NOTE 7 – INVESTMENTS

On January 13, 2025, the Company entered into a Stock Purchase Agreement (the “SPA”) pursuant to which it purchased shares of Series A Preferred Stock of FL101, Inc. d/b/a EIGHT Brewing (“FL101”) in consideration for a cash investment of $1,999,999. FL101 is a food and beverage company that creates curated lifestyle brands, including the EIGHT beer brand. Pursuant to the SPA, the Company was issued 1,487,099 shares of FL101’s preferred stock (the “Preferred Stock”), designated as “Series A Preferred Stock.” The Company was a minority investor in this entity. On April 17, 2026, the Company entered into a Stock Transfer Agreement (the “Transfer Agreement”) with the Foundation. Pursuant to the Transfer Agreement, the Company donated all of its shares of Series A Preferred Stock of FL101 to the Foundation. This investment was carried at cost and reviewed at each balance sheet date for impairment. No impairment was recorded during the period from January 1, 2026 through April 27, 2026 and the three and six months ended June 30, 2025.