Quarterly report pursuant to Section 13 or 15(d)

SUBSEQUENT EVENTS

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SUBSEQUENT EVENTS
3 Months Ended
Mar. 31, 2023
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 9 – SUBSEQUENT EVENTS

 

In April 2023, the Company received $342,669 in subscriptions receivable related to warrants exercised in connection with the closing of its common stock and warrant unit offering on March 31, 2023. The Company issued to the holders the 107,556 shares of common stock from the warrant exercises as of March 31, 2023, and are included in total shares outstanding in this report as of that date.

 

In April 2023, the Company signed two consulting agreements for support in investor relations and other services as follows: a six month agreement with Redstone Communications pursuant to which the Company issued 30,000 shares of restricted common stock; and a six month agreement with Force Family Office pursuant to which the Company issued 16,000 shares of restricted common stock. Under these two agreements, the Company may issue an additional 46,000 shares in total over their respective terms based on certain performance metrics of the parties.