−Removed: ITEM 2 Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: On March 18, 2021, we entered
−Removed: into a Securities Purchase Agreement whereby we issued a Promissory Note in the principal amount of $340,000.
−Removed: The Note has an original
−Removed: issue discount of $20,000, a maturity date of one year, and bears interest at the rate of ten percent (10%) per annum.
−Removed: a net amount of $320,000, minus expenses, upon issuance of the Note.
−Removed: We can prepay the Note at any time without penalty.
−Removed: have not previously prepaid the Note, after 180 days the holder may convert the Note, in whole or in part, into our common stock
−Removed: at a conversion price of $0.05 per share.
−Removed: As additional consideration, we issued an aggregate of 1,200,000 shares of our common
−Removed: stock to the note holder.
−Removed: If we prepay the Note in 180 days or less, 600,000 of the shares will be returned to us without additional
−Removed: consideration.
−Removed: On March 18, 2021, we issued
−Removed: 2,715,000 shares of common stock, restricted in accordance with Rule 144, to two (2) shareholders for services rendered.
−Removed: The note, warrants, and
−Removed: common stock were offered and sold in reliance on an exemption from registration pursuant to Section 4(a)(2) of the Securities
−Removed: Act of 1933, as amended.
−Removed: The investors have acquired the securities for investment purposes only and not with a view to, or for
−Removed: sale in connection with, any distribution thereof.
−Removed: The securities were not issued through any general solicitation or advertisement.
−Removed: ITEM 3 Defaults Upon Senior Securities
−Removed: There have been no events
−Removed: which are required to be reported under this Item.
−Removed: ITEM 4 Mine Safety Disclosures
−Removed: Not applicable.
+Added: 2 Unregistered
+Added: Sales of Equity Securities and Use of Proceeds
+Added: May through August 2021, we issued convertible promissory notes with an aggregate face value of $615,000, plus warrants to acquire an
+Added: aggregate of 6,150,000 shares of our common stock, to a total of nineteen (19) investors.
+Added: The notes are convertible into our common stock
+Added: at th election of the holder at $0.05 per share.
+Added: The warrants are exercisable for a period of five (5) years at $0.075 per share.
+Added: connection with the sale of the notes and warrants to U.S.
+Added: investors, HP Securities, Inc.
+Added: was paid ten percent (10%) of the offering
+Added: proceeds in cash, and issued one million (1,000,000) shares of our common stock and warrants to acquire 100,000 shares of our common
+Added: stock at an exercise price of $0.05 per share.
+Added: note, warrants, and common stock were offered and sold in reliance on an exemption from registration pursuant to Rule 506(b) of Regulation
+Added: D promulgated under Section 4(a)(2) of the Securities Act of 1933, as amended.
+Added: The investors have acquired the securities for investment
+Added: purposes only and not with a view to, or for sale in connection with, any distribution thereof.
+Added: The securities were not issued through
+Added: any general solicitation or advertisement.
+Added: Upon Senior Securities
+Added: have been no events which are required to be reported under this Item.
+Added: Safety Disclosures
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.