What changed in this filing

/stocks — the workspaceLOADING

Item 2. Unregistered Sales of Equity Securities

2020-12-11 compared with 2020-09-11 · 23 added, 22 removed, 8 unchanged (85% of the section changed)

1 unchanged sentence

of Equity Securities and Use of Proceeds.

During the three months ended July 31,

2020, we issued an aggregate of 1.5 million unregistered shares of common stock to three of our directors as disclosed in this

The non-cash expense for these share issuances totaled $7,029.

During the three months ended July 31,

2020, we issued an aggregate of 1.5 million stock options to three of our directors pursuant to their DLAs.

The non-cash expense

for stock options totaled $19,201.

During the three months ended July 31,

2020, we issued an aggregate of 1 million unregistered shares of common stock to four independent contractors pursuant to their

professional services agreements.

During the six months ended October 31,

2020, we issued an aggregate of 500,000 unregistered shares of common stock to one of our directors as disclosed in this Report.

The non-cash expense for this share issuance totaled $5,250.

During the six months ended October 31,

2020, we issued an aggregate of 500,000 stock options to one of our directors pursuant to his DLA.

The non-cash expense for this

stock option totaled $2,943.

During the six months ended October 31,

2020, we issued an aggregate of 500,000 unregistered shares of common stock to an independent contractor pursuant to his professional

services agreements.

The non-cash expense for these share issuances totaled $8,500.

During the three months ended July 31,

2020, we issued four Common Stock Purchase Warrants to Aeon for Block Trades transactions.

The warrants provide Aeon the right

to purchase 11,433,333 shares of common stock based upon these Block Trades pursuant to the Aeon Engagement Agreement.

We classified

these warrants as equity.

The warrants have a term of five years with an exercise price of approximately $0.01 per warrant share.

Using the Black-Scholes-Merton option pricing model, we determined the aggregate value of these warrants to be approximately $67,000.

During the six months ended

October 31, 2020, we issued four Common Stock Purchase Warrants to Aeon for Block Trades transactions.

The warrants provide Aeon

the right to purchase 22,933,333 shares of common stock based upon these Block Trades pursuant to the Aeon Engagement Agreement.

We classified these warrants as equity.

The warrants have a term of five years with an exercise price of approximately $0.01 per

warrant share.

Using the Black-Scholes-Merton option pricing model, we determined the aggregate value of these warrants to be

approximately $110,000.

The warrants have a cashless exercise feature.

All such securities were issued without

registration under the Securities Act of 1933, as amended, in reliance upon the exemption afforded by Section 4(a)(2) of that Act

based on the limited number of investors, the sophistication of the individuals involved and the use of restrictive legends on

the securities issued to prevent a public distribution of the relevant securities.

No underwriters were involved in any of these

registration under the Securities Act in reliance upon the exemption afforded by Section 4(a)(2) of that Act based on the limited

number of investors, the sophistication of the individuals involved and the use of restrictive legends on the securities issued

to prevent a public distribution of the relevant securities.

No underwriters were involved in any of these issuances.

Defaults Upon Senior Securities.

2 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-Q

Item 2. Unregistered Sales of Equity Securities