|
NOTE 8 – STOCKHOLDERS’ EQUITY
For the year ended April 30, 2026, the Company issued 96,636,370 shares of its common stock. The Companies share activity for the year ended April, 30, 2026 is as follows:
| | ● | Issued 2,500,000 shares of its common stock associated with the exercise of warrants at $0.02 per share for a total of $50,000; |
| | ● | Issued 74,600,000 shares of common stock in connection with a private placement of 74,600,000 units at a price of $0.04 per unit, for aggregate gross cash proceeds of $2,984,000. Each unit consisted of one share of common stock and one-half of one common stock purchase warrant (see Note 9); |
| | ● | Issued 16,786,265 shares of its common stock for the conversion of $671,450 of promissory notes and convertible promissory notes and accrued interest at a price of $0.04 per unit. Each unit consisted of one share of common stock and one-half of one common stock purchase warrant (see Note 9); |
| | ● | Issued 1,416,667 common stock shares through exercise of stock options for $85,000; |
| | ● | Issued 1,333,438 shares issued for services with a fair value of $76,541 during the year ended April 30, 2026. |
|