1 unchanged sentence
AND USE OF PROCEEDS
−Removed: As noted herein, in connection with the commencement
−Removed: of the trading of our Common Stock on Nasdaq Capital Market, we converted 66,667 shares of Series A Preferred Stock in to 833,333 shares
−Removed: of our common stock.
−Removed: This offering and sales were made in reliance on Section 4(a)(2) of the Securities Act of 1933, as amended.
−Removed: this determination we relied on the representations of the purchasers contained in the securities purchase agreements signed by the purchasers,
−Removed: which indicated the purchasers were knowledgeable about our management and our operations, were sophisticated investors, and understood
−Removed: the purchase was part of a private placement.
−Removed: As noted herein, in connection with the commencement
−Removed: of the trading of our Common Stock on Nasdaq Capital Market, approximately $1,228,997 in convertible notes payable were converted into
−Removed: 272,156 shares of our common stock.
−Removed: This offering and sales were made in reliance on Section 4(a)(2) of the Securities Act of 1933, as
−Removed: To make this determination we relied on the representations of the purchasers contained in the securities purchase agreements
−Removed: signed by the purchasers, which indicated the purchasers were knowledgeable about our management and our operations, were sophisticated
−Removed: investors, and understood the purchase was part of a private placement.
−Removed: As noted herein, in connection with underwritten
−Removed: public offering of 1,600,000 shares of common stock, we issued the underwriter, EF Hutton, a 5-year warrants to purchase 80,000 shares
−Removed: of common stock at an exercise price equal $5.75.
−Removed: This offering and sales were made in reliance on Section 4(a)(2) of the Securities Act
−Removed: of 1933, as amended.
−Removed: To make this determination we relied on the representations of the purchasers contained in the securities purchase
−Removed: agreements signed by the purchasers, which indicated the purchasers were knowledgeable about our management and our operations, were sophisticated
−Removed: investors, and understood the purchase was part of a private placement.
+Added: On July 19, 2022, the Company granted 16,667 shares of our common stock
+Added: for a stock award, which successfully cliff vested in May 2022.
+Added: On August 1 2022, we consummated the transactions under the MIPA, as
+Added: disclosed herein, including the issuance of the 3,009,552 shares of our common stock, comprising the Purchaser Stock Consideration, to
+Added: Jorgan and JBAH, entities controlled by Mr.
+Added: James Ballengee, who is now our Chief Executive Officer.
+Added: This issuances were made in reliance
+Added: on Section 4(a)(2) of the Securities Act of 1933, as amended.
+Added: To make this determination we relied on the representations of the purchasers
+Added: contained in the MIPA signed by the purchasers, which indicated the purchasers were knowledgeable about our management and our operations,
+Added: were sophisticated investors, and understood the purchase was part of a private placement.
DEFAULTS UPON SENIOR SECURITIES
2 unchanged sentences
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.