SUBSEQUENT EVENTS |
9 Months Ended | |||||||||
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Sep. 30, 2021 | ||||||||||
Subsequent Events [Abstract] | ||||||||||
SUBSEQUENT EVENTS |
NOTE 12 – SUBSEQUENT EVENTS
Convertible Promissory Debenture
On October 28, 2021, Osher elected to convert $16,714 of the aggregate principal amount of the Note of $385,000, into common shares.
On October 25, 2021, Osher elected to convert the aggregate principal amount of the Note, $110,000, into common shares.
On October 22, 2021, the Company and Osher amended convertible debt agreements as follows:
Common Stock
On November 3, 2021, the Company entered into a three-month Advertising and Marketing Consulting Agreement (“Agreement”) with a third party. The Company agreed to pay $20,000 per month and issue shares of the Company’s common stock on the 60th day of the term of the Agreement. This issuance will be pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended, in a transaction exempt from registration.
On October 20, 2021, the entered into a securities purchase agreement with an accredited investor that resulted in the issuance of 320,000 shares of the Company’s common stock for total proceeds totaling $400,000. The offering allowed for qualified investors to purchase one share of the Company’s common stock at $ . For each share purchased, the investor received a warrant to purchase one share of common stock at $ per share. No commissions were paid in the offering. This issuance was pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended, in a transaction exempt from registration. shares of common stock and warrants to purchase an aggregate of
On October 14, 2021, the Company issued a total of 37,600 (based on the stock price of the Company’s common stock on the date of issuance) to a third party, for communications to the financial industry. This issuance was pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended, in a transaction exempt from registration. shares of its restricted common stock valued at $ |