Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES
AND USE OF PROCEEDS.
The following issuances of
our securities during the three-month period ended September 30, 2021 were exempt from the registration requirements of the Securities
Act of 1933 pursuant to Section 4(a)(2) thereof and/or Rule 506 of Regulation D promulgated thereunder.
Common Stock Sold for Cash
On July 9, 2021, we sold a
total of 714,701 shares of common stock, restricted in accordance with Rule 144, to multiple accredited investors at a purchase price
of $4.25 per share, including 407,204 shares that were purchased by officers and directors, resulting in proceeds from the sales of $3,037,511.
Common Stock Issued for Services
On August 31, 2021,
we issued 5,541 shares of common stock, restricted in accordance with Rule 144, to Claudia Goldfarb, our Chief Executive Officer, for
services rendered.
On August 31, 2021,
we issued 6,044 shares of common stock, restricted in accordance with Rule 144, to Ira Goldfarb, our Executive Chairman, for services
rendered.
On July 31, 2021, we
issued 5,541 shares of common stock, restricted in accordance with Rule 144, to Claudia Goldfarb, our Chief Executive Officer, for services
rendered.
On July 31, 2021, we
issued 6,044 shares of common stock, restricted in accordance with Rule 144, to Ira Goldfarb, our Executive Chairman, for services rendered.
On July 7, 2021,
we issued 5,541 shares of common stock, restricted in accordance with Rule 144, to Claudia Goldfarb, our Chief Executive Officer, for
services rendered.
On July 7, 2021,
we issued 6,044 shares of common stock, restricted in accordance with Rule 144, to Ira Goldfarb, our Executive Chairman, for services
rendered.
ITEM 3. DEFAULTS UPON SENIOR SECURITIES.
None.
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ITEM 4. MINE SAFETY DISCLOSURES.
Not applicable.
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