Item 2. Unregistered Sales of Equity Securities
ITEM
2.
UNREGISTERED
SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.
Set
forth below are the sales of all securities by the Company during the quarter ended June 30, 2022, which were not registered under the
Securities Act. The Company believes that each of such issuances was exempt from registration under the Securities Act in reliance on
Section 4(a)(2) of the Securities Act and/or Regulation S under the Securities Act.
During
March 2022 the company issued 8,215 shares of common stock upon exercise of outstanding warrants at an exercise price of $2.80 per common
share for aggregate proceeds of $23,000 to one shareholder.
ITEM
3.
DEFAULT
UPON SENIOR SECURITIES.
None.
ITEM
4.
MINE
SAFETY DISCLOSURES.
Not
applicable.
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