−Removed: Unregistered Sales of Equity Securities
−Removed: and Use of Proceeds .
−Removed: January 1, 2025 through March 19, 2025, the Company issued an aggregate of 2,548 shares of its common stock at an average contractual
−Removed: conversion price of $3 as a result of the conversion of principal of $7,090, interest of $760 and conversion fees $937 underlying certain
−Removed: outstanding convertible notes converted during such period.
−Removed: 3, 2025, the Company issued an aggregate of 8,555,500 shares of common stock to certain officers, employees, directors and consultants
−Removed: for services rendered.
−Removed: January 9, 2025 and March 23, 2025, the Company issued an aggregate of 2,025,000 shares of fully vested, non-forfeitable common stock
−Removed: to various consultants for consulting, investor relations and business advisory services with service terms ranging from 6 months to three
−Removed: January 5, 2025 and March 5, 2025, the Company issued an aggregate of 51,000 shares of common stock to certain vendors in exchange for
−Removed: payment of outstanding balance of accounts payable of $129,354 pursuant to debt exchange agreements.
−Removed: 23, 2025, the Company entered into a Debt Exchange with the former director and issued 30,000 shares of common stock in exchange for the
−Removed: total outstanding loan of $74,395.
−Removed: 5, 2025, the Company entered into debt exchange agreements with the two investors and issued an aggregate of 30,000 shares of common stock
−Removed: in exchange for the total outstanding loan including accrued interest of $86,248.
−Removed: 3, 2025, the Company issued 900,000 shares of common stock to an investor in exchange for all the existing warrants that included an alternate
−Removed: cashless exercise provision held by the investor pursuant to a Warrant Exchange Agreement.
−Removed: Except as otherwise noted, the
−Removed: securities in the transactions described above were sold in reliance on the exemption from registration provided in Section 4(a)(2) of
−Removed: the Securities Act and/or Rule 506(b) promulgated thereunder, as there was no general solicitation to the investors and the transactions
−Removed: did not involve any public offering.
+Added: Unregistered Sales of Equity Securities and Use of Proceeds.
+Added: July 1, 2025 through September 30, 2025, the Company issued an aggregate of 194,966 shares of its common stock at an average contractual
+Added: conversion price of $1.75 as a result of the conversion of principal of $298,797, interest of $37,052 and conversion fees $4,906 underlying
+Added: certain outstanding convertible notes converted during such period.
+Added: as otherwise noted, the securities in the transactions described above were sold in reliance on the exemption from registration provided
+Added: in Section 4(a)(2) of the Securities Act and/or Rule 506(b) promulgated thereunder, as there was no general solicitation to the investors
+Added: and the transactions did not involve any public offering.
All certificates evidencing the shares sold bore a restrictive legend.
−Removed: No underwriter participated
−Removed: in the offer and sale of these securities, and no commission or other remuneration was paid or given directly or indirectly in connection
+Added: No underwriter
+Added: participated in the offer and sale of these securities, and no commission or other remuneration was paid or given directly or indirectly
+Added: in connection therewith.
The proceeds from these sales were used for general corporate purposes.
Defaults Upon Senior Securities.
−Removed: As of March 31, 2025, we were in default under certain
−Removed: loan issued to certain noteholders on October 3, 2019 for failure to pay an aggregate of $65,280 and $50,477 of principal and accrued
−Removed: interest, respectively, and noteholder on August 15, 2023 for failure to pay an aggregate of $132,000 and $30,711 of principal and accrued
−Removed: interest, respectively, as of March 31, 2025, subsequent to their maturity date.
−Removed: Additionally, outstanding convertible notes for total
−Removed: principal amount of $275,485 with maturity dates between April 2024 and March 2025 are currently in default as of March 31, 2025.
−Removed: currently in discussions with such noteholders to extend such maturity date.
+Added: of September 30, 2025, we were in default under certain loan issued to certain noteholder on October 3, 2019 for failure to pay an aggregate
+Added: of $65,280 and $57,828 of principal and accrued interest, respectively, as of September 30, 2025, subsequent to their maturity date.
+Added: We are currently in discussions with such noteholder to extend such maturity date.
See “Note 5 and 6” to our unaudited condensed
1 unchanged sentence
Mine Safety Disclosures.
−Removed: Not Applicable.
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.