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STOCKHOLDERS' EQUITY (Tables)
9 Months Ended
Sep. 30, 2022
Equity [Abstract]  
Schedule of equity financing agreement
       
Date of Put Number of Shares Sold Total Proceeds, Net of Discounts Effective Price per Share Net Proceeds
1/12/22 23,372,430 $1,150,000 $0.054124 $1,033,975
1/21/22 33,454,988 $1,150,000 $0.037812 $1,033,975
2/7/22 16,040,411 $500,000 $0.0342884 $448,975
3/23/22 29,257,395 $1,500,000 $0.056396 $1,348,975
4/11/22 23,746,816 $1,000,000 $0.04211091 $898,975
5/3/22 29,522,276 $1,000,000 $0.03387273 $898,975
5/13/22 26,100,979 $556,750 $0.0213306 $500,050
5/23/22 25,025,540 $556,750 $0.0222473 $500,050
6/1/22 25,901,921 $556,750 $0.02149454 $500,050
6/16/22 23,799,766 $402,086 $0.018584 $360,852

 

On February 21, 2022, we sold 75,798,921 shares of our Common Stock at $0.032982 per share for total consideration of $2,500,000.

 

On March 3, 2022, we sold 16,579,569 shares of our Common Stock at $0.0301576 per share for total consideration of $500,000.

 

On March 14, 2022, we sold 5,617,347 shares of our Common Stock at $0.071208 per share for total consideration of $400,000.

 

On May 27, we entered an Equity Financing Agreement (the “EFA”) and Registration Rights Agreement (the “RRA”) with GHS, pursuant to which GHS agreed to purchase up to $70,000,000 in shares of our Common Stock, from time to time over the course of 24 months after effectiveness of a registration statement on Form S-1 (the “Registration Statement”) of the underlying shares of Common Stock.

 

The RRA provides that we shall (i) use our best efforts to file with the SEC a Registration Statement within 45 days of the date of the GHS Registration Rights Agreement; and (ii) have the Registration Statement declared effective by the SEC within 30 days after the date the GHS Registration Statement is filed with the SEC, but in no event more than 90 days after the GHS Registration Statement is filed.

 

Below is a table of all puts made by the Company under the EFA during 2022:

 

Date of Put Number of Shares Sold Total Proceeds, Net of Discounts Effective Price per Share Net Proceeds
6/24/22 38,391,106 $643,539 $0.01978 $578,160
7/1/22 33,525,465 $556,750 $0.019596 $500,050
7/11/22 32,756,532 $556,750 $0.01699661 $550,050
7/20/22 29,386,519 $556,750 $0.01894558 $550,050
7/28/22 35,884,040 $556,750 $0.018308 $500,050
8/10/22 44,505,857 $680,109 $0.015281 $611,073
8/18/22 54,574,909 $948,863 $0.017386441 $852,952
8/25/22 105,255,759 $2,264,961 $0.021518644 $2,128,038
9/2/22 140,073,757 $3,000,000 $0.021417288 $2,788,975
9/14/22 79,092,686 $1,757,466 $0.022220339 $1,757,466
9/30/22 30,538,303 $500,000 $0.0163729 $463,975