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Subsequent Events
3 Months Ended
Mar. 31, 2026
Subsequent Events [Abstract]  
Subsequent Events

Note 10 – Subsequent Events

 

The Company has evaluated all transactions through the date the financial statements were issued for subsequent event disclosure or adjustment consideration.

 

Subsequent to the three months ended March 31, 2026, the Company filed a Certificate of Amendment with the State of Nevada to increase the number of Series B Preferred Shares from 500 to 750.

 

Subsequent to the three months ended March 31, 2026, the Company issued 31,688,333 shares of common stock for cash received of $651,538.

 

Subsequent to the three months ended March 31, 2026, the Company issued 4,476,139 shares of common stock for services render valued at $196,000.

 

Subsequent to the three months ended March 31, 2026, the Company issued 559.29 shares of Series B Preferred Stock for cash received in prior periods totaling $4,137,500. The cash previously received was recorded as Unissued stock liability

 

Subsequent to the three months ended March 31, 2026, the Company issued 39 shares of Series B Preferred Stock for services rendered valued at $388,358.

 

Subsequent to the three months ended March 31, 2026, the Company issued 10 shares of Series B Preferred Stock for services rendered valued at $100,000 in addition to debt forgiveness of $230,000.

 

Subsequent to the end of the three months ended March 31, 2026, the Company received $10,463 for shares previously issued.

 

Subsequent to the three months ended March 31, 2026, the Company executed convertible promissory notes totaling $275,000. The notes have a 90-day maturity date and a 10% interest rate. In addition, the holder of the note is entitled to receive 500,000 shares of the Company’s common stock for each $100,000 of principal invested. Each note holder can elect to have the outstanding principal and accrued interest convert into equity securities of the Company issued in subsequent financing at a conversion price equal to a 25% discount to the price per share paid by investors in that financing.

 

Subsequent to the three months ended March 31, 2026, at a virtual special meeting of the stockholders of Volato the Merger Agreement between Volato, Merger Sub and M2i Global and the transactions contemplated by the Merger Agreement. (See Footnote 1) were approved.