Item 5. Market for Registrant’s Common Equity
ITEM
5.
MARKET
FOR COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER REPURCHASES OF EQUITY SECURITIES.
On
February 22, 2007, our common stock became eligible for quotation on the OTC Bulletin Board under the ticker symbol “BSRC”
and is currently quoted on the OTC Pink maintained by the OTC Markets Group, Inc. under the ticker symbol “NEWH”.
Common
Stock
We
are authorized to issue 6,000,000,000 shares of common stock, $0.0001 par value per share.
Holders
of the Company’s common stock are entitled to one vote for each share on all matters submitted to a stockholder vote. Holders of
common stock do not have cumulative voting rights. Therefore, holders of a majority of the shares of common stock voting for the election
of directors can elect all of the directors to our board of directors. Subject to the rights of our preferred stock, holders of the
Company’s common stock representing a majority of the voting power of the Company’s common stock issued, outstanding and
entitled to vote, represented in person or by proxy, are necessary to constitute a quorum at any meeting of stockholders. A vote by the
holders of a majority of the Company’s outstanding shares is required to effectuate certain fundamental corporate changes such
as a liquidation, merger or an amendment to the Company’s articles of incorporation
Subject
to the rights of preferred stockholders (if any), holders of the Company’s common stock are entitled to share in all dividends
that the Board of Directors, in its discretion, declares from legally available funds. In the event of a liquidation, dissolution or
winding up, each outstanding share entitles its holder to participate pro rata in all assets that remain after payment of liabilities
and after providing for each class of stock, if any, having preference over the common stock. The Company’s common stock has no
pre-emptive rights, no conversion rights, and there are no redemption provisions applicable to the Company’s common stock.
As
of March 30, 2022, our common stock was held by 90 stockholders of record and we had 715,496,051 shares of common stock issued and
outstanding. We believe that the number of beneficial owners is substantially greater than the number of record holders because a significant
portion of our outstanding common stock is held of record in broker street names for the benefit of individual investors.
Dividend
Policy
We
have never declared or paid any cash dividends on our common stock. We do not anticipate paying any cash dividends to stockholders in
the foreseeable future. In addition, any future determination to pay cash dividends will be at the discretion of the board of directors
and will be dependent upon our financial condition, results of operations, capital requirements, and such other factors as the Board
of Directors deem relevant. There are no restrictions in our articles of incorporation or bylaws that restrict us from declaring dividends.
Transfer
Agent
The
Company’s registrar and transfer agent is Worldwide Stock Transfer, LLC, One University Plaza, Suite 505, Hackensack, NJ 07601.
Securities
Authorized for Issuance Under Equity Compensation Plan
We
currently do not have an equity compensation plan.
Unregistered
Sales of Equity Securities
None.
Issuer
Purchases of Equity Securities
None.
11
ITEM
6.
[Reserved]
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