Item 2. Unregistered Sales of Equity Securities
ITEM 2 – UNREGISTERED SALES OF EQUITY SECURITIES
AND USE OF PROCEEDS
On March 7, 2022, we issued 5,000 shares of our common
stock at a deemed price of $5.00 per share to one entity pursuant to a consulting agreement. We relied upon the exemption from registration
under the Securities Act provided by Rule 506(b) or Section 4(a)(2) of the Securities Act for the issuance of the shares to the entity
that is a U.S. person.
On March 23, 2022, we issued 10,000 shares of our
common stock at a deemed price of $3.66 per share to one individual pursuant to a consulting agreement. We relied upon the exemption from
registration under the Securities Act provided by Rule 506(b) or Section 4(a)(2) of the Securities Act for the issuance of the shares
to the individual who is a U.S. person.
On March 23, 2022, we issued an aggregate of 25,000
shares of our common stock at a deemed price of $2.85 per share to two individuals and one entity pursuant to consulting agreements. We
relied upon the exemption from registration under the Securities Act provided by Rule 506(b) or Section 4(a)(2) of the Securities Act
for the issuance of the shares to the two individuals and one entity who are all U.S. persons.
On April 14, 2022, we issued 5,000 shares of our common
stock at a deemed price of $5.00 per share to one entity pursuant to a consulting agreement. We relied upon the exemption from registration
under the Securities Act provided by Rule 506(b) or Section 4(a)(2) of the Securities Act for the issuance of the shares to the entity
that is a U.S. person.
On April 28, 2022, we issued 50,000 shares of our
common stock at a deemed price of $2.61 per share to one entity pursuant to a consulting agreement. We relied upon the exemption from
registration under the Securities Act provided by Rule 506(b) or Section 4(a)(2) of the Securities Act for the issuance of the shares
to the entity that is a U.S. person.
On April 28, 2022, we issued 5,000 shares of our common
stock at a deemed price of $2.56 per share to one entity pursuant to a consulting agreement. We relied upon the exemption from registration
under the Securities Act provided by Rule 506(b) or Section 4(a)(2) of the Securities Act for the issuance of the shares to the entity
that is a U.S. person.
On April 28, 2022, we issued 20,000 shares of our
common stock at a deemed price of $2.51 per share to one individual pursuant to a consulting agreement. We relied upon the exemption from
registration under the Securities Act provided by Rule 903 of Regulation S promulgated under the Securities Act to the one individual
that is a non-U.S. person as the shares were issued to the individual through an offshore transaction which was negotiated and consummated
outside of the United States.
On May 10, 2022, we issued 5,000 shares of our common
stock at a deemed price of $5.00 per share to one entity pursuant to a consulting agreement. We relied upon the exemption from registration
under the Securities Act provided by Rule 506(b) or Section 4(a)(2) of the Securities Act for the issuance of the shares to the entity
that is a U.S. person.
On May 10, 2022, we issued 5,000 shares of our common
stock at a deemed price of $3.66 per share to one individual pursuant to a consulting agreement. We relied upon the exemption from registration
under the Securities Act provided by Rule 506(b) or Section 4(a)(2) of the Securities Act for the issuance of the shares to the individual
who is a U.S. person.
On May 16, 2022, we issued 20,000 shares of our common
stock at a deemed price of $2.03 per share to one entity pursuant to a consulting agreement. We relied upon the exemption from registration
under the Securities Act provided by Rule 506(b) or Section 4(a)(2) of the Securities Act for the issuance of the shares to the entity
that is a U.S. person.
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Table of Contents
On July 5, 2022, we issued 5,000 shares of our common
stock at a deemed price of $5.00 per share to one entity pursuant to a consulting agreement. We relied upon the exemption from registration
under the Securities Act provided by Rule 506(b) or Section 4(a)(2) of the Securities Act for the issuance of the shares to the entity
that is a U.S. person.
On July 5, 2022, we issued an aggregate of 25,000
shares of our common stock at a deemed price of $2.70 per share to two individuals and one entity pursuant to consulting agreements. We
relied upon the exemption from registration under the Securities Act provided by Rule 506(b) or Section 4(a)(2) of the Securities Act
for the issuance of the shares to the two individuals and one entity who are all U.S. persons.
ITEM 3 – DEFAULTS UPON SENIOR SECURITIES
None
ITEM 4 – MINE SAFETY DISCLOSURES
Not applicable
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