−Removed: Unregistered Sales
−Removed: of Equity Securities and Use of Proceeds.
−Removed: During the three months ended January 31,
−Removed: 2021, we issued an aggregate of 6.6 million unregistered shares of common stock to our executive officers pursuant to their respective
−Removed: 2021 executive compensation agreement as disclosed in this Report.
−Removed: The non-cash expense for this share issuance totaled $44,220.
−Removed: During the three months ended January 31,
−Removed: 2021, we issued an aggregate of 9 million stock options to our three executive officers pursuant to their respective 2021 executive
−Removed: compensation agreement.
−Removed: The non-cash expense for these stock options totaled $38,344.
−Removed: All such securities were issued without
−Removed: registration under the Securities Act in reliance upon the exemption afforded by Section 4(a)(2) of that Act based on the limited
−Removed: number of investors, the sophistication of the individuals involved and the use of restrictive legends on the securities issued
−Removed: to prevent a public distribution of the relevant securities.
−Removed: No underwriters were involved in any of these issuances.
+Added: Sales of Equity Securities and Use of Proceeds.
+Added: During the three-months ended July 31, 2021, we
+Added: issued an aggregate of 1,002 unregistered shares of common stock to three of our directors pursuant to their DLAs.
+Added: The non-cash expense
+Added: for these share issuances totaled $4,885.
+Added: During the three-months ended July 31, 2020, we
+Added: issued an aggregate of 1,000 stock options to three of our directors pursuant to their DLAs.
+Added: The non-cash expense for stock options totaled
+Added: During the three-months ended July 31, 2020, we
+Added: issued an aggregate of 334 unregistered shares of common stock to two independent contractors pursuant to their professional services
+Added: The non-cash expense for these share issuances totaled $1,620.
+Added: All such securities were issued without registration
+Added: under the Securities Act of 1933, as amended, in reliance upon the exemption afforded by Section 4(a)(2) of that Act.
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.