Item 5. Market for Registrant’s Common Equity
ITEM
5.
Market
for Registrants Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Our
common stock is currently traded on the OTCQB Marketplace operated by the OTC Markets Group, Inc. (the “OTCQB”) under the
symbol “WETH.”
Holders
of Record
On
April 14, 2023, the closing price per share of our common stock was $0.235 as reported on OTCQB Marketplace. We had approximately
417 stockholders of record as of April 14, 2023. On April 14, 2023 there were 193,604,965 shares of our common stock issued and
outstanding.
Dividend
Policy
We
do not anticipate declaring or paying, in the foreseeable future, any cash dividends on our capital stock. We intend to retain all available
funds and future earnings, if any, to fund the development and expansion of our business. Any future determination regarding the declaration
and payment of dividends, if any, will be at the discretion of our board of directors and will depend on then-existing conditions, including
our financial condition, operating results, contractual restrictions, capital requirements, business prospects and other factors our
board of directors may deem relevant.
Securities
Authorized for Issuance Under Equity Compensation Plan
The
Company does not have any equity compensation plans.
Recent
Sales of Unregistered Securities
None.
Purchases
of Equity Securities by the Company and Affiliated Purchasers
None.
48
ITEM
6.
[Reserved]
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