Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
During the three months ended June 30, 2025, the Company issued 119,007 shares of Series C Preferred Stock as follow;
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50,000 shares Series C Convertible Preferred Stock to two (2) management for compensation valued at $1,100,000 in April 2025; and
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69,007 shares Series C Convertible Preferred Stock to BoltRock Holdings LLC for finance expenses valued at $2,511,855 in June 2025.
During the three months ended June 30, 2025, the Company issued 13,708,652 shares of Common Stock as follow:
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10,652,760 shares of Common Stock to sixteen (16) investors upon conversion of 532,638 shares of Series C Convertible Preferred Stock in April 2025; and
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10,000 shares of Common Stock to a consultant for service valued at $19,000 in May 2025; and
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3,045,892 shares of Common Stock for conversion of debt and accrued interest of $1,218,353 in June 2025.
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.