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Magnum7419

04/02/20 3:57 PM

#7622 RE: Horsts #7620

Note 17 - Subsequent Events



The Company has evaluated subsequent events through the date on which the consolidated financial statements were available to be issued.



On January 7, 2020, the Company issued 357,142 common shares to an investor in satisfaction of $50,000 of principal on a convertible note.



On January 7, 2020, the Company issued 121,212 common shares to an investor in satisfaction of $20,000 of principal on a convertible note.



On January 10, 2020, the Company issued 25,000 common shares to an investor as consideration for a new $225,000 convertible note. The note bears interest at 8% and matures in October 2020.



On January 15, 2020, the Company issued 177,778 common shares to an investor in satisfaction of $20,000 of principal on a convertible note.



On January 16, 2020, the Company issued 380,952 common shares to an investor in satisfaction of $40,000 of principal on a convertible note.


F-103



Note 17 - Subsequent Events (Continued)



On January 16, 2020, the Company issued 231,111 common shares to an investor in satisfaction of $26,000 of principal on a convertible note.



On January 17, 2020, the Company issued 170,000 common shares to an investor in satisfaction of $12,000 of principal on a convertible note.



On January 21, 2020, the Company issued 100,000 common shares to an employee as compensation.



On January 22, 2020, the Company issued 100,000 common shares to a consultant for professional services.



On January 29, 2020, the Company issued 416,667 common shares to an investor in satisfaction of $30,000 of principal on a convertible note.



On January 30, 2020, the Company issued 634,920 common shares to an investor in satisfaction of $40,000 of principal on a convertible note.



On February 6, 2020, the Company issued 500,000 common shares to an investor in satisfaction of $9,250 of principal on a convertible note.



On February 7, 2020, the Company issued 100,000 common shares to a consultant for professional services.