Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
During the nine months ended September 30, 2024, the Company issued 273,332 shares of Series C Preferred Stock as follow;
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183,332 shares issued for stock payable of $500,000.
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50,000 shares for $165,000 cash subscription.
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40,000 issued for services, valued at $696,000 at market price on issuance date.
During the nine months ended September 30, 2024, the Company issued 4,256,762 shares of Common Stock and cancelled 65,000,000 shares as follow:
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2,250,000 shares issued for services, valued at $1,862,000 at market price on issuance date.
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1,506,762 shares for conversion and settlement of debt of $1,085,148 at market price on issuance date.
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500,000 shares issued for common stock to be issued from fiscal year ended 2023 – to a director of the Company.
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65,000,000 shares were cancelled by the Company's President.
Item 3. Defaults Upon Senior Securities
None.
Item 4. Mine Safety Disclosures
Not Applicable.
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.