v3.25.4
Common Stock
6 Months Ended
Dec. 31, 2025
Common Stock [Abstract]  
COMMON STOCK
4. COMMON STOCK

 

Six Months Ended December 31, 2025

 

During the six months ended December 31, 2025 the Company did not issue any shares of its common stock.

 

Six Months Ended December 31, 2024

 

On November 11, 2022, the Company entered into a Purchase Agreement with an investor for the sale of up to $45,000,000 of shares of common stock. For the six months ended December 31, 2024, the Company issued 118,513,734 shares of common stock for $2,250,000 under the purchase agreement at prices of $0.0156 - $0.02024, pursuant to purchase notices received from the investor. The finance cost of $48,075 was deducted from the gross proceeds received, leaving net proceeds of $2,201,925.

 

On November 22, 2024, the Company issued 231,578,947 shares of common stock, upon conversion of 2,200 shares of preferred stock with a stated value of $220,000 at a conversion price of $0.00095.