Market for Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
−Removed: common stock is quoted on the OTCQB under the symbol “SUND.” There is no “established trading market” for our
−Removed: shares of common stock.
−Removed: No assurance can be given that any established trading market for our common stock will develop or be maintained,
−Removed: and if an established trading market develops in the future, the sale of shares of our common stock that are deemed to be “restricted
−Removed: securities” or “control securities” pursuant to Rule 144 of the SEC by members of management or others may have a substantial
−Removed: adverse impact on any such market.
−Removed: forth below are the high and low closing bid prices for our common stock for each quarter of fiscal years ended March 31, 2022, and 2021.
−Removed: These bid prices were obtained from the FINRA composite feed or other qualified interdealer quotation medium.
−Removed: All prices listed herein
−Removed: reflect inter-dealer prices, without retail mark-up, mark-down or commissions and may not represent actual transactions.
−Removed: Fiscal Year Ended
−Removed: March 31, 2022
−Removed: April 1 through June 30, 2021
−Removed: July 1 through September 30, 2021
−Removed: October 1 through December 31, 2021
−Removed: January 1 through March 31, 2022
−Removed: March 31, 2021
−Removed: April 1 through June 30, 2020
−Removed: July 1 through September 30, 2020
−Removed: October 1 through December 31, 2020
−Removed: January 1 through March 31, 2021
−Removed: had 93 stockholders of record as of June 29, 2022 and an indeterminate number of stockholders who hold shares in “street
+Added: common stock is quoted on the OTCQB under the symbol “SUND.” There is no “established
+Added: trading market” for our shares of common stock.
+Added: No assurance can be given that any established trading market for our common stock
+Added: will develop or be maintained, and if an established trading market develops in the future, the sale of shares of our common stock that
+Added: are deemed to be “restricted securities” or “control securities” pursuant to Rule 144 of the SEC by members of
+Added: management or others may have a substantial adverse impact on any such market.
+Added: had 93 stockholders of record as of June 29, 2023 and an indeterminate number of stockholders who hold shares in “street name”.
are no present material restrictions that limit our ability to pay dividends on our common or preferred stock.
10 unchanged sentences
Sales of Unregistered Securities
−Removed: October 29, 2021, the we issued a private placement memorandum offering to raise up to $500,000 through the issuance of restricted shares
+Added: October 29, 2021, we issued a private placement memorandum offering to raise up to $500,000 through the issuance of restricted shares
of our common stock (par value $0.001) to qualified investors.
5 unchanged sentences
and a stockholder and 488,583 warrants to Mr.
−Removed: Dickman in conjunction with various extensions of maturity dates during the period (see
+Added: Dickman in conjunction with various extensions of maturity dates during the period
+Added: (see Note 8).
The exercise price of these warrants was $0.05.
9 unchanged sentences
a fair value of $1.049 per share, a risk-free rate of 1.43%, volatility of 131.78% and a dividend rate of 0%.
+Added: the year ended March 31, 2023 the Company issued 264,600 warrants to the Chairman of the Board of Directors and 120,000 warrants to Radiant
+Added: Life, LLC in conjunction with monies borrowed during the period (see Note 8).
+Added: The exercise price of these
+Added: warrants was $1.05.
+Added: The value of the warrants on the date of grant, as calculated by the Black-Scholes-Merton valuation model was $365,502.
+Added: The inputs used in this calculation included a fair value of the underlying common stock of $1.049 per share, a risk-free between 3.62%
+Added: and 4.31%, volatility between 142.23% and 148.56% and a dividend rate of 0%.
+Added: the year ended March 31, 2023, the Company issued 339,749 warrants to Mr.
+Added: Dickman, 719,300 warrants to the Chairman of the Board of Directors,
+Added: and 649,754 warrants to Radiant Life, LLC in conjunction with an extension of the maturity dates during the period (see Note 8) per the
+Added: terms outlined above.
+Added: The exercise price of these warrants was $1.05.
+Added: The value of the warrants on the date of grant, as calculated by
+Added: the Black-Scholes-Merton valuation model was $1,678,810.
+Added: The inputs used in this calculation included a fair value of the underlying
+Added: common stock of $1.049 per share, a risk-free between 3.49% and 3.95%, volatility between 142.92% and 145.49% and a dividend rate of
of Equity Securities by Us and Affiliated Purchasers
−Removed: Selected Financial Data
−Removed: required of smaller reporting companies.
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.