| SCHEDULE OF ALLOCATION OF FAIR VALUE IN PRIVATE PLACEMENT |
The
allocation was calculated as follows:
SCHEDULE OF ALLOCATION OF FAIR VALUE IN PRIVATE PLACEMENT
| Component | |
Standalone Fair Value | | |
% of Total Fair Value | | |
Allocation of Proceeds | | |
Allocation per Share/Warrant | |
| Common Stock (6,156,001 shares) | |
$ | 340,245 | | |
| 60.66 | % | |
$ | 190,867 | | |
$ | 0.0310 | |
| Common Stock (6,156,001 shares) | |
$ | 340,245 | | |
| 60.66 | % | |
$ | 190,867 | | |
$ | 0.0310 | |
| Warrants (5,700,001 warrants) | |
| 220,643 | | |
| 39.34 | % | |
| 123,773 | | |
| 0.0217 | |
| Total | |
$ | 560,888 | | |
| 100 | % | |
$ | 314,640 | | |
| | |
|
| SCHEDULE OF SHARES AWARDED |
Shares
earned/paid, but not yet issued, subsequent to June 30, 2026:
SCHEDULE OF SHARES AWARDED
| Date |
|
|
# Shares |
|
|
Amount |
|
|
Price/Share |
|
|
Type |
|
Notice |
|
| 7/01/2026 |
b |
†
|
|
31,081,875 |
|
|
$ |
1,360,606 |
|
|
$ |
0.044 |
|
|
plan
2021 |
|
affiliate |
|
| 7/01/2026 |
b |
|
|
705,058 |
|
|
|
30,619 |
|
|
|
0.043 |
|
|
plan
2021 |
|
|
|
| 7/01/2026 |
a |
|
|
736,770 |
|
|
|
27,476 |
|
|
|
0.037 |
|
|
consulting
fee |
|
|
|
| 7/01/2026 |
a |
|
|
106,667 |
|
|
|
— |
|
|
|
— |
|
|
commission |
|
|
|
| 7/08/2026 |
a |
* |
|
450,000 |
|
|
|
14,753 |
|
|
|
0.033 |
|
|
private
placement |
|
|
|
| 7/08/2026 |
a |
* |
|
— |
|
|
|
8,247 |
|
|
|
— |
|
|
private
placement |
|
warrants |
|
| 7/05/2026 |
a |
|
|
150,000 |
|
|
|
3,750 |
|
|
|
0.025 |
|
|
consulting
fee |
|
|
|
| 8/10/2026 |
a |
|
|
150,000 |
|
|
|
3,300 |
|
|
|
0.022 |
|
|
consulting
fee |
|
|
|
| 8/14/2026 |
|
|
|
33,380,370 |
|
|
$ |
1,448,751 |
|
|
$ |
0.043 |
|
|
|
|
|
|
Warrants
paid, but not yet issued, subsequent to June 30, 2026
| Date |
|
|
# Warrants |
|
|
wavg
Term |
|
|
wavg
Exerc |
|
|
Type |
|
Notice |
|
| 7/08/2026 |
a |
* |
|
416,667 |
|
|
|
5.0 |
|
|
$ |
0.12 |
|
|
|
|
|
|
| * |
During
the period from April 20, 2026, to May 8, 2026, the Company proposed a private placement offering investors to purchase shares and
warrants issued together as a unit; however, each warrant is detachable and separately exercisable to purchase one share of Common
Stock. The average price was $0.06 per unit, less a broker (Member FINRA / SIPC) fee consisting of 8% cash commission and 8% bonus
shares. The Company raised a total of $23,000 (after $2,000 cash commission) and issued 450,000 shares of Common Stock (after 33,333
bonus shares), as well as 416,667 5-year warrants exercisable to buy Common Stock at $0.12 per share. The net received by the Company
was $0.053 per unit. As at August 14, 2026, shares and warrants have not yet been issued. |
| |
|
| †
|
The
shares will be issued as shares of Preferred Stock, but are for comparison purposes expressed as Common share equivalents. |
| |
|
| a |
The
Company claims an exemption from the registration requirements of the Securities Act for the private placement of these securities
pursuant to Section 4(a)(2) of the Securities Act and/or Rule 506 of Regulation D promulgated under the Securities Act. |
| b |
The
Company claims an exemption from the registration requirements of the Securities Act for the compensatory benefit plan pursuant to
Rule 701 of the Securities Act. |
|
| SCHEDULE OF ALLOCATION OF FAIR VALUE IN PRIVATE PLACEMENT |
The
allocation was calculated as follows:
SCHEDULE OF ALLOCATION OF FAIR VALUE IN PRIVATE PLACEMENT
| Component | |
Standalone Fair Value | | |
% of Total Fair Value | | |
Allocation of Proceeds | | |
Allocation per Share/Warrant | |
| Common Stock (450,000 shares) | |
$ | 12,199 | | |
| 64.14 | % | |
$ | 14,753 | | |
$ | 0.0328 | |
| Common Stock (450,000 shares) | |
$ | 12,199 | | |
| 64.14 | % | |
$ | 14,753 | | |
$ | 0.0328 | |
| Warrants (416,667 warrants) | |
| 6,819 | | |
| 35.86 | % | |
| 8,247 | | |
| 0.0198 | |
| Total | |
$ | 19,017 | | |
| 100 | % | |
$ | 23,000 | | |
| | |
|