−Removed: Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: issued the following securities during the three months ended July 31, 2021 and through the date of this Quarterly Report on Form 10-Q:
−Removed: May 2021, the Company sold an aggregate of 2,087,822 shares of common stock to eight “accredited
−Removed: investors” at $0.13 per share for an aggregate purchase price of $286,250.
+Added: Sales of Equity Securities and Use of Proceeds
+Added: We issued the following securities during the three
+Added: months ended January 31, 2022 and through the date of this Quarterly Report on Form 10-Q:
+Added: November 2021, the Company sold an aggregate of 8,000,000 shares of common stock to one “accredited
+Added: investor” at $0.05 per share for an aggregate purchase price of $400,000.
were used for working capital.
−Removed: the period June 2021 through July 2021, the Company sold an aggregate of 11,541,500 shares
−Removed: of common stock to four “accredited investors” at prices ranging from $0.05 per
−Removed: share to $0.13 per share for an aggregate purchase price of $631,020.
−Removed: The proceeds were used
−Removed: for working capital.
−Removed: August 2021, the Company sold an aggregate of 3,000,000 shares of common stock to one “accredited
+Added: January 2022, the Company sold an aggregate of 666,667 shares of common stock to one “accredited
investor” at $0.03 per share for an aggregate purchase price of $20,000.
+Added: price was paid through an offset of an outstanding balance owed by the Company to the investor
+Added: at the time of the sale of $20,000.
+Added: January 11, 2022, the Company entered into a Securities Purchase Agreement with AJB Capital
+Added: Investments, LLC (the “Purchaser”) pursuant to which we sold a Promissory Note
+Added: in the principal amount of $600,000 to the Purchaser in a private transaction for a purchase
+Added: price of $540,000 (giving effect to original issue discount of $60,000).
+Added: The proceeds were
+Added: used for working capital.
+Added: February 2022, the Company sold an aggregate of 8,333,333 shares of common stock to one “accredited
+Added: investor” at $0.03 per share for an aggregate purchase price of $250,000.
were used for working capital.
−Removed: of the above issuances involved any underwriters, underwriting discounts or commissions, or any public offering and we believe were exempt
−Removed: from the registration requirements of the Securities Act by virtue of Section 4(a)(2) and Regulation D promulgated thereunder due to
−Removed: the fact that there was no solicitation or advertising and the did not involve a public offering of securities.
+Added: None of the above issuances involved any underwriters,
+Added: underwriting discounts or commissions, or any public offering and we believe were exempt from the registration requirements of the Securities
+Added: Act by virtue of Section 4(a)(2) and Regulation D promulgated thereunder due to the fact that there was no solicitation or advertising
+Added: and the did not involve a public offering of securities.
Defaults upon Senior Securities
−Removed: Mine Safety Disclosures
+Added: Safety Disclosures
+Added: Not applicable.
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.