Common Stock | Note 10 – Common Stock Issued a) On July 5, 2017, the Company issued 800,000 units consisting of one share of common stock and one warrant to purchase one share of common stock at a price of $0.25 per unit for cash proceeds of $200,000. Each warrant entitles the holder to purchase one share of common stock at $0.25. The warrants are exercisable before July 5, 2020. The warrants may be called by the Company any time after July 5, 2018 with 30 days notice at a price of $0.05 per warrant. b) On July 6, 2017, the Company issued 400,000 units consisting of one share of common stock and one warrant to purchase one share of common stock at a price of $0.25 per unit for cash proceeds of $100,000. Each warrant entitles the holder to purchase one share of common stock at $0.25. The warrants are exercisable before July 6, 2020. The warrants may be called by the Company any time after July 6, 2018 with 30 days notice at a price of $0.05 per warrant. c) On July 16, 2017, the Company issued 100,000 units consisting of one share of common stock and one warrant to purchase one share of common stock at a price of $0.25 per unit for cash proceeds of $25,000. Each warrant entitles the holder to purchase one share of common stock at $0.25. The warrants are exercisable before July 16, 2020. The warrants may be called by the Company any time after July 16, 2018 with 30 days notice at a price of $0.05 per warrant. d) On July 17, 2017, the Company issued 290,000 units consisting of one share of common stock and one warrant to purchase one share of common stock at a price of $0.25 per unit for cash proceeds of $72,500. Each warrant entitles the holder to purchase one share of common stock at $0.25. The warrants are exercisable before July 17, 2020. The warrants may be called by the Company any time after July 17, 2018 with 30 days notice at a price of $0.05 per warrant. e) On July 19, 2017, the Company issued 200,000 units consisting of one share of common stock and one warrant to purchase one share of common stock at a price of $0.15 per unit to an arm's length consultant in exchange for services of $30,000. Each warrant entitles the holder to purchase one share of common stock at $0.15. The warrants are exercisable before July 19, 2020. The warrants may be called by the Company any time after July 19, 2018 with 30 days notice at a price of $0.05 per warrant. f) On July 20, 2017, the Company issued 100,000 units consisting of one share of common stock and one warrant to purchase one share of common stock at a price of $0.25 per unit for cash proceeds of $25,000. Each warrant entitles the holder to purchase one share of common stock at $0.25. The warrants are exercisable before July 19, 2020. The warrants may be called by the issuer any time after July 20, 2018 with 30 days notice at a price of $0.05 per warrant. g) On July 24, 2017, the Company issued 5,000 units of one share of common stock and one warrant to purchase one share of common stock at a price of $0.50 per unit for cash proceeds of $2,500. Each warrant entitles the holder to purchase one share of common stock at $2.00. The warrants are exercisable before July 24, 2018. h) On August 8, 2017, the Company issued 10,000 units of one share of common stock and one warrant to purchase one share of common stock at a price of $1.25 per unit for cash proceeds of $12,500. Each warrant entitles the holder to purchase one share of common stock at $2.00. The warrants are exercisable before February 8, 2019. i) On August 27, 2017, the Company issued 300,000 shares of common stock at $0.25 per share for cash proceeds of $75,000. j) On September 7, 2017, the Company issued 20,000 units consisting of one share of common stock and one warrant to purchase one share of common stock at a price of $1.25 per unit for cash proceeds of $25,000. Each warrant entitles the holder to purchase one share of common stock at $4.00. The warrants are exercisable before March 6, 2019. k) On September 21, 2017, the Company issued 156,667 shares of common stock upon the exercise of 166,667 warrants exercised at $0.15 on a cashless basis. 10,000 shares of common stock were held back by the Company as consideration for the exercise. l) On September 26, 2017, the Company issued 101,000 shares of common stock at $0.15 per share upon the exercise of 101,000 warrants. m) On September 27, 2017, the Company issued 44,800 units consisting of one share of common stock and one warrant to purchase one share of common stock at a price of $1.25 per unit for cash proceeds of $56,000. Each warrant entitles the holder to purchase one share of common stock at $4.00. The warrants are exercisable before March 30, 2019. n) On September 29, 2017, the Company issued 4,000 units at a price of $1.25 per unit for cash proceeds of $5,000. Each unit consists of one share of common stock, one warrant and one piggyback warrant. Each warrant entitles the holder to purchase one share of common stock at $2.00. Each piggyback warrant entitles the holder to purchase one share of common stock at $4.00. The warrant is exercisable before December 24, 2018 and the piggyback warrant is exercisable before December 24, 2019. o) On September 29, 2017, the Company issued 16,000 units at $1.25 per unit for cash proceeds of $20,000. Each unit consists of one share of common stock, one warrant and one piggyback warrant. Each warrant entitles the holder to purchase one share of common stock at $2.00. Each piggyback warrant entitles the holder to purchase one share of common stock at $4.00. The warrant is exercisable before December 28, 2018 and the piggyback warrant is exercisable before December 28, 2019. p) On October 17, 2017, the Company issued 66,667 shares of common stock at $0.15 per share upon the exercise of 66,667 warrants. q) On October 31, 2017, the Company issued 315,500 shares of common stock at $0.15 per share upon the exercise of 315,500 warrants. r) On November 7, 2017, the Company issued 15,500 shares of common stock at $0.25 per share for cash proceeds of $3,875. s) On March 2, 2018, the Company issued 120,000 shares of common stock at $0.75 per share to an arm's length consultant for marketing services provided, of which $42,557 is reflected as a prepaid expense at June 30, 2019 (June 30, 2018 - $84,706). The share value was based on the quoted value of the stock at the time of issue. t) On April 4, 2018, the Company issued 16,000 shares of common stock at $0.25 per share upon the exercise of 16,000 warrants. u) On April 26, 2018, the Company issued 100,000 shares of common stock at $0.20 per share for cash proceeds of $20,000. v) On April 26, 2018, the Company issued 166,667 shares of common stock at $0.20 per share for cash proceeds of $33,333. w) On May 21, 2018, the Company issued 170,000 shares of common stock at $0.15 per share upon the exercise of 170,000 warrants. x) On June 11, 2018, the Company issued 250,000 shares of common stock at $1.00 per share to an arm's length consultant for referral services of which, $[ ] is reflected as a prepaid expense as of June 30, 3019 (June 30, 2018 - $185,625). The share value was based on the quoted value of the stock at the time of issue. y) On June 18, 2018, the Company issued 25,000 shares of common stock at $0.20 per share for cash proceeds of $5,000. z) On June 20, 2018, the Company issued 20,000 shares of common stock at $0.80 per share to an arm's length consultant for advisory services provided. The share value was based on the quoted value of the stock at the time of issue. aa) On July 23, 2018, the Company issued 66,667 shares of common stock at $0.15 per share upon the exercise of 66,667 warrants. bb) On July 24, 2018, the Company issued 100,000 shares of common stock at $0.15 per share upon the exercise of 100,000 warrants. cc) On July 26, 2018, the Company issued 15,000 shares of common stock, which was recorded as stock-based compensation at $0.85 per share, in an arm's length transaction to a consultant for advisory services provided. The share value was based on the quoted value of the stock at the time of issue. dd) On July 26, 2018, the Company issued 193,333 shares of common stock at $0.15 per share upon the exercise of 100,000 warrants. ee) On July 26, 2018, the Company issued 206,667 shares of common stock at $0.15 per share. As of June 30, 2018, this had been reflected as shares to be issued. ff) On July 31, 2018, the Company issued 150,000 shares of common stock, which was recorded as stock-based compensation at $0.81 per share, in an arm's length transaction to a consultant for advisory services pursuant to an agreement dated June 19, 2018. As of June 30, 2018, this had been reflected as shares to be issued. gg) On August 3, 2018, the Company issued 333,333 shares of common stock at $0.15 per share upon the exercise of 333,333 warrants. hh) On August 16, 2018, the Company issued 1,266,667 shares of common stock at $0.15 per share upon the exercise of 1,266,667 warrants. As of June 30, 2018, 1,266,667 of the warrants exercised had been reflected as shares to be issued. ii) On August 27, 2018, the Company issued 100,000 shares of common stock at $0.15 per share for exercise of 100,000 warrants. jj) On September 5, 2018, the Company issued 66,667 shares of common stock at $0.15 per share upon the exercise of 66,667 warrants. kk) On September 6, 2018, the Company issued 300,000 shares of common stock at $0.25 per share upon the exercise of 300,000 warrants. ll) On September 6, 2018, the Company issued 200,000 shares of common stock at $0.15 per share upon the exercise of 200,000 warrants. mm) On October 4, 2018, the Company issued 15,000 shares of common stock, which was recorded as stock-based compensation at $0.66 per share, in an arm's length transaction to a consultant for advisory services provided. The share value was based on the quoted value of the stock at the time of issue. nn) On October 9, 2018, the Company issued 263,525 shares of common stock at $0.15 per share upon the exercise of 263,525 warrants. oo) On October 12, 2018, the Company issued 100,000 shares of common stock, which was recorded as stock-based compensation at $0.64 per share, in an arm's length transaction to a consultant for advisory services provided. The share value was based on the quoted value of the stock at the time of issue. pp) On November 16, 2018, the Company issued 100,000 shares of common stock to an Officer of the Company in accordance with his employment agreement signed in November 2018. The share value was based on the quoted value of the stock at the time of signing the agreement. qq) On December 6, 2018, the Company issued 20,000 shares of common stock, which was recorded as stock-based compensation at $0.85 per share, in an arm's length transaction to a consultant for advisory services provided. The share value was based on the quoted value of the stock at the time of issue. rr) On April 1, 2019, the Company issued 160,000 shares of common stock, which was recorded as stock-based compensation at $0.62 per share, in an arm's length transaction to a consult for advisory services provided. The share value was based on the quoted value of the stock at the time of issuance. ss) On June 18, 2019, the Company issued 200,000 shares of common stock at $0.15 per share upon the exercise of 200,000 warrants. Equity to be Issued As of June 30, 2019, the Company was committed to issuing 250,000 shares of common stock valued at $200,000, pursuant to a consulting agreement approved on June 4, 2019. As of June 30, 2019, the Company was committed to issuing 40,000 shares of common stock valued at $0.75 per share. The Company has recorded $30,000 as equity to be issued in relation to this commitment. |