| CAPITAL STOCK TRANSACTIONS | NOTE
12 – CAPITAL STOCK TRANSACTIONS On
April 21, 2005, our Board of Directors and shareholders approved the re-domicile of the Company in the State of Nevada, in connection
with which we increased the number of our authorized common shares to 200,000,000 .001 On
May 25, 2006, our Board of Directors and shareholders approved an amendment to our Articles of Incorporation to authorize a new series
of preferred stock, designated as Series C, and consisting of 15,000 On
June 30, 2017, our Board of Directors and shareholders approved an increase in the number of our authorized common shares to 400,000,000 10,000,000 On
August 28, 2018, our Board of Directors and shareholders approved an increase in the number of our authorized common shares to 800,000,000 On
June 10, 2019, our Board of Directors and shareholders approved an increase in the number of our authorized common shares to 2,000,000,000 Common
Stock Transactions On
July 6, 2020, Clean Energy Technologies, Inc. (the “Company) entered into a securities purchase agreement (the “Securities
Purchase Agreement”) with LGH Investments, LLC (the “Investor”), pursuant to which the Company issued to the Investor
a convertible promissory note (the “Note”) in the original principal amount of $ 164,800 ,
a Warrant (the “Warrant”) to purchase 37,500
shares of the Company’s common stock,
par value $ .001
per share (the “Common Stock”) and
25,000 350,880
shares of common stock, for a total of $ 171,229
including principal of 164,800
plus a accrued interest of $ 6,429
as a result this note was paid in full. Also
on January 12, 2021 the company issued 17,447
shares of its common stock as redemptions
of $ 27,914
in cashless warrants. On
July 23, 2020 we issued 75,000
shares of our common stock at a price of
$1.60
per share, in exchange for the conversion
of 1,200
shares of our Series D Preferred Stock. On
August 17, 2020, Clean Energy Technologies, Inc. (the “Company) entered into a securities purchase agreement (the “Securities
Purchase Agreement”) with LGH Investments, LLC (the “Investor”), pursuant to which the Company issued to the Investor
a convertible promissory note (the “Note”) in the original principal amount of $ 103,000 ,
a Warrant (the “Warrant”) to purchase 37,500
shares of the Company’s common stock,
par value $ .001
per share (the “Common Stock”) and
25,000 3,000
with interest of 8 %
per annum payable at maturity. The Note matures 8 months from the issue date and is convertible at any time into the Common Stock at
a conversion price equal to $0.80
per share, subject to adjustment. The shares
were valued on the date of issuance using the stock price on that day for a total value of $ 19,211 .
We also recognized a debt discount of $ 17,861 .
We amortized $ 14,627
of the debt discount during the six months ended
June 30, 2021. The unamortized debt discount as of March 31, 2022 was $ 0 .
This note was paid in full on January 8, 2021. Also on February 5, 2021 the company issued 27,500
shares of its common stock as redemptions
of $ 44,000
in cashless warrants. On
October 14, 2020 Clean Energy Technologies, Inc. (the “Company) entered into a securities purchase agreement (the “Securities
Purchase Agreement”) with Firstfire Global Opportunities Fund LLC, (the “Investor”), pursuant to which the Company
issued to the Investor a convertible promissory note (the “Note”) in the original principal amount of $ 168,000 ,
a Warrant (the “Warrant”) to purchase 37,500
shares of the Company’s common stock,
par value $ .001
per share (the “Common Stock”) and
31,250
restricted shares of Common Stock (“Commitment
fee Shares”). These shares were issued on February 1, 2021 and 13,687
shares were issued as a result of exercise
of the warrants on May 28, 2021. This note was paid in full as of January 29, 2021. On
February 5, 2021 we issued 75,000
shares of our common stock at a price of
$3.20
per share, in exchange for the conversion
of 1,200
shares of our Series D Preferred Stock. On
February 9, 2021 we issued 56,892
shares of our common stock share, in exchange
for the conversion of $ 182,052
of accrued dividend for the series D Preferred
Stock. On
February 9, 2021 we issued 50,000
shares of our common stock at a price of
$1.60
per share, in exchange for the conversion
of 800
shares of our Series D Preferred Stock. On
February 23, 2021 we issued 93,868
of common stock at a purchase price of $0.56
per share and 93,868
of warrant at purchase price of 1.60
for an aggregate price of $ 52,566
to an accredited investor in a private sale.
An additional 907
shares were issued as a result of a correction
made to the original transaction. On
March 5, 2021 we issued 208,333
of common stock at a purchase price of $2.40
per share for an aggregate price of $ 500,000
to an accredited investor in a private sale. On
March 10, 2021 we issued 803,125
units of common stock at a purchase price
of $3.20
per share for an aggregate price of $ 2,570,000
to an accredited investor in a private sale. On
March 12, 2021 we issued 40,625
shares and 51,715
of our common stock at a price of $3.20
per share, in exchange for the conversion
of 650
shares of our Series D Preferred Stock and 165,487
of accrued dividend for the series D preferred
stock. On
September 2, 2021, Clean Energy Technology, Inc., a Nevada corporation ( the
“Company”), entered into an Equity Financing Agreement (“Equity Financing Agreement”) and Registration Rights
Agreement (“Registration Rights Agreement”) with GHS Investments LLC, a Nevada limited liability company (“GHS”).
Under the terms of the Equity Financing Agreement, GHS agreed to provide the Company with up to $ 4,000,000
upon
effectiveness of a registration statement on Form S-1 (the “Registration Statement”) filed with the U.S. Securities and Exchange
Commission (the “Commission”) As a result we issued 28,562
Shares
of common stock as an commitment fee, which was valued and expense in the amount of $ 47,699 . On
September 13, 2021 we issued 27,516 shares of common stock for a correction of a previous issuance
error. During
the year ended December 31, 2021, we issued 246,052
shares of common stock, under S-1 registration
statement with GHS for a total of $ 294,016
in net proceeds and expensed $ 96,334
in legal and financing fees as a result. On
December 31, 2021 we issued 245,844 shares of our common stock under our Reg A offering at $3.20
per share. These shares are unrestricted
and free trading. During
the quarter ended March 31, 2022, we issued 78,897
shares of common stock, under S-1 registration
statement with GHS for a total of $ 134,755
in net proceeds and expensed $ 45,498
in legal and financing fees as a result. On
February 21, 2022, we issued 375,875 shares of our common stock under our Reg A offering at $3.20
per share. These shares are unrestricted
and free trading. During
the April of 2022, we issued 122,891
shares of common stock, under S-1 registration
statement with GHS for a total of $ 153,324
in net proceeds and expensed $ 34,500
in legal and financing fees as a result. On September 21, 2022 MGW I converted $ 1,548,904
12,907,534
Common
Stock Our
Articles of Incorporation authorize us to issue 2,000,000,000
shares of common stock, par value $ 0.001
per share. As of Sept 30, 2022 there were 37,074,432
shares of common stock outstanding. All outstanding
shares of common stock are, and the common stock to be issued will be, fully paid and non-assessable. Each share of our common stock
has identical rights and privileges in every respect. The holders of our common stock are entitled to vote upon all matters submitted
to a vote of our shareholders and are entitled to one vote for each share of common stock held. There are no cumulative voting rights. The
holders of our common stock are entitled to share equally in dividends and other distributions that our Board of Directors may declare
from time to time out of funds legally available for that purpose, if any, after the satisfaction of any prior rights and preferences
of any outstanding preferred stock. If we liquidate, dissolve or wind up, the holders of common stock shares will be entitled to share
ratably in the distribution of all of our assets remaining available for distribution after satisfaction of all our liabilities and our
obligations to holders of our outstanding preferred stock. Preferred
Stock Our
Articles of Incorporation authorize us to issue 20,000,000 0.001 Unless
our Board of Directors provides otherwise, the shares of all series of preferred stock will rank on parity with respect to the payment
of dividends and to the distribution of assets upon liquidation. Any issuance by us of shares of our preferred stock may have the effect
of delaying, deferring or preventing a change of our control or an unsolicited acquisition proposal. The issuance of preferred stock
also could decrease the amount of earnings and assets available for distribution to the holders of common stock or could adversely affect
the rights and powers, including voting rights, of the holders of common stock. We
previously authorized 440 20,000 15,000 Effective
August 7, 2013, our Board of Directors designated a series of our preferred stock as Series D Preferred Stock, authorizing 15,000 shares.
Our Series D Preferred Stock offering terms authorized us to raise up to $1,000,000 with an over-allotment of $500,000 in multiple closings
over the course of six months. We received an aggregate of $ 750,000 The
following are primary terms of the Series D Preferred Stock. The Series D Preferred holders were initially entitled to be paid a special
monthly divided at the rate of 17.5 In
connection with the subscriptions for the Series D Preferred, we issued series F warrants to purchase an aggregate of 9,375
shares of our common stock at $4.00
per share and series G warrants to purchase
an aggregate of 9,375
shares of our common stock at $8.00
per share. On
August 21, 2014, a holder holding 5,000 13 In September 2015, all holders of Series D Preferred signed and delivered estoppel agreements, whereby the holders agreed,
among other things, that the Series D Preferred was not in default and to reduce (effective as of December 31, 2015) the dividend rate
on the Series D Preferred Stock to six percent per annum and to terminate the 3.5% penalty in respect of unpaid dividends accruing on
or after such date In
the first quarter of 2019, we signed agreements to issue 100,000
shares of common stock valued at $0.60
for a total value of $ 60,000
for the conversion of 800
preferred series D shares, which were subsequently
issued. We
also recorded a $ 60,000 On
February 4, 2020 we issued 12,500
shares of our common stock at a price of
$1.60
per share, in exchange for the conversion
of 800
shares of our Series D Preferred Stock. On
July 23, 2020 we issued 75,000
shares of our common stock at a price of
$1.60
per share, in exchange for the conversion
of 1,200
shares of our Series D Preferred Stock. On
February 5, 2021 we issued 75,000
shares of our common stock at a price of
$3.20
per share, in exchange for the conversion
of 1,200
shares of our Series D Preferred Stock. On
February 9, 2021 we issued 56,892
shares of our common stock share, in exchange
for the conversion of $ 182,052
of accrued dividend for the series D Preferred
Stock. On
February 9, 2021 we issued 50,000
shares of our common stock at a price of
$1.60
per share, in exchange for the conversion
of 800
shares of our Series D Preferred Stock. On
March 12, 2021 we issued 92,340
shares of our common stock together with
accrued preferred dividend at a price of $3.20
per share, in exchange for the conversion
of 1300
shares of our Series D Preferred Stock and accrued
preferred dividend. Warrants A
summary of warrant activity for the periods is as follows: On
July 6, 2020, Clean Energy Technologies, Inc. (the “Company) entered into a securities purchase agreement (the “Securities
Purchase Agreement”) with LGH Investments, LLC (the “Investor”), pursuant to which the Company issued to the Investor
a convertible promissory note (the “Note”) in the original principal amount of $ 164,800 ,
a Warrant (the “Warrant”) to purchase 37,500
shares of the Company’s common stock,
par value $ .001
per share (the “Common Stock”) and
25,000 4,800
with interest of 8 %
per annum payable at maturity. The Note matures 8 months from the issue date and is convertible at any time into the Common Stock at
a conversion price equal to $0.80
per share, subject to adjustment. On January
8, 2021, the cashless warrants were converted into 17,447
shares of our common stock. On
August 17, 2020, Clean Energy Technologies, Inc. (the “Company) entered into a securities purchase agreement (the “Securities
Purchase Agreement”) with LGH Investments, LLC (the “Investor”), pursuant to which the Company issued to the Investor
a convertible promissory note (the “Note”) in the original principal amount of $ 103,000 ,
a Warrant (the “Warrant”) to purchase 37,500
shares of the Company’s common stock,
par value $ .001
per share (the “Common Stock”) and
25,000 3,000
with interest of 8 %
per annum payable at maturity. The Note matures 8 months from the issue date and is convertible at any time into the Common Stock at
a conversion price equal to $0.80
per share, subject to adjustment. On February
1, 2021 the cashless warrants were converted into 27,500
shares of our common stock. On
February 23, 2021 we issued 93,868
of common stock at a purchase price of $0.56
per share and 93,868
of warrant at purchase price of 1.60
for an aggregate price of $ 52,566
to an accredited investor in a private sale.
An additional 907
shares were issued as a result of a correction
made to the original transaction. These warrants expire on February
23, 2022 . On
May 6, 2022, we issued 234,375
of warrant shares in connection with the
issuance of the promissory note in the principal amount of $ 750,000.00
to Mast Hill Fund at the exercise price per share
of 1.60.
However, that if the Company consummates an Uplist Offering on or before the date that is one hundred eighty (180) calendar days after
the Issuance Date, then the Exercise Price shall equal 120%
of the offering price per share of Common Stock. On August 5, 2022, we issued 43,403
138,889
1.60. 120%
On August 17, 2022, we issued 46,875
150,000
1.60. 120%
On September 1, 2022, we issued 43,403
138,889
1.60. 120%
On September 16, 2022, we issued 93,750
300,000
1.60. 120%
SCHEDULE
OF WARRANT ACTIVITY
Warrants - Weighted Warrants Weighted
Outstanding December 31, 2021 218,868 $ 1.60 218,868 $ 1.60
Expired 93,868 93,868 1.60
Exercised
Issued 461,806
Outstanding September 30, 2022 586,805 $ 1.60 125,000 $ 1.60 Stock
Options We
currently have no outstanding stock options. | NOTE
11 – CAPITAL STOCK TRANSACTIONS On
April 21, 2005, our Board of Directors and shareholders approved the re-domicile of the Company in the State of Nevada, in connection
with which we increased the number of our authorized common shares to 200,000,000 .001 On
May 25, 2006, our Board of Directors and shareholders approved an amendment to our Articles of Incorporation to authorize a new series
of preferred stock, designated as Series C, and consisting of 15,000 On
June 30, 2017, our Board of Directors and shareholders approved an increase in the number of our authorized common shares to 400,000,000 10,000,000 On
August 28, 2018, our Board of Directors and shareholders approved an increase in the number of our authorized common shares to 800,000,000 On
June 10, 2019, our Board of Directors and shareholders approved an increase in the number of our authorized common shares to 2,000,000,000 Common
Stock Transactions On
January 21, 2020 our Registration Statement on Form 1-A was qualified with the Securities and Exchange Commission, under which we
may offer up to 300,000,000 shares
of our common stock at a purchase price of $ 1.20 per
share. As of the date hereof, 113,083 shares
of common stock have been issued thereunder. On
January 30, 2020 we issued 42,500 shares
of our common stock at a purchase price of $ 0.80 per
share, as settlement in full of a note payable of in the amount of $ 36,500 with
accrued interest of 19,721 .
As a result we recognized a gain in the amount of $ 22,221 in
the 1 st On
February 3, 2020 we issued 92,250
shares of our common stock under our Reg
A offering at $ 1.20
per share. These shares are unrestricted
and free trading. On
February 4, 2020 we issued 50,000 shares
of our common stock at a price of $ 1.60 per
share, in exchange for the conversion of 800 shares
of our Series D Preferred Stock. On
March 17, 2020 we issued 20,833 shares
of our common stock under our Reg A offering at $ 1.20 per
share. These shares are unrestricted and free trading. On
June 8, 2020, Clean Energy Technology, Inc., a Nevada corporation (the
“Company”), entered into an Equity Financing Agreement (“Equity Financing Agreement”) and Registration
Rights Agreement (“Registration Rights Agreement”) with GHS Investments LLC, a Nevada limited liability company
(“GHS”). Under the terms of the Equity Financing Agreement, GHS agreed to provide the Company with up to $2,000,000 upon
effectiveness of a registration statement on Form S-1 (the “Registration Statement”) filed with the U.S. Securities and
Exchange Commission (the “Commission”) As a result we issued 19,113 Shares
of common stock as an commitment fee, which was valued and expense in the amount of $ 10,000 . . During
the year ended December 31, 2020 we issued 564,307 shares
of common stock, under S-1 registration statement with GHS for a total of $ 321,951 in
net proceeds and expensed $ 171,794 in
legal and financing fees as a result. On
July 6, 2020, Clean Energy Technologies, Inc. (the “Company) entered into a securities purchase agreement (the “Securities
Purchase Agreement”) with LGH Investments, LLC (the “Investor”), pursuant to which the Company issued to the Investor
a convertible promissory note (the “Note”) in the original principal amount of $ 164,800 ,
a Warrant (the “Warrant”) to purchase 37,500
shares of the Company’s common stock,
par value $ .001
per share (the “Common Stock”) and
25,000
restricted shares of Common Stock (“Commitment
fee Shares”). On December 31, 2020 this note was converted into 350,880
shares of common stock, for a total of $ 171,229
including principal of 164,800
plus a accrued interest of $ 6,429 .
Also on January 12, 2021 the company issued 17,447
shares of its common stock as redemptions
of $ 27,914
in cashless warrants. On
July 23, 2020 we issued 75,000
shares of our common stock at a price of
$ 1.60
per share, in exchange for the conversion
of 1,200
shares of our Series D Preferred Stock. On
August 17, 2020, Clean Energy Technologies, Inc. (the “Company) entered into a securities purchase agreement (the “Securities
Purchase Agreement”) with LGH Investments, LLC (the “Investor”), pursuant to which the Company issued to the Investor
a convertible promissory note (the “Note”) in the original principal amount of $ 103,000 ,
a Warrant (the “Warrant”) to purchase 37,500
shares of the Company’s common stock,
par value $ .001
per share (the “Common Stock”) and
25,000 3,000
with interest of 8 %
per annum payable at maturity. The Note matures 8 months from the issue date and is convertible at any time into the Common Stock at
a conversion price equal to $ 0.02
per share, subject to adjustment. The shares
were valued on the date of issuance using the stock price on that day for a total value of $ 19,211 .
We also recognized a debt discount of $ 17,861 .
We amortized $ 3,234
of the debt discount during the three months
ended September 30, 2020. The unamortized debt discount as of December 31, 2020 was $ 14,267 .
Subsequently this note was paid in full on January 8, 2021. On
October 14, 2020 Clean Energy Technologies, Inc. (the “Company) entered into a securities purchase agreement (the
“Securities Purchase Agreement”) with Firstfire Global Opportunities Fund LLC, (the “Investor”), pursuant to
which the Company issued to the Investor a convertible promissory note (the “Note”) in the original principal amount of
$ 168,000 37,500 shares
of the Company’s common stock, par value $ .001 per
share (the “Common Stock”) and 31,250 restricted
shares of Common Stock (“Commitment fee Shares”). These
shares were issued on February 1, 2021, and 13,387 shares
were issued as a result of exercise of the warrants on May 28, 2021. This note was paid in full as of January 29, 2021. On
February 5, 2021 we issued 75,000
shares of our common stock at a price of
$ 3.08
per share, in exchange for the conversion
of 1,200
shares of our Series D Preferred Stock. On
February 9, 2021 we issued 56,892 shares
of our common stock share, in exchange for the conversion of $ 182,052 of
accrued dividend for the series D Preferred Stock. On
February 9, 2021 we issued 50,000
shares of our common stock at a price of
$ 1.60
per share, in exchange for the conversion
of 800
shares of our Series D Preferred Stock. On
February 23, 2021 we issued 93,868 of
common stock at a purchase price of $ .56 per
share and 93,868 of
warrant at purchase price of 1.60 for
an aggregate price of $ 52,566 to
an accredited investor in a private sale. An additional 36,283 shares
were issued as a result of a correction made to the original transaction. On
March 5, 2021 we issued 208,333 of
common stock at a purchase price of $ 2.40 per
share for an aggregate price of $ 500,000 to
an accredited investor in a private sale. On
March 10, 2021 we issued 803,125 units
of common stock at a purchase price of $ 3.20 per
share for an aggregate price of $ 2,570,000 to
an accredited investor in a private sale. On
March 12, 2021 we issued 40,625 shares
and 51,715 of
our common stock at a price of $ 3.20 per
share, in exchange for the conversion of 650 shares
of our Series D Preferred Stock and 165,487 of
accrued dividend for the series D preferred stock. On
May 28, 2021 we issued 13,687 shares
for warrant conversion from a previous note holder. On
June 16, 2021 we issued 907 for
previously share issued correction. On
September 2, 2021, Clean Energy Technology, Inc., a Nevada corporation ( the
“Company”), entered into an Equity Financing Agreement (“Equity Financing Agreement”) and Registration Rights
Agreement (“Registration Rights Agreement”) with GHS Investments LLC, a Nevada limited liability company (“GHS”).
Under the terms of the Equity Financing Agreement, GHS agreed to provide the Company with up to $4,000,000 upon effectiveness of a registration
statement on Form S-1 (the “Registration Statement”) filed with the U.S. Securities and Exchange Commission (the “Commission”)
As a result we issued 28,561 Shares
of common stock as an commitment fee, which was valued and expense in the amount of $ 47,699 .
On October 14, 2021, this Form S-1 became effective. On
September 13, 2021, we issued 27,516 shares
of common stock for a correction of a previous issuance error. During
the year ended December 31, 2021, we issued 246,052 shares
of common stock, under S-1 registration statement with GHS for a total of $ 294,016 in
net proceeds and expensed $ 96,334 in
legal and financing fees as a result. On
December 31, 2021 we issued 245,844
shares of our common stock under our Reg
A offering at $ 3.20 per
share. These shares are unrestricted and free trading. Common
Stock Our
Articles of Incorporation authorize us to issue 2,000,000,000
shares of common stock, par value $ 0.001
per share. As of January 27, 2023, there
were 37,174,934 shares
of common stock outstanding. All outstanding shares of common stock are, and the common stock to be issued will be, fully paid and non-assessable.
Each share of our common stock has identical rights and privileges in every respect. The holders of our common stock are entitled to
vote upon all matters submitted to a vote of our shareholders and are entitled to one vote for each share of common stock held. There
are no cumulative voting rights. The
holders of our common stock are entitled to share equally in dividends and other distributions that our Board of Directors may declare
from time to time out of funds legally available for that purpose, if any, after the satisfaction of any prior rights and preferences
of any outstanding preferred stock. If we liquidate, dissolve or wind up, the holders of common stock shares will be entitled to share
ratably in the distribution of all of our assets remaining available for distribution after satisfaction of all our liabilities and our
obligations to holders of our outstanding preferred stock. Preferred
Stock Our
Articles of Incorporation authorize us to issue 20,000,000 0.001 Unless
our Board of Directors provides otherwise, the shares of all series of preferred stock will rank on parity with respect to the payment
of dividends and to the distribution of assets upon liquidation. Any issuance by us of shares of our preferred stock may have the effect
of delaying, deferring or preventing a change of our control or an unsolicited acquisition proposal. The issuance of preferred stock
also could decrease the amount of earnings and assets available for distribution to the holders of common stock or could adversely affect
the rights and powers, including voting rights, of the holders of common stock. We
previously authorized 440 20,000 15,000 Effective
August 7, 2013, our Board of Directors designated a series of our preferred stock as Series D Preferred Stock, authorizing 15,000 shares.
Our Series D Preferred Stock offering terms authorized us to raise up to $1,000,000 with an over-allotment of $500,000 in multiple closings
over the course of six months. We received an aggregate of $ 750,000 The
following are primary terms of the Series D Preferred Stock. The
Series D Preferred holders were initially entitled to be paid a special monthly divided at the rate of 17.5 %
per annum. Initially, the Series D Preferred Stock was also entitled to be paid special dividends in the event cash dividends were not
paid when scheduled. If the Company does not pay the dividend within five (5) business days from the end of the calendar month for which
the payment of such dividend to owed, the Company will pay the investor a special dividend of an additional 3.5%. Any unpaid or accrued
special dividends will be paid upon a liquidation or redemption. For any other dividends or distributions, the Series D Preferred Stock
participates with common stock on an as-converted basis. .
The Company may elect to redeem the Series D Preferred Stock any time at a price equal to initial purchase price plus all accrued but
unpaid dividends, subject to the investors’ right to convert, by providing written notice about its intent to redeem. Each investor
has the right to convert the Series D Preferred Stock at least ten (10) days prior to such redemption by the Company. In
connection with the subscriptions for the Series D Preferred, we issued series F warrants to purchase an aggregate of 9,375
shares of our common stock at $ .40
per share and series G warrants to purchase
an aggregate of 9,375
shares of our common stock at $ 8.00
per share. On
August 21, 2014, a holder holding 5,000 13 In September 2015, all holders of Series D Preferred signed and delivered estoppel agreements, whereby the holders agreed,
among other things, that the Series D Preferred was not in default and to reduce (effective as of December 31, 2015) the dividend rate
on the Series D Preferred Stock to six percent per annum and to terminate the 3.5% penalty in respect of unpaid dividends accruing on
or after such date In
the first quarter of 2019, we signed agreements to issue 100,000
shares of common stock valued at $ 0.60
for a total value of $ 60,000
for the conversion of 800
preferred series D shares, which were subsequently
issued. We
also recorded a $ 60,000 On
February 4, 2020 we issued 50,000
shares of our common stock at a price of
$ 1.60
per share, in exchange for the conversion
of 800
shares of our Series D Preferred Stock. On
July 23, 2020 we issued 75,000
shares of our common stock at a price of
$ 1.60
per share, in exchange for the conversion
of 1,200
shares of our Series D Preferred Stock. On
February 5, 2021 we issued 75,000 shares
of our common stock at a price of $ 3.20 per
share, in exchange for the conversion of 1,200 shares
of our Series D Preferred Stock. On
February 9, 2021 we issued 56,892 shares
of our common stock share, in exchange for the conversion of $ 182,052 of
accrued dividend for the series D Preferred Stock. On
February 9, 2021 we issued 50,000
shares of our common stock at a price of
$ 1.60
per share, in exchange for the conversion
of 800
shares of our Series D Preferred Stock. On
March 12, 2021 we issued 92,340
shares of our series D preferred stock together
with accrued preferred dividend at a price of $ 3.20
per share, in exchange for the conversion
of 1300
shares of our Series D Preferred Stock and accrued
preferred dividend. Warrants A
summary of warrant activity for the periods is as follows: On
May 31, 2019, we entered into a subscription agreement pursuant to which the Company agreed to sell 4,200,00
units (each a “Unit” and together
the “Units”) to MGW Investment I Limited MGWI for an aggregate purchase price of $ 1,999,200 ,
or $ 0.476
per Unit, with each unit consisting of one
share of common stock, par value $ .001
per share (the “Common Stock”) and
a warrant (the “Warrant”) to purchase one share of common stock. The Common Stock will be issued to MGWI at such time as
the Company increases the number of shares of its authorized Common Stock. The Warrant is exercisable at $ 3.20
per share of Common Stock and, which expired
on May 31, 2020. On
June 10, 2019 we issued 12,500
shares of common stock at $ 0.80
per share to an accredited investor for an
aggregate price of $ 10,000
in a private sale. We also issued 12,500
warrants as part of the transaction. Each
Warrant is exercisable at $ 1.60
per share of Common Stock and which expired
on June 10, 2020. On
July 18, 2019 we issued 12,500
shares of common stock at $ 0.80
per share to an accredited investor for an
aggregate price of $ 10,000
in a private sale. We also issued 12,500
warrants as part of the transaction. Each
Warrant is exercisable at $ 1.60 On
September 19, 2019 we entered into a stock purchase agreement for 6,250 units
to an accredited investor a private sale. Each unit consist of one share
of common stock and one warrant to purchase one share of common stock exercisable at $ 1.60
per share of Common Stock and expired on September 19, 2020. On
December 5, 2019 we issued 125,000
units to an accredited investor a private
sale. Each unit consist of one share of common stock and one
warrant to purchase one share of common stock
exercisable at $ 1.60
per share. These warrants expire on December
5, 2020. On
July 6, 2020, Clean Energy Technologies, Inc. (the “Company) entered into a securities purchase agreement (the
“Securities Purchase Agreement”) with LGH Investments, LLC (the “Investor”), pursuant to which the Company
issued to the Investor a convertible promissory note (the “Note”) in the original principal amount of $ 164,800 ,
a Warrant (the “Warrant”) to purchase 37,500 shares
of the Company’s common stock, par value $ .001 per
share (the “Common Stock”) and 25,000 restricted
shares of Common Stock (“Commitment fee Shares”). The Note carried an original issue discount of $ 4,800 with
interest of 8 %
per annum payable at maturity. The Note matures 8 months from the issue date and is convertible at any time into the Common Stock at
a conversion price equal to $ 0.80 per
share, subject to adjustment. On January 8, 2021, the cashless warrants were converted into 17,446 shares
of our common stock. On
August 17, 2020, Clean Energy Technologies, Inc. (the “Company) entered into a securities purchase agreement (the “Securities
Purchase Agreement”) with LGH Investments, LLC (the “Investor”), pursuant to which the Company issued to the Investor
a convertible promissory note (the “Note”) in the original principal amount of $ 103,000 ,
a Warrant (the “Warrant”) to purchase 37,500
shares of the Company’s common stock,
par value $.001 per share (the “Common Stock”) and 25,000
restricted shares of Common Stock (“Commitment
fee Shares”). The Note carried an original issue discount of $ 3,000
with interest of 8 %
per annum payable at maturity. The Note matures 8 months from the issue date and is convertible at any time into the Common Stock at
a conversion price equal to $ 0.80
per share, subject to adjustment. On February
1, 2021 the cashless warrants were converted into 27,500
shares of our common stock. On
February 23, 2021 we issued 93,868 of
common stock at a purchase price of $ 0.56 per
share and 93,868 of
warrant at purchase price of 1.60 for
an aggregate price of $ 52,566 to
an accredited investor in a private sale. An additional 907 shares
were issued as a result of a correction made to the original transaction. The weighted average life remaining in the table below is
approximately 1 year. SCHEDULE OF WARRANT ACTIVITY
Warrants
- Common Share Equivalents Weighted
Average Exercise price Warrants
exercisable - Common Share Equivalents Weighted
Average Exercise price
Outstanding
December 31, 2020 237,500 $ 1.60 237,500 $ 1.60
Additions 93,868 93,868 1.60
Exercised 112,500 112,500
Outstanding
December 31, 2021 218,868 $ 1.60 218,868 $ 1.60 Stock
Options We
currently have no outstanding stock options |
