Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales
of Equity Securities and Use of Proceeds
Below is a table of all
puts made by the Company under the 2022 EFA during the quarter ended June 30, 2023:
Date of Put
Number of Common Shares Issued
Total Proceeds, Net of Discounts
Effective Price per Share
Net Proceeds
4/11/2023
67,462,162
203,552
$0.0030173
188,279
Below is a table of all puts made by the Company
under the 2023 EFA during the quarter ended June 30, 2023:
Date of Put
Number of Common Shares Issued
Total Proceeds, Net of Discounts
Effective Price per Share
Net Proceeds
4/28/2023
91,795,875
$
235,000
$0.00256
$
208,550
6/26/2023
44,583,334
214,000
$0.00480
141,020
136,379,209
$
449,000
$
349,570
The shares above were issued in reliance upon
the exemption from securities registration afforded by Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D under the
Securities Act, based in part on the representations of the investor. There were $39,843 in sales commissions paid to J.H. Darbie &
Co., Inc. pursuant to the 2022 EFA and 2023 EFA.
Item 3. Defaults Upon Senior Securities
None.
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.