STOCKHOLDERS’ EQUITY | NOTE 5 - STOCKHOLDERS’ EQUITY Common stock On August 1, 2022, the Company initiated a private placement offering for the sale of up to 123,076,923 0.0065 0.013 800,000 153,846,154 1,000,000 200,000,000 1,300,000 0.013 During the three months ended March 31, 2022, the Company issued 12,500,000 0.006 75,000 2,500,000 0 2,831,670,853 2,693,190,084 Shares to be issued During the year ended December 31, 2022, in connection with the mentioned private placement offering on August 12, 2022, the Company received $ 576,000 382,250 88,615,385 559,557,692 Additional paid in capital Stock Options In Q2 2023, consultants were each granted the option to purchase shares of common stock; Ken Tapp 10 10 100 10 130 0.01 In Q3 2023, consultant Summer Schnog was granted the option to purchase 50 0.01 Valuation The Company utilizes the Black-Scholes model to value its stock options. The Company utilized the following assumptions: The following is a summary of stock option activity during the nine months ended September 30, 2023. SCHEDULE OF STOCK OPTION Options Outstanding Weighted Average Number of Weighted Average Remaining life Options Exercise Price (years) Outstanding, December 31, 2022 854,000,000 $ 0.012 8.56 Granted 180,000,000 0.012 7.32 Exercised - - - Forfeited/canceled - - - Outstanding, September 30, 2023 1,034,000,000 0.012 7.32 Exercisable options, September 30, 2023 1,034,000,000 $ 0.012 7.32 Warrants In Q3 2023, an investor warrant total of 166 0.03 Valuation The Company utilizes the Black-Scholes model to value its stock options. The Company utilized the following assumptions: The following is a summary of warrant activity during the nine months ended September 30, 2023. SCHEDULE OF WARRANTS ACTIVITY Warrants Outstanding Weighted Average Number of Weighted Average Remaining life Warrants Exercise Price (years) Outstanding, December 31, 2022 116,446,154 $ 0.01 4.38 Granted 599,557,692 0.01 5.00 Exercised - - Forfeited/canceled - - Outstanding, September, 2023 716,003,846 $ 0.007 4.58 |