v3.26.1
Subsequent events
3 Months Ended
Mar. 31, 2026
Subsequent events  
Subsequent events

12. Subsequent events

 

On April 1, 2026, the Company issued a promissory note in the amount of $10,000. The note has a coupon rate of 10% and a 6 month term.

 

On April 6, 2026, the Company converted 148,812 Series D Convertible Preferred Stock into 148,812,000 common shares.

 

On April 8, 2026, the Company issued a promissory note in the amount of $1,229. The note has a coupon rate of 10% and a 6 month term.

 

On April 27, 2026, the Company entered into Accrued Salary Reduction Agreements with three employees, pursuant to which the employees forgave $580,786 in accrued compensation owed by the Company, thereby reducing the Company’s outstanding liabilities. However, these agreements are contingent upon the closing of the Aethereum acquisition.

 

On May 5, 2026, the Company issued a promissory note in the amount of $15,000. The note has a coupon rate of 10% and a 6 month term.

 

On May 6, 2026, the Company extended the closing of the Aethereum acquisition and GloMed joint venture to May 22, 2026.