12 unchanged sentences
rather than the “specialist” common to stock exchanges.
−Removed: Quarterly Stock Performance:
−Removed: Our common stock is traded on the OTC Bulletin Board
−Removed: under the ticker symbol OTCQB:
−Removed: The following table presents the high and low sale prices for our common stock for each quarter of the last fiscal
−Removed: year, as reported on the OTC Bulletin Board:
−Removed: First Quarter
−Removed: Second Quarter
−Removed: Third Quarter
−Removed: Fourth Quarter
−Removed: Our stock commended trading in June 2020.
+Added: Stock Performance:
+Added: common stock is traded on the OTC Bulletin Board under the ticker symbol OTCQB:
+Added: following table presents the high and low sale prices for our common stock for each quarter of the last fiscal year, as reported on the
+Added: OTC Bulletin Board:
+Added: stock commenced trading in June 2020.
Transfer, LLC, our transfer agent, indicates that as of December 31, 2024, we had 229 record holders of our Common Stock.
−Removed: of October 15, 2024, we had 388,584,729 shares of our Common Stock, 4,500,000 shares of Series A Preferred Stock, 2,361,844 shares of Series
−Removed: B Preferred Stock, and issued and outstanding.
−Removed: Holders of Series A Preferred are entitled to fifty (50) non-cumulative votes per share
−Removed: on all matters presented to our stockholders for action.
−Removed: Holders of Series A Preferred have no right to convert into the Company’s
−Removed: common stock.
−Removed: The Series B Preferred Stock is non-dilutive and is not subject to stock splits or any other adjustments to the Company’s
−Removed: common stock.
−Removed: Each share of Series B Preferred Stock can be converted into 100 shares of the Company’s common stock at any time
−Removed: by the holder of such shares.
−Removed: Series B Preferred Stock is entitled to one (1) vote per share on all matters presented to stockholders
+Added: of March 31, 2025, we had 422,584,729 shares of our Common Stock, 4,500,000 shares of Series A Preferred Stock, and 2,361,844 shares
+Added: of Series B Preferred Stock, and issued and outstanding.
+Added: Holders of Series A Preferred Stock are entitled to fifty (50) non-cumulative
+Added: votes per share on all matters presented to our stockholders for action.
+Added: Holders of Series A Preferred Stock have no right to convert
+Added: into the Company’s common stock.
+Added: The Series B Preferred Stock is non-dilutive and is not subject to stock splits or any other adjustments
+Added: to the Company’s common stock.
+Added: Each share of Series B Preferred Stock can be converted into 100 shares of the Company’s common
+Added: stock at any time by the holder of such shares.
+Added: Series B Preferred Stock is entitled to one (1) vote per share on all matters presented
+Added: to stockholders for action.
Company did not declare any cash dividends for the December 31, 2024, fiscal year.
6 unchanged sentences
and capital requirements, and other factors the Board of Directors considers relevant.
−Removed: There is no assurance that the Company shall pay
+Added: There is no assurance that the Company will pay
any future dividends.
6 unchanged sentences
capital stock (the “Approving Stockholders”):
−Removed: To amend our certificate of incorporation, as amended (the
−Removed: “Certificate”), to increase the number of authorized shares of common stock from 500,000,000 to 1,000,000,000 (the “Authorized
−Removed: Share Increase”),
−Removed: To authorize our Board of Directors, in its discretion, to
−Removed: amend our articles of incorporation not later than June 30, 2024, to effect a Reverse Stock Split of all outstanding shares of our common
−Removed: stock in a ratio of not less than 1 for 10 and not more than 1 for 50, to be determined by the Board of Directors, and
−Removed: To approve the Company’s 2023 Stock Incentive Plan (the
−Removed: “2023 Stock Incentive Plan”).
+Added: amend our certificate of incorporation, as amended (the “Certificate”), to increase the number of authorized shares of
+Added: common stock from 500,000,000 to 1,000,000,000 (the “Authorized Share Increase”),
+Added: our Board of Directors to amend our articles of incorporation by June 30, 2024, to execute a Reverse Stock Split of all outstanding
+Added: common stock shares in a ratio between 1 for 10 and 1 for 50, as determined by the Board.
+Added: approve the Company’s 2023 Stock Incentive Plan (the “2023 Stock Incentive Plan”).
February 21, 2024, our Board unanimously approved the Corporate Actions.
7 unchanged sentences
(common stock only) own 280,102,413 shares, representing 72% of the total issued and outstanding voting power of the Company.
−Removed: the Board and the holders of a majority of the voting power of the Company’s issued and outstanding shares of capital stock have
−Removed: voted in favor of the Corporate Actions, all corporate actions necessary to authorize the Corporate Actions have been taken.
−Removed: that each of the Corporate Actions will become effective on or about the 20th calendar day after the date on which this Information Statement
−Removed: and the accompanying notice are mailed to our stockholders.
−Removed: Our Board retains authority to abandon either or both of the Corporate
−Removed: Actions for any reason at any time prior to the effective date of the respective Corporate Action.
−Removed: of December 31, 2022, the Company had no equity compensation plans.
+Added: the Board and a majority of shareholders have approved, all necessary corporate actions have been authorized.
+Added: We expect that each of
+Added: the Corporate Actions will become effective on or about the 20th calendar day after the date on which this Information Statement and
+Added: the accompanying notice are mailed to our stockholders.
+Added: Our Board can cancel one or both Corporate Actions for any reason before their
+Added: effective date.
+Added: of December 31, 2024, the Company has a 2023 Stock Incentive Plan.
February 17, 2022, the Company filed the Information Statement pursuant to Section 14C of the Securities Exchange Act of 1934 and informed
7 unchanged sentences
To approve the Company’s 2022 Equity Plan (the “2022 Equity Plan”)
−Removed: February 10, 2022, our Board unanimously approved the Corporate Actions.
−Removed: To eliminate the costs and management time for a special meeting
−Removed: and to effect the actions, the Company chose to obtain the written consent of a majority of the Company’s voting power to approve
−Removed: the actions described in the Information Statement following Sections 228 and 242 of the Delaware General Corporation Law (the “DGCL”)
−Removed: and per our bylaws.
−Removed: On February 10, 2022, the Approving Stockholders approved the Corporate Actions by written consent.
−Removed: The Approving
−Removed: Stockholders (common stock only) own 96,778,105 shares, representing 64.62% of the Company’s total issued and outstanding voting
+Added: February 10, 2022, the Board of Directors unanimously sanctioned the Corporate Actions.
+Added: In accordance with Sections 228 and 242 of the
+Added: Delaware General Corporation Law (the “DGCL”) and our bylaws, the Company opted to secure the written consent of a majority
+Added: of its voting power to approve the actions outlined in the Information Statement.
+Added: On February 10, 2022, the Approving Stockholders formally
+Added: approved the Corporate Actions in writing.
+Added: On February 10, 2022, the Approving Stockholders approved the Corporate Actions by written
+Added: The Approving Stockholders (common stock only) own 96,778,105 shares, representing 64.62% of the Company’s total issued
+Added: and outstanding voting power.
Sales of Unregistered Securities
−Removed: of the Company’s recent sales of unregistered securities within the past three years reported previously reported as required in
−Removed: Quarterly Reports on Form 10-Q and current reports on Form S1-A filed July 26, 2018.
+Added: of the Company’s recent sales of unregistered securities within the past three years were reported previously as required in Quarterly
+Added: Reports on Form 10-Q, 10-K, and reports on Form S1-A filed July 26, 2018.
FINANCIAL DATA
−Removed: Company is a “smaller reporting company” as defined by Rule 12b-2 of the Exchange Act and is not required to provide the
−Removed: information required under this Item.
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.