Quarterly report pursuant to Section 13 or 15(d)

Other Subsequent Events

v3.21.2
Other Subsequent Events
9 Months Ended
Sep. 30, 2021
Other Subsequent Events  
Note 11. Other Subsequent Events

Note 11. Other Subsequent Events

 

Equity Issuances:

 

During October 2021, the Company issued 5,495 shares of common stock in exchange for services.

 

During October 2021, holders of convertible promissory notes aggregating $1,901,750 converted the entire principal amount into 2,535,665 shares of common stock.

 

During October 2021, a holder of a convertible promissory note in the amount of $75,000 converted $50,000 of the principal into 66,667 shares of common stock.

 

During October 2021, the Company issued a warrant agreement entitling the holder to purchase up to 200,000 shares of its common stock at a fixed conversion price of $1.00 per share. The warrant agreement has a term of 2 years.