Truleum Inc (TRLM)

[Stock_Gambit]

We generated no revenues during the three months ended March 31, 2022 and 2021. Total operating expenses were $346,018 during the three months ended March 31, 2022 compared to $169,172 during the same period in 2021. The increase in operating expenses was due to a $136,769 increase in professional fees which were offset by $80,173 decrease in general and administrative expenses and a $120,250 gain on settlement of accounts payable in 2021.