NewHydrogen, Inc. 10-Q

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS During the period ended March 31, 2021, the Company issued 83,333,334 shares of common stock for cash through a securities purchase agreement. During the period ended March 31, 2021, the Company issued 21,964,188 shares of common stock upon conversion of $184,124 in principal, plus accrued interest of $20,851, and other fees of $1,000, with prices ranging from $0.0014 to $0.0265. During the period ended March 31, 2021, the Company used cash to settle a convertible debt in principal of $203,000, plus accrued interest of $52,780. 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.