51 unchanged sentences
Other Information.
+Added: During the quarter
+Added: ended December 31, 2023, no director or officer of the Company adopted or terminated a “Rule 10b5-1 trading arrangement”
+Added: or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.
Disclosure Regarding Foreign Jurisdictions that Prevent Inspections.
1 unchanged sentence
Directors, Executive Officers and Corporate Governance.
−Removed: information required by this item is incorporated by reference to our Proxy Statement for the 2023 Annual Meeting of Stockholders to be
−Removed: filed with the SEC within 120 days of the year ended December 31, 2022.
−Removed: Board has adopted a Code of Ethics applicable to all officers, directors and employees, which furnished as Exhibit 14.1 to this report.
−Removed: We intend to satisfy the disclosure requirement under Item 5.05 of Form 8-K regarding amendment to, or waiver from, a provision of our
−Removed: Code of Ethics and by posting such information on our website at the address and location specified above.
+Added: The information required by this item is incorporated
+Added: by reference to our Proxy Statement for the 2023 Annual Meeting of Stockholders to be filed with the SEC within 120 days of the year ended
+Added: December 31, 2023.
+Added: Our Board has adopted a Code of Ethics applicable
+Added: to all officers, directors and employees, which furnished as Exhibit 14.1 to this report.
+Added: We intend to satisfy the disclosure requirement
+Added: under Item 5.05 of Form 8-K regarding amendment to, or waiver from, a provision of our Code of Ethics and by posting such information
+Added: on our website at the address and location specified above.
Executive Compensation.
7 unchanged sentences
Certain Relationships and Related Transactions, and Director Independence.
−Removed: Effective April 30, 2019, the Company agreed to
−Removed: increase compensation to Joe Isaacs, the Company’s former President and sole director, to $11,500 per month (from $6,000) for management
−Removed: services under a verbal agreement.
−Removed: Isaacs converted $20,000 of accrued management fees for 2,000,000 shares of common stock.
−Removed: In 2021 and 2020, the Company paid the former President $138,000 of management fees (not including the $20,000 which was converted into
−Removed: shares of the Company’s common stock).
−Removed: Additionally, in 2020, the Company paid $2,625
−Removed: for consulting services to a relative of Mr.
−Removed: On April 1, 2021, the Company entered into a services
−Removed: agreement with Axiom Group, a company owned by Mr.
−Removed: The services agreement includes investor relation services for a term of eighteen
−Removed: months for compensation of $90,000.
−Removed: During the year ended December 31, 2021, the Company prepaid the $90,000.
Effective January 31, 2022, pursuant to the Transaction,
4 unchanged sentences
The consulting agreement may be terminated by the Company without cause after three months.
+Added: On January 31, 2022, the Company granted options
+Added: to the officers and a consultant of the Company to purchase up to 65,920,895 shares of the Company’s stock, vesting immediately,
+Added: at an exercise price of $0.40 per share.
+Added: On January 25, 2023, the Company amended stock option grants dated January 31, 2022 to each of
+Added: Charlie Faulkner and Simon Wajcenberg, the Chief Executive Officer and Chief Financial Officer of the Company, respectively.
+Added: The amendment
+Added: reduces the exercise price of the options from $0.40 per share to $0.06 per share.
+Added: On September 12, 2022, the Company granted options
+Added: to the officers of the Company to purchase up to 153,239,206 shares of the Company’s stock, which vest upon the Company listing
+Added: its shares on the NASDAQ Global Market, New York Stock Exchange, or another equivalent market, at an exercise price of $0.10 per share.
+Added: On March 3, 2023, the Company amended stock option grants dated September 12, 2022 to each of Charlie Faulkner and Simon Wajcenberg, the
+Added: Chief Executive Officer and Chief Financial Officer of the Company, respectively.
+Added: The amendment provides for the vesting to be only upon
+Added: the closing of the purchase of at least $15 million of crypto mining equipment, rather than conditioned on an uplisting of the Company’s
+Added: shares on the NASDAQ Global Market, New York Stock Exchange, or another equivalent market.
+Added: On March 3, 2023, the Company granted to each
+Added: of Charlie Faulkner and Simon Wajcenberg, the Chief Executive Officer and Chief Financial Officer of the Company, respectively, options
+Added: to purchase up to 77,000,000 shares of the Company’s common stock at an exercise price of $0.04 per share, exercisable for five
+Added: years (the “Stock Options”).
+Added: The Stock Options shall each be a non-qualified option and shall become vested and exercisable
+Added: upon the Company closing on the purchase of at least $15 million of crypto mining equipment.
+Added: During the year ended December 31, 2023, the executive
+Added: officers of the Company advanced $16,000 to the Company for working capital needs.
+Added: The advances are non-interest bearing and are due on
Principal Accountant Fees and Services.
29 unchanged sentences
2CRSI Agreements
−Removed: Series B Preferred Stock Purchase Agreement, dated as of July 18, 2022, by and between Edgemode, Inc.
+Added: Series A Preferred Stock Purchase Agreement, dated as of July 18, 2022, by and between Edgemode, Inc.
and 1800 Diagonal Lending LLC
7 unchanged sentences
and 1800 Diagonal Lending LLC
−Removed: Amendment to Charlie Faulkner Stock Option Grant dated January 25, 2023
+Added: Incorporated by Reference
+Added: Filed or Furnished
+Added: Exhibit Description
Amendment to Charlie Faulkner Stock Option Grant dated January 25, 2023 (2)
+Added: Amendment to Simon Wajcenberg Stock Option Grant dated January 25, 2023 (2)
Stock Option Grant to Charlie Faulkner dated March 3, 2023 (2)
1 unchanged sentence
Amendment to Charlie Faulkner Stock Option Grant dated January 25, 2023 (2)
−Removed: Amendment to Charlie Faulkner Stock Option Grant dated January 25, 2023
+Added: Amendment to Simon Wajcenberg Stock Option Grant dated January 25, 2023 (2)
+Added: Securities Purchase Agreement between Edgemode, Inc.
+Added: and 1800 Diagonal Lending LLC effective April 20, 2023 for purchase of Promissory Note
+Added: Promissory Note issued by Edgemode, Inc.
+Added: in favor of 1800 Diagonal Lending LLC effective April 20, 2023
+Added: Securities Purchase Agreement between Edgemode, Inc.
+Added: and 1800 Diagonal Lending LLC dated April 20, 2023 for purchase of Convertible Promissory Note
+Added: Convertible Promissory Note issued by Edgemode, Inc.
+Added: in favor of 1800 Diagonal Lending LLC effective April 20, 2023
+Added: Form of Securities Purchase Agreement for purchase of Promissory Note
+Added: Form of Promissory Note
+Added: Securities Purchase Agreement between Edgemode, Inc.
+Added: and 1800 Diagonal Lending LLC effective August 4, 2024
+Added: Promissory Note issued by Edgemode, Inc.
+Added: in favor of 1800 Diagonal Lending LLC effective August 4, 2023
Code of Ethics and Business Conduct
Letter from MaloneBailey, LLP to the SEC dated January 7, 2022
+Added: Insider Trading Policy
List of Subsidiaries
31 unchanged sentences
Pursuant to the requirements of the Securities
−Removed: Exchange Act of 1934, this report has been signed below by the following persons on behalf of BTCS Inc.
−Removed: and in the capacities and on the
−Removed: dates indicated.
+Added: Exchange Act of 1934, this report has been signed below by the following persons on behalf of Edgemode, Inc.
+Added: and in the capacities and
+Added: on the dates indicated.
/s/ Charlie Faulkner
9 unchanged sentences
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.