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, 2025, the Company
issued 967,245 shares of common stock, valued at fair market value on issuance as follows:
• 3,750 shares for compensation to our directors valued at $55,198.
• 694,914 shares for conversion of debt of $3,227,904.
• 264,980 shares for settlement of debt of $1,886,658
• 3,563 shares for common stock payable value at $82,194.
• 38 shares for reverse stock split adjustment
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.