−Removed: MARKET FOR REGISTRANT’S
−Removed: COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
−Removed: Our common stock is traded on the OTC Markets under
−Removed: the trading symbol “DPLS.” The Company has 20,000,000,000 authorized common shares.
−Removed: The following table sets forth the high and low bid
−Removed: of the Company’s Common Stock for each quarter within the past two completed fiscal and the current year.
−Removed: The information
−Removed: below was provided by the OTC Markets.
+Added: MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY
+Added: Our Common Stock is currently quoted on the OTC
+Added: Markets, which is sponsored by OTC Markets Group, Inc.
+Added: The OTC Markets is a network of security dealers who buy and sell stock.
+Added: are connected by a computer network that provides information on current “bids” and “asks,” as well as volume
+Added: Our shares are quoted on the OTC Markets under the symbol “DPLS.”
+Added: The table below sets forth for the periods indicated
+Added: the quarterly high and low bid prices as reported by OTC Markets.
+Added: Limited trading volume has occurred during these periods.
+Added: These quotations
+Added: reflect inter-dealer prices, without retail mark-up, mark-down, or commission and may not necessarily represent actual transactions.
First Quarter
+Added: Second Quarter
First Quarter
6 unchanged sentences
Fourth Quarter
+Added: Our common stock is considered to be penny stock
+Added: under rules promulgated by the SEC.
+Added: Under these rules, broker-dealers participating in transactions in these securities must first deliver
+Added: a risk disclosure document which describes risks associated with these stocks, broker-dealers’ duties, customers’ rights and
+Added: remedies, market and other information, and make suitability determinations approving the customers for these stock transactions based
+Added: on financial situation, investment experience and objectives.
+Added: Broker-dealers must also disclose these restrictions in writing, provide
+Added: monthly account statements to customers, and obtain specific written consent of each customer.
+Added: With these restrictions, the likely effect
+Added: of designation as a penny stock is to decrease the willingness of broker-dealers to make a market for the stock, to decrease the liquidity
+Added: of the stock and increase the transaction cost of sales and purchases of these stocks compared to other securities.
The number of shareholders of record of the Company's
−Removed: common stock as of June 22, 2023 was 949.
−Removed: An additional number of stockholders are beneficial holders
−Removed: of our Common Stock in “street name” through banks, brokers and other financial institutions that are the record holders.
+Added: common stock as of April 16, 2024 was approximately 954.
+Added: An additional number of stockholders are beneficial holders of our Common Stock
+Added: in “street name” through banks, brokers and other financial institutions that are the record holders.
We have not paid any cash dividends to date and
2 unchanged sentences
funds for the development of our business.
−Removed: Recent Sales of Unregistered Securities.
−Removed: On May 27, 2022, we entered into the Equity Financing
−Removed: Agreement with GHS (the “ 2022 EFA ”), pursuant to which GHS agreed to purchase up to $70,000,000 in shares of our Common
−Removed: Stock, from time to time over the course of 24 months.
−Removed: Below is a table of all puts made by the Company under the 2022 EFA
−Removed: during the quarter ended December 31, 2022:
−Removed: Number of Shares Sold
−Removed: Total Proceeds,
−Removed: Net of Discounts
−Removed: Effective Price per Share
−Removed: The shares issued in reliance
−Removed: upon the exemption from securities registration afforded by Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D under
−Removed: the Securities Act, based in part on the representations of the investor.
−Removed: There were $125,911 in sales commissions paid to J.H.
−Removed: Darbie ”) pursuant to these transactions.
Equity Compensation Plan Information
2 unchanged sentences
Issuer Purchases of Equity Securities
+Added: During the quarter ended
+Added: December 31, 2023, there were no purchases made by or on behalf of the issuer or any “affiliated purchaser,” as defined in
+Added: § 240.10b-18(a)(3) of Regulation S-K of shares or other units of any class of our equity securities that are registered by us pursuant
+Added: to section 12 of the Exchange Act.
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.