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Re: Magnum7419 post# 44121

Wednesday, 06/12/2024 7:19:50 PM

Wednesday, June 12, 2024 7:19:50 PM

Post# of 44304
NOTE 12 – SUBSEQUENT EVENTS
https://content.edgar-online.com/ExternalLink/EDGAR/0001477932-22-009229.html?hash=d98d1372a60e65828382339f51af54129eb9684c3afd6f5cae109b898ef2f906&dest=gftx_ex31_htm#gftx_ex31_htm

The Company had evaluated subsequent events for recognition and disclosure as of May 31, 2024 when the financial statements were available to be issued.
Series Z Preferred Stock
Subsequent to December 31, 2023, the Company issued 3,200 shares of Series Z Preferred Stock for proceeds of $79,980. Series Z Preferred Stock, the shares shall not accrue nor pay dividends except as declared by the board of directors in its sole discretion. The Series Z Preferred Stock shall have the same voting rights as the Common Stock, but on a one hundred-to-one basis (100:1). Each share of Series Z Preferred shall be convertible at a fifty (50%) discount to the closing stock price of Authentic Holdings Inc., on the day the Holder gives notice to the Company at the option of the holder(s), on the Conversion Basis in effect at the time of conversion. Such right to convert shall commence as of the Issue Date and shall continue thereafter for a period of one (1) year, such period ending on the tenth anniversary of the Issue Date.
Common Stock
Subsequent to December 31, 2023, the Company converted $53,457 in convertible notes and accrued interest into issued 215,653,484.

Convertible Notes Payable
Subsequent to December 31, 2023, the Company issued $25,000 in convertible notes, convertible at a fixed price of $0.0005.

Subsequent to December 31, 2023, the Company repaid $16,000 in convertible notes.

Promissory Notes

Subsequent to December 31, 2023, the Company’s received $4,000 and repaid $25,000 in promissory notes.

Secured Promissory Notes

Subsequent to December 31, 2023, the Company’s received $43,000 in secured promissory notes.

Related Party Notes

Subsequent to December 31, 2023, the Company’s Chairman advanced the Company $10,800 and was repaid $34,239.
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