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
during the quarter ended June 30, 2025 under the Third Amended Equity Financing Agreement with GHS dated August 14, 2024:
Date of Put
Number of Common Shares Issued
Total Proceeds, Net of Discounts
Effective Price per Share
Net Proceeds
4/4/25
130,615,137
$ 41,796
$ 0.00032
$ 37,846
4/14/25
179,014,375
42,963
$ 0.00024
38,931
4/23/25
181,334,313
58,026
$ 0.00032
52,940
5/1/25
188,280,386
46,844
$ 0.00025
42,540
5/9/25
225,384,480
43,273
$ 0.00019
39,219
5/21/25
189,997,438
30,399
$ 0.00016
27,246
5/30/25
225,516,688
36,082
$ 0.00016
32,531
6/10/25
226,091,500
54,261
$ 0.00024
49,438
6/20/25
183,437,750
44,025
$ 0.00024
36,912
1,729,672,067
$ 397,669
$ 357,603
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 $40,066 in sales commissions paid to J.H. Darbie &
Co., Inc. pursuant to the Third Amended Equity Financing Agreement.
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.