Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: On January 10, 2020, the Company issued 2,381 shares of common stock with a fair value of $0.47 to a service provider;
−Removed: the fair value of $1,119 was charged to operations during the three months ended March 31, 2020.
−Removed: On January 29, 2020, the Company issued 38,943 shares of common stock with a fair value of $0.54 to an employee;
−Removed: the fair value of $17,135 was charged to operations during the three months ended March 31, 2020.
−Removed: On February 3, 2020, the Company issued 2,381 shares of common stock with a fair value of $0.49 to a service provider;
−Removed: the fair value of $1,167 was charged to operations during the three months ended March 31, 2020.
+Added: On June 25, 2020, the Company issued 33,000 shares of common stock with a fair value of $0.54 to a former employee;
+Added: the fair value of $18,000 was charged to operations during the year ended December 31, 2019.
All of the issuances described above were exempt from registration pursuant to Section 4(2) of the Securities Act of 1933 for the following reasons:
7 unchanged sentences
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.