SUBSEQUENT EVENTS |
9 Months Ended |
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Sep. 30, 2025 | |
| SUBSEQUENT EVENTS | |
| SUBSEQUENT EVENTS |
NOTE 22 - SUBSEQUENT EVENTS
Subsequent to September 30, 2025, the Company issued an aggregate of 66,400 shares of its common stock for the Company’s President stock compensation and consulting services valued at $28,375.
On October 21, 2025, the Company entered into an Exchange Agreement with a holder of its outstanding promissory note originally issued on September 6, 2023, as amended on October 7, 2024, and February 6, 2025. Pursuant to the agreement, the holder exchanged the note, including accrued interest totaling approximately $182,819, for 522,341 shares of the Company’s Common Stock and one warrant to purchase up to 522,341 shares of Common Stock. Upon completion of the exchange, the promissory note and all related obligations were cancelled.
On October 21, 2025, Louis Lucido, the President and a member of the Board of Directors, entered into a Subscription Agreement to purchase a total of 2,908,573 shares of Common Stock and a warrant for 500,000 additional shares for a total purchase price of $1,018,000. |
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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