Is this what you are seeing? If so, that is the so called value of ZANDER and not Regen. If I am incorrect, can you point to where shares of Regen are valued at .18? Btw, found this info on page 53.
NOTE 9. INVESTMENT SECURITIES, RELATED PARY
On June 11, 2018 Regen Biopharma, Inc. was paid a property dividend consisting of 470,588 of the common shares of Zander Therapeutics, Inc.
On November 29, 2018 the Company accepted 725,000 shares of the Series M Preferred stock of Zander Therapeutics, Inc. in satisfaction of prepaid rent and accrued interest owed to the Company collectively amounting to $13,124.
On September 30,2022 the Company revalued 470,588 of the common shares of Zander Therapeutics, Inc. and 725,000 shares of the Series M Preferred stock of Zander Therapeutics, Inc. based on the following inputs:
Fair Value of Intellectual Property $ 1,500 Prepaid Expenses 65,661 Due from Employee 1,071 Note Receivable 64,400 Accrued Interest Receivable 23,989 Investment Securities 8,423,366 Convertible Note Receivable 10,000 Accounts Payable 1,269,041 Notes Payable 400,000 Accrued Expenses Related Parties 162,011 Notes Payable Related Party 5396 Accrued Expenses 203,037 Enterprise Value 10,563,930 Less: Total Debt (2,038,343 ) Portion of Enterprise Value Attributable to Shareholders 8,525,587 Fair Value Per Share $ 0.186168 <this is VALUATION of ZANDER shares and NOT Regen shares> The abovementioned constitute the Company’s sole related party investment securities as of September 30, 2022