Unregistered Sales of Equity Securities
−Removed: January 21, 2020, our Registration Statement on Form 1-A was qualified with the Securities and Exchange Commission, under which we may
−Removed: offer up to 300,000,000 shares of our common stock at a purchase price of $.03 per share.
−Removed: As of the date hereof, 4,523,333 shares of
−Removed: common stock have been issued thereunder.
−Removed: January 30, 2020 we issued 1,700,000 shares of our common stock at a purchase price of $.02 per share, as settlement in full of a note
−Removed: payable of in the amount of $36,500 with accrued interest of 19,721.
−Removed: As a result we recognized a gain in the amount of $22,221 in the
−Removed: 1 st quarter of 2020.
−Removed: February 4, 2020 we issued 2,000,000 shares of our common stock at a price of $.04 per share, in exchange for the conversion of 800 shares
−Removed: of our Series D Preferred Stock.
−Removed: July 23, 2020 we issued 3,000,000 shares of our common stock at a price of $.04 per share, in exchange for the conversion of 1,200 shares
−Removed: of our Series D Preferred Stock.
−Removed: February 5, 2021 we issued 3,000,000 shares of our common stock at a price of $.08 per share, in exchange for the conversion of 1,200
−Removed: shares of our Series D Preferred Stock.
−Removed: February 9, 2021 we issued 2,275,662 shares of our common stock share, in exchange for the conversion of $182,052 of accrued dividend
−Removed: for the series D Preferred Stock.
−Removed: March 12, 2021 we issued 1,625,000 shares and 2,068,588 of our common stock at a price of $.08 per share, in exchange for the conversion
−Removed: of 650 shares of our Series D Preferred Stock and 165,487 of accrued dividend for the series D preferred stock.
−Removed: June 28, 2021 MGW I converted $75,000 from the outstanding balance of their convertible note into 25,000,000 shares of company’s
−Removed: common stock.
−Removed: September 2, 2021 the company issued 1,142,459 as inducement shares.
−Removed: To GHS Investment for the equity line of credit at $0.0475 per share.
−Removed: September 13, 2021 the company issued 1,100,630 as issuance correction.
−Removed: To GHS Investment for the equity line of credit at $0.0475 per
−Removed: December 31,2021 the company issued 9,833,750 at a purchase price of $0.08 pre the 1A subscription agreement.
+Added: the quarter ended March 31, 2022, we issued 78,896 shares of common stock, under S-1 registration statement with GHS for a total of $134,755
+Added: in net proceeds and expensed $45,498 in legal and financing fees as a result.
February 21, 2022, we issued 375,875 shares of our common stock under our Reg A offering at $3.20 per share.
1 unchanged sentence
and free trading.
−Removed: On September 21, 2021 MGW I converted $1,548,904 from
−Removed: the outstanding balance of their convertible note into 516,301,343 shares of company’s common stock.
+Added: April of 2022, we issued 122,891 shares of common stock, under S-1 registration statement with GHS for a total of $153,324 in net proceeds
+Added: and expensed $34,500 in legal and financing fees as a result.
+Added: September 21, 2022, MGW I converted $1,548,904 from the outstanding balance of their convertible note into 12,907,534 shares of company’s
+Added: common stock.
+Added: May 6, 2022, the Company entered into a Securities Purchase Agreement and a warrant agreement with Mast Hill, L.P.
+Added: pursuant to which the Company issued to Mast Hill the Company issued Mast Hill a five-year warrant to purchase 234,375 shares of common
+Added: stock in connections with the transactions.
+Added: December 28, 2022, Mast Hill exercised their warrant in full on a cashless basis to purchase 100,446 shares of Common Stock.
securities were issued pursuant to Section 4(2) of the Securities Act and/or Rule 506 promulgated thereunder.
6 unchanged sentences
Defaults upon Senior Securities
−Removed: are currently in default on the payment of $1,200,000, to the balance of the purchase price pursuant to our asset purchase agreement
−Removed: with General Electric International, due to a combination of our inability to raise sufficient capital as expected and our belief that
−Removed: we are entitled to a reduction in purchase price we paid.
−Removed: are also in default of $187,285 payments of principal and interest on our notes payable to Cybernaut Zfounder Ventures.
Mine Safety Disclosures
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.