VISIUM TECHNOLOGIES, INC. 10-K

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities. Our common shares are quoted on the OTC Pink Quotation System under the symbol “VISM,” but trade infrequently. The high and low bid prices of our common stock for the periods indicated below are as follows: Fiscal Year Ended June 30, 2023 High Low Quarter Ended September 30, 2022 $ 5.00 $ 0.55 Quarter Ended December 31, 2022 $ 1.00 $ 0.08 Quarter Ended March 31, 2023 $ 0.644 $ 0.052 Quarter Ended June 30, 2023 $ 0.226 $ 0.007 Fiscal Year Ended June 30, 2022 High Low Quarter Ended September 30, 2021 $ 28.378 $ 5.946 Quarter Ended December 31, 2021 $ 14.595 $ 3.784 Quarter Ended March 31, 2022 $ 8.649 $ 2.162 Quarter Ended June 30, 2022 $ 4.595 $ 1.351 Stockholders As of September 20, 2023, there were 14,800 stockholders of record of our Common Stock. Dividend Policy We have not paid any cash dividends and do not anticipate or contemplate paying dividends in the foreseeable future. Recent Sales of Unregistered Securities During the year ended June 30, 2023 the Company issued 19,235,473 shares of its common stock related to the conversion of $718,325 of principal and accrued interest of its convertible notes payable, at an average contract conversion price of $0.04 per share. The fair value of the shares issued was $753,394. Stock Based Compensation and Stock Based Consulting Services Expense During the year ended June 30 2023, the Company issued 664,002 shares of its $0.0001 par value common stock to three consultants, as compensation for services rendered. The shares were valued at $74,196, or $0.11 per share. During the year ended June 30, 2023 the Company issued 855,002 shares of its $0.0001 par value common stock to six employees, as compensation for services rendered. The shares were valued at $218,155, or $0.27 per share. During the year ended June 30, 2023 the Company issued 4,045,928 shares of its $0.0001 par value common stock to our Directors and Officer, as compensation for services rendered. The shares were valued at $564,125, or $0.14 per share. 9 Table of Contents Warrants During the fiscal year ended June 30, 2023 the Company issued 68,755 shares of its $0.0001 par value common stock pursuant to two cashless exercises. Commitment Shares During the fiscal year ended June 30, 2023 the Company issued 66,668 shares of its $0.0001 par value common stock to two investors as commitment shares pursuant to the issuance of promissory notes. The shares were valued at $14,000, or $0.21 per share, the market price on the date of the issuance. Funding We generated net proceeds of $140,000 from the issuance of two convertible notes during the year ended June 30, 2023. We generated net proceeds of $150,000 from the issuance of two one-year promissory notes, and $40,000 from an 8-month promissory note during the year ended June 30, 2023, for a total of $190,000. Rule 10B-18 Transactions During the year ended June 30, 2023, there were no repurchases of the Company’s common stock by the Company. Item 6. Selected Financial Data. As a “smaller reporting company”, we are not required to provide information required by this item.