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SUBSEQUENT EVENTS
3 Months Ended
Dec. 31, 2021
SUBSEQUENT EVENTS  
NOTE 18 - SUBSEQUENT EVENTS

NOTE 18 – SUBSEQUENT EVENTS

 

In January of 2022, the Company issued 30,000 RSUs and 130,000 options to a group of employees. The RSUs vested upon issuance, having a fair market value of upon issuance of $29,250. The stock options awards will be valued at their fair market value upon issuance and amortized over the individual vesting periods.

 

In January of 2022 the Company entered into an amendment of an athlete’s endorsement agreement as outlined in Note 11. As part of the amendment, the Company issued 320,000 shares to the athlete valued at the fair market price of $336,000 upon issuance and will amortize over the remaining term of the agreement.