Quarterly report pursuant to Section 13 or 15(d)

Common Stock

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Common Stock
9 Months Ended
Sep. 30, 2022
Equity [Abstract]  
Common Stock

 

  8. Common Stock

 

During the nine months ended September 30, 2022, the Company issued 10,774,461 shares of its common stock as follows:

 

  · The Company issued 1,930,633 shares of its common stock upon the conversion of $58,000 in convertible notes, net of unamortized discount of $38,000, pursuant to the convertible notes conversion price of $0.03 per share.
     
  · The Company issued 8,593,828 shares of its common stock upon the exercise of warrants of $306,000, at $0.03 to $0.04 per share.
     
  · The Company issued 250,000 shares of its common stock upon the exercise of options of $20,000, at $0.08 per share.