Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
−Removed: Market Information
−Removed: common stock is quoted under the ticker symbol “PPCB” on the OTCQB.
−Removed: Only a limited market exists for our common stock.
−Removed: is no assurance that a regular trading market will develop, or if developed, that it will be sustained.
−Removed: Therefore, a stockholder may
−Removed: be unable to resell his securities in our Company.
−Removed: September 24, 2021, the last reported sales price per share of our common stock on the OTCQB was $0.0249.
+Added: common stock is quoted under the ticker symbol “PPCB” on the OTC Pink.
+Added: September 26, 2022, the last reported sales price per share of our common stock on the OTC Pink was $0.0015.
of September 26, 2022, we had 79 record holders of our common stock.
6 unchanged sentences
issued for conversion of convertible debt
−Removed: the year ended June 30, 2021, the Company issued an aggregate of 8,786,113 shares of its common stock at an average contractual conversion
−Removed: price of $0.13, ranging from $0.03 to $2.00, as a result of the conversion of principal of $1,018,867, interest of $103,321 and conversion
−Removed: fees $16,500 underlying certain outstanding convertible notes converted during such period.
−Removed: were 24,427 unissued shares which were considered issuable for accounting purposes during the first quarter of fiscal 2021 related to
−Removed: conversion notices dated and received in September 2020.
−Removed: In November 2020, the Company was notified by the note holder of the cancellation
−Removed: of these conversion notices and as such the Company reversed the effects of these transactions.
+Added: the year ended June 30, 2022, the Company issued an aggregate of 96,959,620 shares of its common stock and common stock issuable of 7,326,007
+Added: shares at average contractual conversion prices ranging from $0.01 to $0.04, as a result of the conversion of principal of
+Added: $599,148, interest of $36,154 and conversion fees $2,250 underlying certain outstanding convertible notes converted during such period.
+Added: The common stock issuable of 7,326,007 shares were issued on July 12, 2022.
Company has 730,181,169 shares of its common stock reserved for future issuances based on lender reserve requirements pursuant to underlying
1 unchanged sentence
issued for services
−Removed: March 22, 2021, the Company issued an aggregate of 225,037 shares of the Company’s common stock to a consultant for services rendered
−Removed: from January 1, 2021 to March 22, 2021.
−Removed: The Company issued 225,037 shares of the Company’s common stock valued at $0.30 per share,
−Removed: being the closing price of the stock on the date of grant to such consultant, or $67,511.
−Removed: March 2021 and June 2021, the Company issued an aggregate of 580,609 shares of the Company’s common stock to a consultant for services
−Removed: rendered from April 1, 2021 to June 30, 2021.
−Removed: The Company issued 580,609 shares of the Company’s common stock valued at $0.10 per
−Removed: share, being the closing price of the stock on the date of grant to such consultant, or $58,061.
+Added: On August 12, 2021, the Board
+Added: approved the issuance of 2,800,000 shares of the Company’s common stock for bonus payable of $84,000 as of June 30, 2021 to an employee
+Added: who is the wife of the CEO of the Company.
+Added: The 2,800,000 shares of common stock were valued at approximately $0.03 per share or $87,920,
+Added: being the closing price of the stock on the date of grant.
+Added: The shares were issued on August 17, 2021.
+Added: The Company recorded stock-based
+Added: compensation of $3,920 during the year ended June 30, 2022 and reclassified bonus payable of $84,000 to additional paid in capital upon
+Added: On August 12, 2021, the Board
+Added: approved the issuance of 166,667 shares of the Company’s common stock for legal services rendered for the month of August 2021.
+Added: The 166,667 shares of common stock were valued at approximately $0.05 per share or $7,883, being the closing price of the stock on August
+Added: 31, 2021, the date of grant.
+Added: The shares were issued on September 3, 2021.
+Added: The Company recorded stock-based compensation of $7,883 during
+Added: the year ended June 30, 2022.
+Added: In September 2021, the Company
+Added: issued 2,819,712 shares of the Company’s common stock to a consultant for services rendered from July 2021 to September 2021 valued
+Added: at approximately $0.04 per share or $104,611, being the closing price of the stock on the date of grant to such consultant.
+Added: recorded stock-based compensation of $104,611 during the year ended June 30, 2022.
+Added: January 20, 2022, the Board approved the issuance of 666,667 shares of the Company’s common stock for legal services rendered in
+Added: January 2022.
+Added: The 666,667 shares of common stock were valued at approximately $0.03 per share or $20,000, being the average closing prices
+Added: of the stock for the month of January 2022, the date of grant.
+Added: The Company recorded stock-based compensation of $20,000 during the year
+Added: ended June 30, 2022.
+Added: January 24, 2022, the Company issued 2,274,224 shares of the Company’s common stock to a consultant for services rendered from
+Added: October 2021 to December 2021.
+Added: The Company issued 2,274,224 shares of the Company’s common stock valued at approximately $0.02
+Added: per share or $45,030, being the closing price of the stock on the date of grant to such consultant.
+Added: The Company recorded stock-based
+Added: compensation of $45,030 during the year ended June 30, 2022.
+Added: February 17, 2022, the Board approved the issuance of 1,148,326 shares of the Company’s common stock to a consultant for services
+Added: rendered upon the termination of the consulting agreement (see Note 9).
+Added: The Company valued the shares at approximately $0.02 per share
+Added: or $24,000 being the closing price of the stock on the date of grant to such consultant.
+Added: The shares were issued on April 7, 2022.
+Added: Company recorded stock-based compensation of $24,000 during the year ended June 30, 2022.
+Added: April 13, 2022, the Company issued 3,833,683 shares of the Company’s common stock to a consultant for services rendered from January
+Added: 2022 to March 2022.
+Added: The Company issued 3,833,683 shares of the Company’s common stock valued at approximately $0.01 per share or
+Added: $46,771, being the closing price of the stock on the date of grant to such consultant.
+Added: The Company recorded stock-based compensation
+Added: of $46,771 during the year ended June 30, 2022.
+Added: June 30, 2022, the Board approve the issuance of 12,270,958 shares of the Company’s common stock to a consultant for services rendered
+Added: from April 2022 to June 2022.
+Added: The 12,270,958 shares was reflected as common stock issuable and was valued at approximately $0.01 per
+Added: share or $45,403, being the closing price of the stock on the date of grant to such consultant.
+Added: The Company recorded stock-based compensation
+Added: of $45,403 during the year ended June 30, 2022.
+Added: The common stock issuable of 12,270,958 shares were issued on July 1, 2022.
issued for exercise of warrants
−Removed: the year ended June 30, 2021, the Company received aggregate gross proceeds of $776,044 from the exercise of 10,445 prefunded warrants
−Removed: and 19,375 Series B Warrants resulting in the issuance of 29,820 shares of common stock.
−Removed: Additionally, the Company issued 4,199,979 shares
−Removed: of common stock from the alternate cashless exercise of 20 Series A and 1 Series C warrants.
+Added: the year ended June 30, 2022, the Company received aggregate gross proceeds of $625,000 from the exercise of 15,625 Series B Warrants
+Added: and issued 15,625 shares of common stock.
+Added: the year ended June 30, 2022, the Company issued 56,799,716 shares of common stock from the alternate cashless exercise of 284 Series
+Added: A warrants with an original exercise price of $200 and alternate cashless exercise price of $0.001.
Selected Financial Data.
1 unchanged sentence
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.