Common Stock |
Year Ending December
31, 2022
During the year ended December
31, 2022, the Company issued an aggregate of 20,773,874 shares of its common stock as follows:
|
· |
The Company issued 6,040,049 shares of its common stock upon the conversion of $178,000 in convertible notes at $0.02 to $0.03 per share, net of unamortized discount of $119,000. |
|
· |
The Company issued 14,483,825 shares of its common stock upon the exercise of warrants of $542,000, at $$0.03 to $0.04 per share. |
|
· |
The Company issued 250,000 shares of its common stock upon the exercise of options of $20,000, at $0.08 per share. |
Year Ending
December 31, 2021
During the year ended December 31, 2021, the Company
issued an aggregate of 32,118,979 shares of its common stock as follows:
|
· |
The Company issued 8,533,333 shares of its common stock at $0.015 per share for proceeds of $128,000 in a private placement. |
. |
|
|
|
· |
The Company issued 22,085,646 shares of its common stock upon the conversion of $524,000 in convertible notes at $0.02 to $0.03 per share, net of unamortized discount of $263,000. |
|
|
|
|
· |
The Company issued 500,000 shares of its common stock as compensation with a fair value of $20,000, or $0.04 per share. |
|
|
|
|
· |
The Company issued 1,000,000 shares of its common stock for services with a fair value of $40,000, or $0.04 per share. |
|