On April 1, 2021 54,130 shares of preferred stock was converted into 1,968,363 shares of common stock. The conversion eliminated all outstanding convertible preferred shares.

 

On April 9, 2021, a director converted an accounts payable of $23,333 into 307,010 shares of Common stock

 

On April 19, 2021 the Licensee paid the initial payment of $ 1,000,000 to the Company. The payment was treated as $750,000 for accounts receivable and $250,000 as deferred revenue.

 

On April 20, 2021, the Company paid the outstanding convertible note held by JSJ Investments, Inc, a total of $186, 205 in principal, interest and premium. The reserved shares were returned to treasury.

 

On April 22, 2021, the Company paid the outstanding convertible note held by Harbor Gate Capital, LLC, a total of $115,500 in principal, interest and premium. The reserved shares were returned to treasury.

 

On June 28, 2021, 50,000 shares of common stock with a value of $5,250 was issued for legal service.

 

On June 30, 2021, 568,719 shares of common stock with a value of $54,715 was issued to two officers and a director for service.

 

The Company has evaluated subsequent events to determine events occurring after March 31, 2021 through July 8, 2021 that would have a material impact on the Company’s financial results or require disclosure and have determined none exist other than those noted above in this footnote.