plan) with each unit consisting of one share of the common stock and one warrant to purchase one share
−Removed: of the Company’s stock for $0.75 per share until December 31, 2024.
−Removed: During the year
−Removed: ended June 30, 2022, the Company issued 25,000 units at $1.10 per until for services of $27,500.
−Removed: During the year ended June 30, 2021, the Company entered
−Removed: into subscription agreements, under three different offerings, to sell units for $0.50 per unit, with each unit consisting of one share
−Removed: of the Company’s restricted common stock and one warrant to purchase one share of the Company’s restricted common stock for
−Removed: $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
−Removed: $1,860,000, net proceeds of $1,699,000 after commissions of $161,000.
−Removed: During the year ended June 30, 2021 300,000 shares
−Removed: of the Company’s restricted company stock were sold to an investor for $300,000.
−Removed: During the year ended June 30, 2021, 129,364 shares
−Removed: of its unregistered common stock were issued as commissions.
−Removed: During the year ended June 30, 2021, the company issued
−Removed: 1,186,824 units to various employees/consultants upon the conversion of debt pursuant to the 2006 Consolidated Incentive Plan with
−Removed: 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
−Removed: share until June 30, 2023.
−Removed: During the year ended June 30, 2021, Mark Smith elected
−Removed: to convert deferred compensation, accrued interest and accounts payable of $124,698, $3,342 and $52,360 respectively into an aggregate
−Removed: 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
−Removed: 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 30, 2021, the Company issued
−Removed: 144,000 units to Mr.
−Removed: Smith for salary of $72,000, pursuant to the 2006 Consolidated Incentive Plan with each unit consisting of one share
−Removed: 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 30, 2021, 4,065,988 warrants
−Removed: 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.