RELATED PARTY TRANSACTIONS |
3 Months Ended |
|---|---|
Apr. 30, 2025 | |
| Related Party Transactions [Abstract] | |
| RELATED PARTY TRANSACTIONS | NOTE 6 – RELATED PARTY TRANSACTIONS
The Company compensated its officers $277,500 and $257,500 for the three months ended April 30, 2025, and 2024, respectively.
On April 3, 2024, the officers of the Company, Rudofsky, Brodkey, and Scannell each elected to exercise vested stock options with a strike price of $ and an expiration date of September 30, 2027. All options were exercised on a cashless basis, resulting in the issuance of shares per officer, or a total of common shares.
On April 4, 2024, Feehan and Brodkey executed cashless conversion of and warrants, respectively, into and shares of common stock, respectively.
On April 5, 2024, Rudofsky, Feehan, Brodkey, and Dykes converted notes payable of $, $, $, and $, respectively, into , , , and shares of common stock, respectively.
On April 8, 2024, Rudofsky executed cashless conversion of warrants into shares of common stock.
On May 1, 2024, Rudofsky, Brodkey, and Scannell each elected to convert accrued compensation of $, $, and $, respectively, into , , and shares of common stock, respectively.
On August 2, 2024, Brodkey, Rudofsky, and Scannell each elected to convert accrued compensation of $, $, and $, respectively, into , , and shares of common stock, respectively.
On September 25, 2024, the Company issued stock incentives to Brodkey ( shares valued at $565,400), Scannell ( shares valued at $550,000), and Rudofsky ( shares valued at $27,500).
On October 28, 2024, the Company issued a secured promissory note for $25,000 to Feehan Partners, LP (“Feehan”), a company controlled by Robert Scannell, the Company’s chief financial officer and director. The note accrues interest at 10% and is due on October 28, 2025.
On November 4, 2024, the Company issued a secured promissory note for $25,000 to Feehan. The note accrues interest at 10% and is due on November 4, 2025.
On November 5, 2024, Brodkey and Scannell each elected to convert accrued compensation of $ and $ into and shares of common stock, respectively.
On November 5, 2024, Rudofsky exercised 500,000 warrants at $0.15 for $75,000.
On November 20, 2024, the Company issued a secured promissory note for $25,000 to Feehan. The note accrues interest at 10% and is due on November 20, 2025.
On December 3, 2024, the Company issued a secured promissory note for $25,000 to Feehan. The note accrues interest at 10% and is due on December 3, 2025.
On January 31, 2025, Brodkey and Scannell each elected to convert accrued compensation of $ and $ into and shares of common stock, respectively.
On January 31, 2025, Brodkey and Scannell each elected to convert accrued compensation of $ and $ into and shares of common stock, respectively.
On April 30, 2025, Brodkey and Scannell each elected to convert accrued compensation of $ and $ into and shares of common stock, respectively.
As of April 30, 2025, the Company has payables of $61,293 to Brodkey and $4,719 to Scannell.
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