On or about January 1, 2021, Mr. Galligan acquired from Alpine Creek the rights to that certain royalty agreement by and between the Company and Alpine Creek.

On February 16, 2021 the Company entered into a Subscription Agreement (“Lucido Subscription”) with Louis C Lucido and Carolyn M. Lucido, or their Successors, as Trustee of the Lucido Family Trust, Dated May 23, 2017, Mr. Louis Lucido Trustee, in the amount of $1,125,000. Mr. Lucido is a member of the Company’s Board of Directors. Pursuant to the subscription agreement Mr. Lucido purchased units of the Company’s securities at a price per unit of $2.00. Each unit consists of one share of the Company’s common stock and issued an aggregate of 562,00 shares of its common stock.

On February 16, 2021 the Company entered into a Subscription Agreement (“Galligan Subscription”) with The J and R Galligan Revocable Trust, managed by Mr. Joseph Galligan, in the amount of $1,125,000. Mr. Galligan is a member of the Company’s Board of Directors. Pursuant to the subscription agreement Mr. Galligan purchased units of the Company’s securities at a price per unit of $2.00. Each unit consists of one share of the Company’s common stock and issued an aggregate of 562,500 shares of its common stock.

On February 16, 2021, the Board appointed Mr. Joseph Galligan to the Board, effective February 16, 2021. In connection with Mr. Galligan’s appointment to the Board, the Company entered into a Director Agreement pursuant to which Mr. Galligan will receive a quarterly cash stipend of $15,000 in compensation for his service and shall be issued, upon the last day of each fiscal quarter, provided the director is a member of the Board as of such date, the number of shares of the Company’s common stock equivalent to $5,000 as determined based on the average closing price on the three trading days immediately preceding the last day of such quarter.

As of March 30, 2021 the Company issued an aggregate of 9,483 shares of its common stock for consulting services and one employee valued at $17,491.