Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: The information set forth below relates to our issuances of securities without registration under the Securities Act of 1933.
−Removed: During the three months ended March 31, 2021, the Company issued 42,988,132 shares of common stock, valued at fair market value on issuance as follows;
+Added: The information set forth below relates to our issuances
+Added: of securities without registration under the Securities Act of 1933.
+Added: During the six
+Added: months ended June 30, 2021, the Company issued 45,818,526 shares of common stock, valued at fair market value on issuance as follows;
shares issued for cash of $3,586,250
+Added: shares, valued at $2,056,530, issued for settlement of debt of $1,516,667
shares issued to our management for compensation valued at $976,200
2 unchanged sentences
shares for forbearance of debt valued at $49,925
−Removed: These securities were issued pursuant to Section 4(2) of the Securities Act and/or Rule 506 promulgated thereunder.
−Removed: The holders represented their intention to acquire the securities for investment only and not with a view towards distribution.
+Added: These securities were issued pursuant to Section 4(2)
+Added: of the Securities Act and/or Rule 506 promulgated thereunder.
+Added: The holders represented their intention to acquire the securities for investment
+Added: only and not with a view towards distribution.
The investors were given adequate information about us to make an informed investment decision.
We did not engage in any general solicitation or advertising.
−Removed: We directed our transfer agent to issue the stock certificates with the appropriate restrictive legend affixed to the restricted stock.
+Added: We directed our transfer agent to issue the stock certificates with the
+Added: appropriate restrictive legend affixed to the restricted stock.
Defaults upon Senior Securities
1 unchanged sentence
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.