Stockholders Equity

9 Months Ended

Sep. 30, 2025

Stockholders Equity

Stockholders' Equity

Note 9 – Stockholders’ Equity

Preferred Stock

On December 5, 2014, the Company amended the Articles of Incorporation, pursuant to which 20,000,000 shares of “blank check” preferred stock with a par value of $0.001 were authorized. No series of preferred stock has been designated to date.

Common Stock

On December 5, 2014, the Company amended the Articles of Incorporation and increased the authorized shares to 200,000,000 shares of $0.001 par value common stock.

2025 Common Stock Activity

Common Stock Sales (2025)

No shares of common stock were sold during the nine months ended September 30, 2025.

Common Stock Issued for Services (2025)

During the period ended September 30, 2025, 10,000,000 shares of common stocks valued at $300,000 were issued for the services.

During the period ended September 30, 2025, the Company agreed to issue an aggregate of 500,000 shares to consultants for services performed. The total fair value of common stock was $15,000 based on the closing price of the Company’s common stock earned on the measurement date.

Common Stock Cancellations

No shares of common stock were cancelled during the nine months ended September 30, 2025.

2024 Common Stock Activity

Common Stock Sales (2024)

No shares of common stock were sold during the nine months ended September 30, 2024.

Common Stock Issued for Services (2024)

During the quarter ended June 30, 2024, 1,750,000 shares of common stock valued at $315,000 were issued for the services, and such amount has been included in subscriptions payable.

During the quarter ended June 30, 2024, the Company agreed to issue an aggregate of 200,000 shares to consultants for services performed. The total fair value of common stock was $14,000 based on the closing price of the Company’s common stock earned on the measurement date.

Common Stock Cancellations

No shares of common stock were cancelled during the nine months ended September 30, 2024.

Common Stock Warrants and Options

2025 Common Stock Warrant Activity

Common Stock Warrants Granted (2025)

No common stock warrants were granted during the quarter ended September 30, 2025.

Warrants Exercised (2025)

No warrants were exercised during the quarter ended September 30, 2025.

2024 Common Stock Warrant Activity

Common Stock Warrants Granted (2024)

No common stock warrants were granted during the nine months ended September 30, 2024.

Warrants Exercised (2024)

No warrants were exercised during the nine months ended September 30, 2024.

Warrants Exercised (2025)

The stock option will expire on the tenth anniversary of the granted date, which is February 1, 2028. As of September 30, 2025, the stock option will expire in 28 months.

A summary of the Company’s stock option activity and related information is as follows:

	For the year ended December 31, 2024
	Number of		Average
	Shares		Price
Outstanding at the beginning of period		6,000,000	$	10.55
Granted				-
Exercised/Expired/Cancelled		-		-
Outstanding at the end of period		6,000,000	$	10.55
Exercisable at the end of period		6,000,000	$	10.55

	For the year quarter ended September 30, 2025
	Number of		Average
	Shares		Price
Outstanding at the beginning of period		6,000,000	$	10.55
Granted		-		-
Exercised/Expired/Cancelled		-		-
Outstanding at the end of period		6,000,000	$	10.55
Exercisable at the end of period		6,000,000	$	10.55