v3.26.1
EVENTS SUBSEQUENT TO THE DATE OF THE INDEPENDENT AUDITOR’S REPORT
 12 Months Ended
Jan. 31, 2026
Events Subsequent To Date Of Independent Auditors Report  
EVENTS SUBSEQUENT TO THE DATE OF THE INDEPENDENT AUDITOR’S REPORT

NOTE 11 – EVENTS SUBSEQUENT TO THE DATE OF THE INDEPENDENT AUDITOR’S REPORT

 

On March 20, 2026, the Company issued warrants for common stock to related parties as follows:

 

   Warrants   Exercise   Expiration 
   Granted   Price   Date 
Steven Rudofsky   83,750   $8.00    1/16/28 
Andrew Brodkey   65,600   $8.00    1/16/28 
Robert Scannell   134,000   $8.00    1/16/28 

 

On March 20, 2026, the Company issued common stock options to related parties as follows: 

 

   Options   Exercise   Expiration    
   Granted   Price   Date   Vesting
Steven Rudofsky   268,000   $8.00    9/30/32    Fully Vested
Andrew Brodkey   268,000   $8.00    9/30/32    Fully Vested
Robert Scannell   268,000   $8.00    9/30/32    Fully Vested

 

On April 17, 2026, the Company completed the initial closing of a private placement. Net cash proceeds were $1,012,805, of which $381,078 was used for debt retirement and $464,484 was used to reduce accounts payable.