COMMON STOCK AND COMMON STOCK WARRANTS

6 Months Ended

Jun. 30, 2022

COMMON STOCK AND COMMON STOCK WARRANTS

COMMON STOCK AND COMMON STOCK WARRANTS

NOTE 4 - COMMON STOCK AND COMMON STOCK WARRANTS

Common Stock

The Company has authorized a total of 400,000,000 Shares of Common Stock par value $0.0001 as of the December 31, 2017 audit for Elite Beverage International. However, Elite Performance Holding Corp. is now the successor company and as of December 31, 2019 now reflects 465,000,000 (Four Hundred Sixty-Five Million) shares authorized par value $0.0001.

Shares Registered in the S-1 Registration Statement

As of June 30, 2022, the company has raised $1,250,000 (25,000,000 shares issued) through a registered offering for $1,250,000 which was registered with the SEC through an S1 registration statement which went effective on April 23, 2019.

Restricted Shares issued

On January 1, 2021, the Company entered into a royalty free trademark licensing agreement between Elite Beverage International Corp. and its subsidiary BYLT Performance LLC in consideration for 5,000,000 (valued par at $.0001 per share) shares in the amount of $500 which were issued April 29, 2021.

On January 21, 2021 we issued 4,176,000 common subscription shares to accredited investors in the amount of $208,800.

In 2021, we issued 3,287,000 shares of our common stock for services (consulting and advertising) valued at $160,547.

On October 1, 2021, we issued 60,000 shares of our common stock for a commitment fee valued at $3,000.

On October 1, 2021, we issued 400,000 shares of our common stock for patent acquisition valued at $20,000. For the year ended December 31, 2021, an impairment loss of $20,000 was recognized on this patent acquisition and recorded to other income (expense).

In November of 2021 we issued 1,110,000 shares of our common stock for our Reg D offering valued at $111,000 at a per share price of $.10.

In the six months ended June 30, 2022 and the six months ended June 30, 2022, we issued 5,000,000 common subscription shares to accredited investors for subscription agreements in the amount of $500,000.

In the six months ended June 30, 2022, we issued 3,390,000 shares for services in the amount of $339,000 valued at $0.10 per share.

In the six months ended June 30, 2022, we issued 3,440,000 common subscription shares to accredited investors for subscription agreements in the amount of $344,000 and had subscriptions received in the amount of $10,000 which were reflected in shares to be issued as of June 30, 2022.

In the six months ended June 30, 2022, we issued 1,025,000 shares for services in the amount of $102,500 valued at $0.10 per share.

In the six months ended June 30, 2022, recognized $20,000 in shares to be issued for a settlement of accounts payable valued at $.10 per share for a total of 200,000 shares.

Common Stock Warrants

None.