Item 5. Market for Registrant’s Common Equity
ITEM 5.
MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.
Our common stock is 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 13, 2025, our common
stock was held by 87 stockholders of record and we had 704,599,512 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 Clear Trust, LLC, 16540 Pointe Village Dr, Suite 210 Lutz, Florida 33558.
11
Unregistered Sales of Equity Securities
None.
Purchases of Equity Securities by the Issuer and
Affiliated Purchasers
None.
ITEM 6.
[Reserved]
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.