Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
During the three months ended March 31, 2025, the Company issued 225,000 shares of Series C Preferred Stock as follow;
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47,500 shares issued to our four (4) employees for compensation valued at $665,000.
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27,500 shares to two (2) investors for proceeds of $165,000
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150,000 issued to TC Special Investments, LLC for compensation, valued at $2,100,000.
During the three months ended March 31, 2025, the Company issued 15,536,620 shares of Common Stock as follow:
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15,536,620 issued to twenty-six (26) investors upon conversion of 776,831 shares of Series C Convertible Preferred Stock.
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.