MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS, AND ISSUER PURCHASES OF EQUITY SECURITIES
−Removed: Market for our Shares
−Removed: Our common trades on the New York Stock Exchange-American (“NYSE
−Removed: American”) under the symbol “MGLD.”
−Removed: September 5, 2024, there were approximately 364 registered holders of record of our shares of common stock.
−Removed: In addition, we have
−Removed: an aggregate of 49,360 shares of Series B Preferred Stock held by two persons that entitle such holders to convert each share of Series
−Removed: B Preferred Stock into 20 shares of common stock and to vote such shares on an “as if converted” basis.
−Removed: We have never declared or paid a cash dividend
−Removed: on our common stock or preferred stock and do not anticipate paying cash dividends on our common stock in the foreseeable future.
−Removed: Payment of future cash dividends, if any, will be at the discretion of our board of directors and will depend on our financial
−Removed: condition, results of operations, contractual restrictions and covenants included under any bank or other indebtedness that we may
−Removed: enter into, capital requirements, business prospects and other factors that our board of directors considers relevant.
−Removed: Our ability to pay dividends is subject
−Removed: to limitations under Nevada law.
−Removed: Under Nevada law, dividends may be paid to the extent that a corporation’s assets exceed
−Removed: its liabilities and it is able to pay its debts as they become due in the usual course of business.
−Removed: Under Nevada law, a company can pay
−Removed: dividends only:
+Added: for our Shares
+Added: common trades on the NYSE American, LLC, stock exchange (“NYSE American”) under the symbol “MGLD.”
+Added: September 11, 2025, there were 360 holders of record of our shares of common stock.
+Added: In addition, we have an aggregate
+Added: of 13,302 shares of Series B Preferred Stock held by two persons that entitle such holders to convert each share of Series B Preferred
+Added: Stock into 20 shares of common stock and to vote such shares on an “as if converted” basis.
+Added: have never declared or paid a cash dividend on our common stock or preferred stock and do not anticipate paying cash dividends on our
+Added: common stock in the foreseeable future.
+Added: Payment of future cash dividends, if any, will be at the discretion of our board of directors
+Added: and will depend on our financial condition, results of operations, contractual restrictions and covenants included under any bank or
+Added: other indebtedness that we may enter into, capital requirements, business prospects and other factors that our board of directors considers
+Added: ability to pay dividends is subject to limitations under Nevada law.
+Added: Under Nevada law, dividends may be paid to the extent that a corporation’s
+Added: assets exceed its liabilities and it is able to pay its debts as they become due in the usual course of business.
+Added: Under Nevada law, a
+Added: company can pay dividends only:
retained earnings, and
−Removed: distribution can be made, if after giving it effect, the corporation would not be able to pay its debts as they become due in the usual course of business;
+Added: distribution can be made, if after giving it effect, the corporation would not be able to pay its debts as they become due in the
+Added: usual course of business;
as otherwise specifically allowed by the articles of incorporation, the corporation’s total assets would be less than the sum
7 unchanged sentences
Outstanding Stock Options
−Removed: did not issue or sell any unregistered shares of any class of stock during the year ended June 30, 2024.
+Added: February 17, 2025, the Schoenberger Family Trust converted 36,058 shares of Series B Preferred Stock into 721,160 shares of
+Added: restricted shares of our common stock.
+Added: No other unregistered shares of any class of stock were issued during the year ended June 30,
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.