Item 2. Unregistered Sales of Equity Securities
Item
2. Unregistered Sales of Equity Securities and Use of Proceeds
The
information set forth below relates to our issuances of securities without registration under the Securities Act of 1933 in reliance
on Section 4(a)(2) of the Securities Act, and/or Regulation D promulgated thereunder.
During
the six months ended June 30, 2024, the Company issued 7,427,570 shares of common stock, valued at fair market value on issuance
as follows:
• 300,000
shares for compensation to our directors valued at $77,665
• 1,770,000
shares for settlement of debt valued at $279,660
• 3,535,354
shares in connection with convertible notes valued at $597,777; and
• 1,822,216
shares for exercise of warrants for $400,000
Item
3. Defaults upon Senior Securities
None
Item
4. Mine Safety Disclosures
N/A
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.