Item 5. Market for Registrant’s Common Equity
ITEM
5. MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS
Our
common stock is quoted on the OTC Markets, OTCQB, under the symbol “FCCN”.
The
following table sets forth the high and low bid prices for our common stock as reported each quarterly period within the last two years
on the OTC Markets and as obtained from otcmarkets.com. The high and low prices reflect inter-dealer prices, without retail mark-up,
markdown or commission, and may not necessarily represent actual transactions.
Period
High*
Low*
Year ended 2023
Quarter ended
March 31, 2023
$ 0.0775
$ 0.055
June 30, 2023
$ 0.0638
$ 0.0503
September 30, 2023
$ 0.0609
$ 0.0511
December 31, 2023
$ 0.0586
$ 0.0452
Year ended 2024
Quarter ended
March 31, 2024
$ 0.07
$ 0.057
June 30, 2024
$ 2.15
$ 1.50
September 30, 2024
$ 5.31
$ 5.11
December 31, 2024
$ 6.20
$ 5.85
STOCKHOLDERS
As
of June 23, 2025, there were approximately 132 holders of record of our common stock and no holders of our preferred stock.
DIVIDENDS
From
our inception, we have never declared or paid any cash dividends on shares of our common stock, and we do not anticipate declaring or
paying any cash dividends in the foreseeable future. The decision to declare any future cash dividends will depend upon our results of
operations, financial condition, current and anticipated cash needs, contractual restrictions, restrictions imposed by applicable law
and other factors that our board of directors deem relevant. Although it is our intention to utilize all available funds for the development
of our business, no restrictions are in place that would limit our ability to pay dividends. The payment of any future cash dividends
will be at the sole discretion of our board of directors.
RECENT
SALES OF UNREGISTERED SECURITIES
During
the year ended December 31, 2024, the Company sold 5,050,000 shares of common stock to 1 shareholder who is also the company’s
Chairman of the Board, Sean Michael Brehm, resulting in proceeds of $1,010,000 None of the following transactions involved any underwriters,
underwriting discounts or commissions, or any public offering. We believe that this offering was exempt from registration under the Securities
Act in reliance on Section 4(a)(2) of the Securities Act (and Regulation D promulgated thereunder). The recipients of the securities
in each of these transactions represented their intentions to acquire the securities for investment only and not with a view to or for
sale in connection with any distribution thereof. The sales of these securities were made without any general solicitation or advertising.
Issuer
Purchases of Equity Securities
None.
ITEM
6.
Reserved.
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