Item 2. Unregistered Sales of Equity Securities
Item
2. Unregistered Sales of Equity Securities and Use of Proceeds.
During
the six months ended March 31, 2023, 39,016 shares of the Company’s common stock have been issued to satisfy $31,331 of notes payable,
$168,669 in accrued interest, and $32,145 of excess value of shares issued recorded as interest expense.
During
the three and six months ended March 31, 2023, 15,529 shares of the Company’s common stock have been issued in exchange for services
valued at $102,500.
Subsequent
to the reporting period, the Company issued an aggregate of 56,966 shares of common stock to settle $425,000 of notes payable and accrued
interest, and $140,325 of excess value of shares issued recorded as interest expense.
Such
shares were issued pursuant to the exemption contained under Section 4(a)(2) of the Securities Act of 1933, as amended.
Item 3. Defaults Upon Senior Securities
None.
Item
4. Mine Safety Disclosures
N/A
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