Item 2. Unregistered Sales of Equity Securities
ITEM 2.
UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Except as otherwise previously disclosed or provided
below, there were no unregistered sales of the Company’s equity securities during the three months ended March 31, 2025.
During the three months ended March 31, 2025,
the Company received $300,000 in cash proceeds for the sale of 38,510,911 shares of common stock to an accredited investor. As of March
31, 2025, the shares have not been issued as the Company did not have sufficient authorized shares and as such has recorded this as a
share purchase liability in the accompanying balance sheet. The shares were issued on April 19, 2025. The shares are restricted. The Company
did not pay any commissions.
ITEM 3.
DEFAULTS UPON SENIOR SECURITIES
None.
ITEM 4.
MINE SAFETY DISCLOSURES
Not Applicable.
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