Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED
SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.
On January 6, 2021, the Company issued
25,000 shares of the Company’s Common Stock for consulting services at $1.40 per share. The total amount of $35,000 was included
in accrued expenses as of December 31, 2020. The issuance of the shares of common stock was exempt from registration pursuant to Section
4(a)(2) of the Securities Act of 1933, as amended.
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On January 21, 2021,
the Company issued 136,986 shares of the Company’s Common Stock for marketing services at $1.46 per share.
The issuance of the shares of common stock was exempt from registration pursuant to Section 4(a)(2) of the Securities Act of 1933, as
amended.
On February 1, 2021, the Company issued
1,932,163 shares of the Company’s common stock valued at $1.78 per share as partial consideration for the ChizComm acquisition.
The issuance of the shares of common stock was exempt from registration pursuant to Section 4(a)(2) of the Securities Act of 1933, as
amended.
On February 4, 2021, the Company issued 48,495
shares of the Company’s common stock valued at $1.81 per share as partial consideration for the ChizComm acquisition. The issuance
of the shares of common stock was exempt from registration pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended.
ITEM 3. DEFAULTS UPON
SENIOR SECURITIES.
None.
ITEM 4. MINE SAFETY DISCLOSURES.
Not applicable.
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