NOTE 6 - COMMON STOCK |
9 Months Ended | ||||||||||||||||||||||||||||||
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Jul. 31, 2022 | |||||||||||||||||||||||||||||||
| Notes | |||||||||||||||||||||||||||||||
| NOTE 6 - COMMON STOCK | NOTE 6 - COMMON STOCK
Stock Dividend
On November 2, 2020, our Board of Directors effectuated a three-for-one stock split of our common stock in the form of a stock dividend (the “Stock Split”), so that each stockholder of record as of the close of business on November 2, 2020 received two (2) additional shares of common stock for each share of common stock held by such stockholder. This resulted in 6,158,600 additional shares of common stock being issued to the current shareholders and 1,267,848 shares set aside for the common stock subscribed for the private placement and the SAFE instrument conversions. After the stock dividend, the Company has 11,132,208 shares outstanding. No effect on the par value of the shares occurred and remains at $0.01, par value. All current and prior period amounts related to shares outstanding, price per share and earnings per share in the Company’s financial statements and accompanying notes have been restated to give retroactive presentation related to the stock split.
Warrants
At July 31, 2022, warrants outstanding are as follows:
On December 31, 2021, warrants to purchase 254,511 shares of common stock expired unexercised. |