Annual report [Section 13 and 15(d), not S-K Item 405]

SUBSEQUENT EVENTS

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SUBSEQUENT EVENTS
12 Months Ended
Dec. 31, 2025
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

NOTE 24 - SUBSEQUENT EVENTS

 

Subsequent to December 31, 2025, the Company issued an aggregate of 148,857 shares of its common stock for the Company’s President stock compensation and to consultants for services rendered, with an aggregate value of $52,250.

 

On March 26, 2026, the Company entered into stock exchange agreements with certain related parties, including executive officers and members of the Board of Directors, pursuant to a plan of reorganization. Under these agreements, the Company acquired shares of its majority-owned subsidiary in exchange for shares of the Company’s common stock. In connection with these transactions, the Company agreed to issue an aggregate of approximately 2,263,371 shares of its common stock. The shares had not yet been issued as of the date of this filing.

 

On February 15, 2026, Louis Lucido, the President and a member of the Board of Directors, entered into a Subscription Agreement to purchase a total of 1,764,706 shares of Common Stock for a total purchase price of $600,000.