NOTE 7. SHAREHOLDERS' DEFICIT |
6 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Notes | |
| NOTE 7. SHAREHOLDERS' DEFICIT | NOTE 7. SHAREHOLDERS’ DEFICIT
Preferred Stock
As of March 31, 2026 and 2025 and for the years ended March 31, 2026 and 2025, we were authorized to issue 10,000,000 shares of preferred stock with a par value of $0.0001.
No shares of preferred stock were issued and outstanding as of September 15, 2020 (Inception), the effective date of the Holding Company Reorganization, and no shares of preferred stock were issued and outstanding through March 31, 2026.
No series of preferred stock or rights for preferred stock had been designated at March 31, 2026.
Common Stock
As of March 31, 2026 and March 31, 2025, we were authorized to issue 1,990,000,000 shares of common stock with a par value of $0.0001.
In December, 2025, the Company issued 1,429,000 shares for $2,429 of services, of which 250,000 shares were issued to a related party (our CEO) for services valued at $425. The Company also issued 74,000 shares for $18,500 in cash. We also issued 717,000 shares for $86,040 for services in March, 2026 and sold 1,983,416 shares for $495,854.
In October 2024 and March, 2025, the Company issued 3,555,750 shares for $286,500 in cash, $75 stock subscriptions and $1,188 of services, of which 500,000 shares were issued to related parties for services valued at $850.
As of March 31, 2026 and September 30, 2025, 48,680,657 and 44,477,241 shares of common stock were issued and outstanding, respectively.
On August 9, 2025, the Company adopted the Global Innovative Platforms, Inc. 2025 Omnibus Equity Incentive Plan (the “Plan”) to benefit the Company and its stockholders, by assisting the Company and its subsidiaries to attract, retain and provide incentives to key management employees, directors, and consultants of the Company and its Affiliates, and to align the interests of such service providers with those of the Company’s stockholders. Accordingly, the Plan provides for the granting of Non-qualified Stock Options, Incentive Stock Options, Restricted Stock Awards, Restricted Stock Unit Awards, Stock Appreciation Rights, Performance Stock Awards, Performance Unit Awards, Unrestricted Stock Awards, Distribution Equivalent Rights or any combination of the foregoing. The aggregate number of Shares that may be issued under the Plan shall not exceed 8,000,000 Shares. Shares may be awarded (or sold) to Employees, Directors or Consultants under the Plan which are not subject to Restrictions of any kind, in consideration for past services rendered thereby to the Company or an Affiliate or for other valid consideration.
The Plan shall continue in effect, unless sooner terminated until the tenth (10th) anniversary of the date on which it is adopted by the Board (except as to Awards outstanding on that date).
Under the plan, On August 9, 2026, we agreed to issue 1,500,000 shares to an independent consultant.
Warrants
No warrants were issued or outstanding during the six months and the three months ended March 31, 2026 or 2025.
Stock Options
We currently have no stock option plan.
No stock options were issued or outstanding during the six months and the three months ended March 31, 2026 or 2025. |