Item 2. Unregistered Sales of Equity Securities
ITEM
2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
During
the period ended September 30, 2020, the Company issued 86,374,888 shares of common stock upon conversion of $192,586 in principal,
plus accrued interest of $28,624, and other fees of $3,250, with prices ranging from $0.0069 to $0.0147.
The
securities above were offered and sold pursuant to an exemption from the registration requirements under Section4(a) of the Securities
Act of 1933, as amended, since, among other things, the transactions did not involve a public offering of the securities. The
issuance of the common stock was previously reported by the Company on Current Reports on Form 8-Ks that the Company filed with
the Securities and Exchange Commission.
ITEM
3. DEFAULTS UPON SENIOR SECURITIES
None.
ITEM
4. MINE SAFETY DISCLOSURES
Not
applicable.
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