Wednesday, September 14, 2022 7:14:26 PM
that Mark Schmidt and David Downing had common stock incentives of 110,000,000 shares to be awarded
once the share price reaches $0.10 per share and 100,000,000 shares to be awarded once the share price reaches $0.25 per share.
In the prior reporting, these incentive shares were included in section (7) in an effort
to provide maximum transparency and were categorized as “Options”. These should have been categorized as
“Management Incentive Rights” to common stock issuances at the defined share price incentive levels.
Going forward, Management will report these common stock incentive shares as “Management Incentive Rights” in
the section (7) Notes since the incentive shares have yet to be issued, but Management wants to provide full
transparency nonetheless
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