Item 2. Unregistered Sales of Equity Securities
Item
2. Unregistered Sales of Equity Securities and Use of Proceeds.
During
the period between February 1, 2021 and April 30, 2021, the Company had the following transactions in its common stock:
On
April 28, 2021, five employees exercised a total of 84,000 options at an average exercise price of $0.86 for aggregate proceeds of $19,080
in exchange for 65,143 shares of the Company’s common stock.
Item
3. Defaults upon Senior Securities.
There
has been no default in payment of principal, interest, sinking or purchase fund installment, or any other material default, with respect
to any indebtedness of the Company.
Item
4. Mine Safety Disclosures.
Not
applicable.
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