Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: July 13, 2022, the Company issued 14,336,712 shares of its common stock at an average price per share of approximately $0.002, as a result
−Removed: of delivering one draw down notice to the Investor.
−Removed: Consequently, the Company received gross aggregate proceeds of $24,711 from such
−Removed: draw down notice.
−Removed: of June 30, 2022, there was common stock issuable of 7,326,007 from the conversion of debt during fiscal 2022.
−Removed: The common stock issuable
−Removed: of 7,326,007 were issued on July 12, 2022.
−Removed: July 1, 2022 through September 14, 2022, the Company issued an aggregate of 264,492,661 shares of its common stock at an average contractual
+Added: October 25, 2022, the Company issued 6,111,112 shares of the Company’s Common Stock to a consultant for services rendered in October
+Added: The Company valued these shares based on quoted trading prices on the date of grant at $0.0009 per share or $5,500, which was recorded
+Added: as stock-based consulting expense.
+Added: November 16, 2022, the Company issued 73,301,020 shares of the Company’s Common Stock to a consultant for services rendered from
+Added: July 2022 to November 2022.
+Added: The Company issued 73,301,020 shares of the Company’s Common Stock valued at approximately $0.00007
+Added: per share or $51,311, being the closing price of the stock on the date of grant to such consultant.
+Added: October 17, 2022 through December 27, 2022, the Company issued an aggregate of 380,506,070 shares of its Common Stock at an average contractual
conversion price of $0.001 as a result of the conversion of principal of $485,700, and accrued interest of $29,521 underlying certain
outstanding convertible notes converted during such period.
−Removed: The total recorded to equity was $456,939.
−Removed: of June 30, 2022, there was common stock issuable of 12,270,958 for services rendered during fiscal 2022.
−Removed: The common stock issuable of
−Removed: 12,270,958 were issued on July 1, 2022.
as otherwise noted, the securities in the transactions describe above were sold in reliance on the exemption from registration provided
6 unchanged sentences
Defaults Upon Senior Securities.
−Removed: of September 30, 2022, we were in default under certain convertible promissory note issued to certain noteholder on October 3, 2019 for
−Removed: failure to pay an aggregate of $65,280 and $28,398 of principal and accrued interest, respectively, as of September 30, 2022, subsequent
−Removed: to their maturity date.
+Added: of December 31, 2022, we were in default under a certain loan payable issued to certain lender on October 3, 2019 for failure to pay
+Added: an aggregate of $65,280 and $28,398 of principal and accrued interest, respectively, as of December 31, 2022, subsequent to their maturity
We are currently in discussions with such noteholder to extend such maturity date.
−Removed: See “Note 6 –
−Removed: Convertible Notes” to our unaudited condensed consolidated financial statements in Part I of this Quarterly Report for additional
+Added: See “Note 5 – Loans” to our
+Added: unaudited condensed consolidated financial statements in Part I of this Quarterly Report for additional information.
Mine Safety Disclosures.
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.