NOTE 8 – DISCONTINUED OPERATIONS

In connection with the merger with Aeternum Health LLC and the Company’s strategic shift from transportation electrification infrastructure to healthcare and other business opportunities, the Company determined to divest its legacy Shorepower transportation electrification business. The disposition represented a strategic shift in the Company’s operations and, accordingly, the results of the legacy Shorepower business have been classified as discontinued operations for all periods presented.

During the three and six months ended June 30, 2026, the Company recognized a gain on the disposal of the discontinued business of $2,007,315 and $2,037,315, respectively. The operating results of the discontinued business have been excluded from continuing operations and presented separately as discontinued operations in the accompanying condensed statements of operations.

 SCHEDULE OF DISCONTINUED OPERATION

In connection with the disposition, certain obligations associated with the discontinued business remained outstanding. Such obligations included promissory notes payable to Jeff Kim, the Company’s former executive officer, with aggregate principal outstanding of $1,045,454 prior to the disposition. Accrued interest related to these promissory notes totaled $249,732. In addition, Mr. Kim had previously paid certain operating expenses on behalf of the Company. Amounts payable to Mr. Kim related to such operating expenses were $54,119 and $48,864 as of June 30, 2026 and December 31, 2025, respectively. These obligations were transferred and derecognized as part of discontinuation of the Shorepower business.

For the six months ended June 30, 2026, net cash used in operating activities attributable to the discontinued business was approximately $115,498.