Item 5. Market for Registrant’s Common Equity
Item 5. Market for Registrant’s
Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities
Market Price for Equity Securities
Our common stock is quoted on the OTC Pink under the
symbol “DWAY”. The following table sets forth the quarterly high and low daily close for our common stock for the two years
ended September 30, 2022 and 2021. There is a very limited market for the Company’s common stock
Price Range
High
Low
Year ended September 30, 2022
First Quarter
$ 0.20
$ 0.15
Second Quarter
$ 0.16
$ 0.09
Third Quarter
$ 0.13
$ 0.08
Fourth Quarter
$ 0.09
$ 0.01
Year ended September 30, 2021
First Quarter
$ 0.34
$ 0.14
Second Quarter
$ 0.33
$ 0.15
Third Quarter
$ 0.23
$ 0.12
Fourth Quarter
$ 0.22
$ 0.13
Holders
At January 9, 2023, the Company had 106,551,722
outstanding shares of common stock and 143 shareholders of record.
Dividends
Holders of common stock are entitled to receive dividends
as may be declared by the Company’s Board. The Company’s Board is not restricted from paying any dividends but is not obligated
to declare a dividend. No dividends have ever been declared, and it is not anticipated that dividends will be paid in the foreseeable
future. Any indebtedness the Company incurs in the future may also limit its ability to pay dividends. Investors should not purchase the
Company’s common stock with the expectation of receiving cash dividends.
11
Recent Sales of Unregistered Securities
There were no sales of unregistered securities during the fourth quarter
of the fiscal year ended September 30, 2022.
Purchase of Equity Securities by the Issuer
and Affiliated Purchasers
We did not repurchase any securities during the fourth quarter of the fiscal
year ended September 30, 2022.
Item 6. Selected Financial Data
As a smaller reporting company, we are not required to provide the information
required by this Item.
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.