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STOCKHOLDERS’ EQUITY (DEFICIT)
12 Months Ended
Dec. 31, 2025
STOCKHOLDERS’ DEFICIT:  
STOCKHOLDERS’ EQUITY (DEFICIT)

NOTE 14 – STOCKHOLDERS’ EQUITY (DEFICIT)

 

Preferred Stock

 

In accordance with the Company’s bylaws, the Company has authorized a total of 2,000,000 shares of preferred stock, par value $0.01 per share, for all classes. As of December 31, 2025 and 2024 respectively, there were 88,335 and 88,335 total preferred shares issued and outstanding for all classes.

 

Common Stock

 

In accordance with the Company’s bylaws, the Company has authorized a total of 20,000,000,000 shares of common stock, par value $0.0001 per share. As of December 31, 2025 and 2024, there were 90,904,606 and 40,500,587 common shares issued, respectively.

 

The below table of puts from 1/12/2023 through 4/11/2023 were made by the Company under the 2022 EFA during 2023. The put from 4/28/2023 was made under the EFA dated 4/28/2023. The puts from 6/26/2023 and 7/3/2023 were made by the Company under the Amended EFA dated June 13, 2023. The 7/10/2023 put was made by the Company under the Second Amended EFA dated July 10, 2023.

                   
Date of Put  Number of Common
Shares Issued
  

Total Proceeds,

Net of Discounts

   Effective Price
per Share
   Net Proceeds 
1/12/2023  64,130,435   $400,000   $0.006237   $370,975 
1/17/2023*  11,441,647    100,000   $0.008740    100,000 
1/24/2023  77,733,861    400,000   $0.005146    370,975 
2/3/2023  61,173,706    300,000   $0.004904    277,975 
2/17/2023  75,447,571    300,000   $0.003976    277,975 
3/1/2023  83,113,044    324,000   $0.003898    300,295 
3/16/2023  93,165,852    254,232   $0.002729    235,410 
3/30/2023  65,465,384    166,903   $0.002549    154,195 
4/11/2023  67,462,162    203,554   $0.003017    188,279 
4/28/2023  91,796,875    235,000   $0.002560    208,550 
6/26/2023  44,583,334    214,000   $0.004800    141,020 
7/3/2023  51,442,308    274,058   $0.004200    257,020 
7/10/2023  28,593,750    91,500   $0.003200    85,094 
9/5/2023*  100,000,000    100,000   $0.001000    100,000 
11/7/2023*  55,555,555    50,000   $0.000900    50,000 
11/8/2023*  33,333,333    30,000   $0.000900    30,000 
11/14/2023  18,997,442    25,180   $0.001325    22,392 
11/22/2023  29,685,620    34,717   $0.001169    31,262 
11/29/2023*  55,555,555    50,000   $0.000900    50,000 
11/30/2023*  27,777,777    25,000   $0.000900    25,000 
12/1/2023*  33,333,333    30,000   $0.000900    30,000 
12/1/2023  51,275,586    47,973   $0.000936    43,590 
12/11/2023  87,136,216    108,019   $0.001240    99,433 
12/27/2023  67,522,014    57,909   $0.000858    52,830 
1/8/2024  52,162,997    44,736   $.000858    40,580 
2/29/2024  178,571,428    100,000   $.000560    100,000 
8/19/2024  55,555,556    40,000   $.0007200    36,175 
   1,662,012,341   $4,006,781        $3,679,025 

 

 

 

 

2024 Transactions

 

On November 6, 2024 the Company entered into an Amendment to the 2023 Equity Financing Agreement with GHS, to which GHS agreed to Purchase $30,000,000 in shares of our Common Stock over the course of 12 months at 92% of the current market price.

 

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.

 

The below table of puts from 1/6/2025 through 12/18/2025 were made by the Company under the EFA amended in November 2024.

 

Date of Put  Number of Common
Shares Issued
 

Total Proceeds,

Net of Discounts

  Effective Price
per Share
  Net Proceeds
1/6/2025  183,202   $23,450   $0.000640   $20,783 
1/14/2025  256,077    32,778   $0.000640    29,458 
1/24/2025  395,308    50,619   $0.000640    46,050 
1/30/2025  695,043    55,603   $0.000400    50,686 
2/7/2025  622,323    49,786   $0.000399    45,276 
2/18/2025  657,228    42,063   $0.000320    38,093 
2/28/2025  710,373    34,098   $0.000240    30,686 
3/10/2025  663,499    31,848   $0.000240    25,594 
3/18/2025  1,122,820    53,895   $0.000240    40,098 
3/28/2025  1,019,222    65,230   $0.000240    59,364 
4/4/2025  653,076    41,797   $0.000320    37,846 
4/14/2025  895,072    42,963   $0.000240    38,931 
4/23/2025  906,671    58,027   $0.000320    52,940 
5/1/2025  1,126,922    46,844   $0.000249    42,540 
5/9/2025  941,402    43,273   $0.000190    39,219 
5/21/2025  949,987    30,400   $0.000160    27,247 
5/30/2025  1,127,583    36,083   $0.000160    32,532 
6/10/2025  1,130,457    54,262   $0.000240    49,439 
6/20/2025  917,188    44,025   $0.000236    36,912 
7/2/2025  1,157,985    37,055   $0.000160    30,744 
7/21/2025  1,368,561    43,793   $0.000160    37,732 
8/22/2025  426,994    13,664   $0.000160    11,067 
9/4/2025  537,621    17,204   $0.000160    14,200 
9/12/2025  428,311    13,706   $0.000160    9,939 
9/23/2025  552,036    17,665   $0.000149    13,106 
10/1/2025  572,888    18,333   $0.000160    13,640 
10/10/2025  576,942    18,462   $0.000160    13,744 
10/28/2025  959,040    17,570   $0.018320    15,213 
11/11/2025  952,716    12,576   $0.013200    10,648 
11/28/2025  1,053,329    10,449   $0.009920    8,624 
12/9/2025  1,677,132    50,582   $0.030160    45,909 
12/18/2025  1,246,067    24,822   $0.019920    22,006 
   26,498,067   $1,132,925        $993,542 

 

Stock Options

 

As of December 31, 2025 and 2024, the Company had no outstanding stock options.