COMMON STOCK |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Equity [Abstract] | |
| COMMON STOCK | NOTE 13 - COMMON STOCK
On May 20, 2025, the Company issued shares of common stock for legal fees associated with the settlement liability (Note 11).
On June 2, 2025, a debt holder converted $232,187 of principal and accrued interest, respectively, into shares of common stock (Note 9).
On May 16, 2025, the Company issued million shares of common stock to Beartooth Asset Holdings, LLC (“Beartooth”) a related party as a corporate restructuring transaction in preparation for a potential merger. The Company had not entered into any agreement or obligation for a specific merger transaction.
On July 21, 2025, John D. Murphy, Jr. retired $74,501 of debt by converting shares of common stock pursuant to the terms of the December 5, 2023 note.
On August 5, 2025, an unrelated party retired $103,986 of debt by converting into shares of common stock pursuant to the terms of the May 30, 2025 note.
On August 5, 2025, an unrelated party retired $3,684 of debt by converting into shares of common stock pursuant to the terms of the May 14, 2025 note.
On August 5, 2025, an unrelated party retired $146,799 of debt by converting into shares of common stock pursuant to the terms of the November 30, 2020, 3a10 stipulated settlement.
On August 7, 2025, Paul Strickland, the Company’s sole director and officer, retired $7,119 of debt by converting into shares of common stock pursuant to the terms of the December 12, 2023, convertible exchange note.
On August 12, 2025, Selkirk retired $75,309 of debt by converting into shares of common stock pursuant to the terms of the October 6, 2022 note.
On August 12, 2025, Selkirk retired $32,163 of debt by converting into shares of common stock pursuant to the terms of the April 6, 2023, note.
An unrelated third party paid $26,381 on behalf of the Company to settle certain accounts payable balances outstanding as of December 31, 2024. In exchange, the Company issued an unsecured, non-interest bearing convertible note on July 21, 2025, with a stated maturity date of July 22, 2026. The note was subsequently converted into shares of common stock on July 22, 2025.
Refer Note 9 for the common stock issued in conversion of debt to an unrelated party.
Refer Note 8 for the common stock issued in conversion of debt to related parties.
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