Item 5. Market for Registrant’s Common Equity
Item 5.
Market for the Registrant’s Common Stock, Related Shareholder Matters, and Issuer Purchases of Equity Securities
Market Information
Our stock trades on the OTC Markets under the symbol
“ODYY.” The following table sets forth the bid prices quoted for our common stock during each quarter, as reported by the
OTCQB in the last two fiscal years. The following quotations reflect inter-dealer prices, without retail mark-up, markdown or commission
and may not necessarily represent actual transactions.
High
Low
Fiscal Year Ended July 31, 2024
Fourth Quarter
$ 0.07
$ 0.02
Third Quarter
0.10
0.02
Second Quarter
0.16
0.06
First Quarter
0.24
0.07
Fiscal Year Ended July 31, 2023
Fourth Quarter
$ 0.15
$ 0.06
Third Quarter
0.17
0.07
Second Quarter
0.39
0.12
First Quarter
0.51
0.12
Transfer Agent
Our transfer agent is Empire Stock Transfer, 1859
Whitney Mesa Drive, Henderson, Nevada 89014 (702) 818-5898.
Holders of our Common Stock
As of November 13, 2024, 96,709,763 shares of our
common stock were outstanding. There are approximately 2,500 stockholders of record.
Dividends
We have never paid dividends with respect to our common
stock and cannot provide any assurance that we will declare or pay cash dividends on our common stock. Any future determination to declare
cash dividends will be made at the discretion of our board of directors, subject to applicable laws, and will depend on our financial
condition, results of operations, capital requirements, general business conditions and other factors that our board of directors may
deem relevant. Our board of directors expects to retain future earnings (if any) to finance our growth. See “ Management’s Discussion and Analysis of Financial Condition and Results of Operations .”
Securities Authorized for Issuance Under Equity
Compensation Plans
See Item 12 of this report for disclosure regarding
securities authorized for issuance under equity compensation plans required by Item 201(d) of Regulation S-K.
33
Recent Sales of Unregistered Securities
Unreported sales of unregistered securities were as
follows:
On September 29, 2023, we granted a non-employee consultant
250,000 stock options at $0.078 per share. These options expire September 24, 2028.
On December 20, 2023, ClearThink Capital Partners,
LLC (“ClearThink”) exercised their option to convert their convertible note payable of $175,000 plus $20,000 interest into
975,000 shares of common stock at $0.20 per share.
On January 18, 2024, Mast Hill converted $44,266 together
with $4,024 interest, and $1,750 for fees totaling $50,040 into 695,000 shares of common stock at a conversion price of $0.072 per share.
On January 31, 2024, we issued 12,444,445 warrants
exercisable at $0.072 per share having a total value of $63,455. These warrants expire December 13, 2027.
On April 30, 2024, we granted two non-employee consultants
a total of 2,250,000 stock options at $0.10 per share. These options expire April 29, 2029.
On June 28, 2024, we granted a non-employee consultant
2,500,000 stock options at $0.10 per share. These options expire June 27, 2029.
The stock options granted to non-employee consultants
were in exchange for services provided in an amount equal to the fair value of awards granted.
In issuing these shares, we relied on an exemption
from the registration requirements of the Securities Act of 1933 provided by Section 4(a)(2) of the Securities Act of 1933.
Issuer Purchases of Equity Securities
None.
Item 6.
Reserved