Are you kidding?
Common Stock
The Company is authorized to issue up to 500,000,000 shares of common stock (par value $0.00001). As of September 30, 2022 and 2021, the Company had 374,305,480 shares and 343,237,369 shares of common stock issued and outstanding, respectively.
During the year ended September 30, 2022, the Company issued 31,068,111 shares of common stock as follows:
? 28,868,111 shares of the Company’s common stock to members of the Board of Directors, employees and consultants valued at $13,207,981 ($0.46 per share average).
? 1,000,000 shares of the Company’s common stock at $0.10 per share for a purchase price of $100,000.
? 200,000 shares of the Company’s common stock at $0.22 per share for a purchase price of $21,921 (AUD$30,000).
? 1,000,000 shares issued to settle debt on convertible note that matured on December 5, 2021.
During the year ended September 30, 2021, the Company issued 96,998,646 shares of common stock as follows:
? 12,888,596 shares of the Company’s common stock to members of the Board of Directors, employees and consultants valued at $6,293,500 ($0.49 per share).
? 1,900,000 shares of the Company’s common stock at an average price of $0.073 per share for an aggregate purchase price of $138,093.
? 534,446 shares of the Company’s common stock for the conversion of debt totaling $204,010.
? 50,000,000 shares of the Company’s common stock to EKH International Co. Limited a beneficial entity of Rodney Young valued at $0.55 per share.
? 28,665,604 shares of the Company’s common stock for the acquisition of intangible assets valued at $6,879,745
? 3,000,000 shares of the Company’s common stock for the future liability settlement for assumed liabilities fair value of $720,000 recorded as stock receivable.
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Careful a RS is coming.......
