Stockholders’ Deficit

12 Months Ended

Sep. 30, 2023

Equity [Abstract]

Stockholders’ Deficit

Note 4 – Stockholders’ Deficit

The Company has 250,000,000 common stock authorized and has 28,578,006 shares issued and outstanding at September 30, 2023.

The Company issued 800,000 shares to consultants during the year ended September 30, 2023. The shares were valued at the closing stock price on the date of grant for a total value of $68,800.

The Company issued 856,000 shares in conversion of a related party note payable during the year ended September 30, 2023. The shares were valued at $73,616 based on the closing stock price on date of conversion. Due to the related party nature of the transaction, the gain of $31,869 was recorded in additional paid in capital for a total of $105,485.

Global AI, Inc.

Notes to Financial Statements

For the Years Ended September 30, 2023 and 2022