SHARE CAPITAL |
3 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Equity [Abstract] | |
| SHARE CAPITAL | 14. SHARE CAPITAL
On January 6, 2024, the Company issued shares of common stock of the Company at a deemed price of $ per share in settlement of amounts owed for services totaling $18,400. We issued these shares to Scott Gallagher, the president of our company.
On March 1, 2024, the Company issued shares of common stock of the Company at a price of $ per share for aggregate gross proceeds of $50,000. The purchaser is one individual investor. Upon conversion, there was no gain or loss recorded as the conversion was consummated under the terms of the original agreement.
On March 1, 2024 the Company converted $25,000 of debt into shares of our common stock at a value of $.04 per share. Upon conversion, there was no gain or loss recorded as the conversion was consummated under the terms of the original agreement.
On March 1, 2024 the Company issued shares of our common stock in payment for a one-year production and media broadcast agreement valued at $184,000.
On June 7, 2024 the company converted $15,000 of debt into shares of our common stock at a value of $.01 per share. Upon conversion, there was no gain or loss recorded as the conversion was consummated under the terms of the original agreement.
On June 20, 2024 the Company converted $15,000 of debt into shares of our common stock at a value of $.009 per share. Upon conversion, there was no gain or loss recorded as the conversion was consummated under the terms of the original agreement.
On June 27, 2024 the Company converted $15,000 of debt into shares of our common stock at a value of $.007015 per share. Upon conversion, there was no gain or loss recorded as the conversion was consummated under the terms of the original agreement.
On July 4, 2024 the Company converted $10,125 of debt into shares of our common stock at a value of $.0032 per share of $.0057 per share. Upon conversion, there was no gain or loss recorded as the conversion was consummated under the terms of the original agreement.
On January 2, 2025 the Company converted $12,000 of debt into shares of our common stock at a value of $.004 per share. Upon conversion, there was no gain or loss recorded as the conversion was consummated under the terms of the original agreement.
On February 10, 2025 the Company converted $12,000 of debt into shares of our common stock at a value of $.004 per share. Upon conversion, there was no gain or loss recorded as the conversion was consummated under the terms of the original agreement.
On February 18, 2025 the Company converted $10,000 of debt into shares of our common stock at a value of $.0041 per share. Upon conversion, there was no gain or loss recorded as the conversion was consummated under the terms of the original agreement.
On March 4, 2025 the Company converted $9,200 of debt into shares of our common stock at a value of $.006 per share. Upon conversion, there was no gain or loss recorded as the conversion was consummated under the terms of the original agreement.
On February 27, 2026, the Company converted $16,453 of debt into shares of its common stock at a value of $0.044 per share. Upon conversion, there was no gain or loss recorded as the conversion was consummated under the terms of the original agreement.
On March 4, 2026, the Company converted $57,717 of debt into shares of its common stock at a value of $0.054 per share. Upon conversion, there was no gain or loss recorded as the conversion was consummated under the terms of the original agreement.
On March 5, 2026, the Company converted $14,000 of debt into shares of its common stock at a value of $0.042 per share. Upon conversion, there was no gain or loss recorded as the conversion was consummated under the terms of the original agreement.
On March 9, 2026, the Company converted $16,564 of debt into shares of its common stock at a value of $0.035 per share. Upon conversion, there was no gain or loss recorded as the conversion was consummated under the terms of the original agreement.
On March 16, 2026, the Company converted $15,000 of debt into shares of its common stock at a value of $0.027 per share. Upon conversion, there was no gain or loss recorded as the conversion was consummated under the terms of the original agreement.
On March 18, 2026, the Company converted $14,871 of debt into shares of its common stock at a value of $0.025 per share. Upon conversion, there was no gain or loss recorded as the conversion was consummated under the terms of the original agreement.
On March 20, 2026, the Company converted $15,000 of debt into shares of its common stock at a value of $0.033 per share. Upon conversion, there was no gain or loss recorded as the conversion was consummated under the terms of the original agreement.
On March 23, 2026, the Company converted $20,000 of debt into shares of its common stock at a value of $0.025 per share. Upon conversion, there was no gain or loss recorded as the conversion was consummated under the terms of the original agreement.
On March 24, 2026, the Company converted $21,687 of debt into shares of its common stock at a value of $0.025 per share. Upon conversion, there was no gain or loss recorded as the conversion was consummated under the terms of the original agreement.
Shares to be issued
On March 12, 2025 the company entered into an agreement for a private placement for shares of the Company’s common stock at a price of $ per share for the total consideration of $50,000. The consideration was received however the shares were not issued. The Company intends to issue these shares before September 30, 2026. The amount is reported as a stock subscription payable in the equity section of the balance sheet and on the statement of stockholders equity.
On June 16, 2025 the company entered into an agreement for a private placement for shares of the Company’s common stock at a price of $per share for the total consideration of $50,000. The consideration was received however the shares were not issued. The Company intends to issue these shares before September 30, 2026. The amount is reported as a stock subscription payable in the equity section of the balance sheet and on the statement of stockholder’s equity.
On June 16, 2025 the company entered into an agreement for a private placement for shares of the Company’s common stock at a price of $ per share for the total consideration of $50,000. The consideration was received however the shares were not issued. The Company intends to issue these shares before September 30, 2026. The amount is reported as a stock subscription payable in the equity section of the balance sheet and on the statement of stockholder’s equity.
On July 04, 2025, the Company and one of its vendors agreed to settle an outstanding payable of $15,000 through the issuance of common shares. As of December 31, 2025, the shares had not yet been issued, and the amount has been reported as stock subscription payable within the equity section of the balance sheet and on the statement of stockholders’ equity.
On August 15, 2025, the Company and one of its vendors agreed to settle an outstanding payable of $100,000 through the issuance of common shares, however these shares have not yet been issued, and accordingly, the balance owed was reclassified to the Stock subscription payable” account within stockholders’ equity at December 31, 2025. Upon closing a gain on debt settlement of $34,000 was recorded.
On August 15, 2025, the Company and one of its vendors agreed to settle an outstanding payable of $117,476 through the issuance of common shares, however these shares have not yet been issued, and accordingly, the balance owed was reclassified to the Stock subscription payable” account within stockholders’ equity at December 31, 2025.
On August 15, 2025, the Company and one of its vendors agreed to settle an outstanding payable of $24,000 through the issuance of common shares. As of December 31, 2025, the shares had not yet been issued, and the amount has been reported as stock subscription payable within the equity section of the balance sheet and on the statement of stockholders’ equity.
Refer to note 12 for the shares issued to a related party.
Refer to note 7 for the shares to be issued to the note holder in settlement of notes payable.
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