Market for Registrant’s Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities.
−Removed: Our common shares are quoted on the OTC ID Quotation System under the symbol “VISM,” but trade infrequently.
+Added: The Company filed a Notification of Late Filing on Form 12b-25 on September 29, 2026.
+Added: This Annual Report is filed within the Rule 12b-25 extension period, which runs through October 13, 2026.
+Added: On September 11, 2026, the Board of Directors approved a 1-for-1,500 reverse split of the Company's common stock and a reduction of the number of authorized shares of common stock to 2,000,000.
+Added: The reverse split has not been effected, and all share counts, per-share amounts, and conversion disclosures in this Annual Report are presented on a pre-split basis.
+Added: See Note 16 to the consolidated financial statements.
+Added: The conversion ratios of the Series A, Series B and Series D Convertible Preferred Stock will be adjusted proportionately to reflect the reverse split.
+Added: Our common shares are quoted on the OTC ID Quotation System (“OTCID”) 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:
+Added: Such over-the-counter market quotations reflect inter-dealer prices, without retail mark-up, mark-down or commission, and may not necessarily represent actual transactions.
Fiscal Year Ended June 30, 2026
12 unchanged sentences
Recent Sales of Unregistered Securities
−Removed: During the year ended June 30, 2025 the Company issued 63,291,270 shares of its common stock related to the conversion of $265,824 of principal, fees and accrued interest of its convertible notes payable, at an average contract conversion price of $0.0042 per share.
−Removed: Stock Based Compensation and Stock Based Consulting Services Expense
−Removed: During the year ended June 30 2025, the Company issued 14,300,000 shares of its $0.0001 par value common stock to consultants, as compensation for services rendered.
−Removed: The shares were valued at $60,860, or $0.0042 per share.
−Removed: During the year ended June 30, 2025 the Company issued 3,500,000 shares of its $0.0001 par value common stock to four employees, as compensation for services rendered.
−Removed: The shares were valued at $14,700, or $0.0042 per share.
−Removed: During the year ended June 30, 2025 the Company issued 73,500,000 shares of its $0.0001 par value common stock to our Directors and Officer, as compensation for services rendered.
−Removed: The shares were valued at $308,700, or $0.0042 per share.
−Removed: We generated net proceeds of $569,200 from the issuance of thirteen one-year promissory notes during the year ended June 30, 2025.
−Removed: Rule 10B-18 Transactions
−Removed: During the year ended June 30, 2025, there were no repurchases of the Company’s common stock by the Company.
−Removed: Selected Financial Data.
−Removed: As a “smaller reporting company”, we are not required to provide information required by this item.
+Added: Unregistered sales of equity securities (Item 701 of Regulation S-K).
+Added: During the fiscal year ended June 30, 2026, we issued the unregistered securities described below.
+Added: No underwriter participated, and we made no general solicitation.
+Added: The securities were issued as restricted securities.
+Added: Issuance Date
+Added: Security Issued
+Added: Number of Shares
+Added: Consideration
+Added: Conversion of convertible notes
+Added: August 5, 2025
+Added: Conversion of convertible notes
+Added: August 14, 2025
+Added: Commitment shares issued in connection with note financings
+Added: September 5, 2025
+Added: Services provided by consultants
+Added: September 8, 2025
+Added: Services provided by directors and officers
+Added: November 19, 2025
+Added: Services provided by consultants
+Added: December 10, 2025
+Added: Services provided by consultants
+Added: December 10, 2025
+Added: Services provided by directors and officers
+Added: December 10, 2025
+Added: Services provided by employees
+Added: December 23, 2025
+Added: Commitment shares issued in connection with note financings
+Added: January 16, 2026
+Added: Commitment shares issued in connection with note financings
+Added: January 16, 2026
+Added: Commitment shares issued in connection with note financings
+Added: February 26, 2026
+Added: Services provided by directors and officers
+Added: March 6, 2026
+Added: Conversion of convertible notes
+Added: March 9, 2026
+Added: Conversion of convertible notes
+Added: March 24, 2026
+Added: Conversion of convertible notes
+Added: March 31, 2026
+Added: Conversion of convertible notes
+Added: April 3, 2026
+Added: $375,000 cash ($0.00075 per share)
+Added: April 3, 2026
+Added: Series AA Convertible Preferred Stock
+Added: $300,000 cash ($100,000 per share)
+Added: April 6, 2026
+Added: Conversion of convertible notes
+Added: April 6, 2026
+Added: Settlement of $2,834,819 of accrued compensation and consulting obligations
+Added: April 16, 2026
+Added: Series D Convertible Preferred Stock
+Added: $1,444,859 stated value, issued in exchange for $1,014,000 of promissory-note principal, $67,500 of convertible-note principal and $363,359 of amounts due to an officer and former directors
+Added: April 21, 2026
+Added: Conversion of convertible notes
+Added: April 22, 2026
+Added: Conversion of convertible notes
+Added: April 27, 2026
+Added: Conversion of convertible notes
+Added: April 27, 2026
+Added: Conversion of convertible notes
+Added: Conversion of convertible notes
+Added: Conversion of convertible notes
+Added: Conversion of convertible notes
+Added: The 170,089,806 shares of Common Stock issued upon conversion of convertible notes (aggregate principal, accrued interest and fees converted of $317,035;
+Added: see Note 4) were issued in reliance on Section 3(a)(9) of the Securities Act.
+Added: The 500,000,000 shares of Common Stock and three shares of Series AA Convertible Preferred Stock sold to PT Smart Green Technologies for $375,000 and $300,000, respectively, and the 120,000,000 shares of Common Stock sold to PT Smart Green Technologies in August 2026 for $108,000, were sold in reliance on Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D.
+Added: The 68,250,000 shares of Common Stock issued to directors, officers, an employee and consultants for services (aggregate grant-date fair value of $352,150;
+Added: see Note 8), the 40,000,000 shares of Common Stock issued in settlement of $2,834,819 of accrued compensation and consulting obligations (aggregate fair value of $132,000;
+Added: see Note 13), and the 2,625,000 commitment shares issued in connection with note financings (aggregate fair value of $18,788, recorded as debt discount and fully recognized during fiscal 2026;
+Added: see Note 5) were issued in reliance on Section 4(a)(2) of the Securities Act;
+Added: none of the shares issued for services was issued under a stockholder-approved equity compensation plan.
+Added: The 1,444,859 shares of Series D Convertible Preferred Stock issued in April 2026 and the 35,000 shares issued on September 21, 2026 in exchange for outstanding indebtedness and amounts due (see Note 7 and Note 16) were issued in reliance on Section 3(a)(9) of the Securities Act and, to the extent that exemption was unavailable, Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D;
+Added: each holder represented that it was an accredited investor or otherwise capable of evaluating the merits and risks of the investment and acquired the shares for investment, and the shares and the common stock issuable on their conversion are restricted securities.
+Added: The Company believes that each of the foregoing transactions was exempt from the registration requirements of the Securities Act pursuant to the exemptions identified above.
+Added: The securities issued in these transactions were issued without registration under the Securities Act and were subject to applicable restrictions on transfer.
+Added: Subsequent Issuances
+Added: Subsequent to June 30, 2026, the Company completed the following issuances:
+Added: Issuance Date
+Added: Security Issued
+Added: Number of Shares
+Added: Consideration
+Added: August 20, 2026
+Added: $108,000 cash ($0.0009 per share)
+Added: September 21, 2026
+Added: Series D Convertible Preferred Stock
+Added: $35,000 of convertible-note principal
+Added: Issuer Purchases of Equity Securities
+Added: Neither the Company nor any affiliated purchaser purchased any shares of the Company’s equity securities during the fourth quarter of fiscal 2026.
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.