Item 2. Unregistered Sales of Equity Securities
ITEM 2.
UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
During the three months ended March 31, 2023, the
Company issued the following shares of stock:
·
6,000,000 shares for services valued at $206,700;
·
6,000,000 shares for financing commitments valued at $198,000;
·
8,552,000 shares upon the conversion of convertible notes and accrued
interest valued at $381,860; and
·
451,952 shares to pay off an accounts payable balance of $15,050.
These transactions were exempt from registration
under Section 4(a)(2) and/or Rule 506(b) of Regulation D as promulgated by the Securities and Exchange Commission under of the Securities
Act, as transactions by an issuer not involving any public offering. None of the securities were sold through an underwriter and, accordingly,
there were no underwriting discounts or commissions involved.
ITEM 3.
DEFAULTS UPON SENIOR SECURITIES
None.
ITEM 4.
MINE SAFETY DISCLOSURES
Not Applicable.
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