NOTE 3 – EQUITY INVESTMENTS

On March 25, 2021, the Company entered into a second amended purchase agreement (“APA”) with Election Services Solutions, LLC (“Election Services Solutions”). Under the APA, the Company agreed to purchase 100% of the assets of Election Services Solutions for a purchase price of $650,000, of which $511,150 has already been paid, and to issue 40,000,000 common shares to purchase these assets under the APA. GES derives over 80% of its business from Election Services Solutions. On August 2, 2024, the Company issued a convertible promissory note in the principal amount of $138,850 in favor of the former owner of Elections Services Solutions to finalize the purchase of Election Services Solutions. The note bears interest at a rate of 12% per annum and was due on October 15, 2025. As of June 30, 2025, the note had not yet been repaid.

On February 27, 2023, the Company acquired 3,000,000 shares of TrueVote, representing 30% of TrueVote’s outstanding common stock. In connection therewith, the Company invested $50,000 in a 24-month debenture and issued a 2-year warrant, at a conversion price of $0.0012 per share, for 4,500,000 shares of the Company’s common stock.

TrueVote is building a comprehensive end-to-end, de-centralized, completely digital voting system. This will be based on traditional, proven database methodologies, and layered with a “checksum” that is posted on the blockchain, such that all data will be immutable and unalterable. This design is expected to ensure that every vote is transparently counted and verifiable. The TrueVote voting system will be based on traditional, proven database methodologies and layered with a “checksum” that is posted on the blockchain, proving all data is immutable and unalterable.