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EQUITY
6 Months Ended
Mar. 31, 2022
EQUITY  
Equity

NOTE 7 – EQUITY

 

Preferred Stock

 

On September 1, 2020, the Company authorized 12,000 shares of series D preferred stock, to Robin Hunt for the service rendered at $10 per share with a par value of $0.0001 per share.

 

On September 1, 2020, the Company authorized 12,000 shares of series D preferred stock, to Brian Kistler for the service rendered at $10 per share with a par value of $0.0001 per share.

 

On December 30, 2021, the Company converted all of the 710,676 shares of issued and outstanding preferred stock consisting of Series A, B,C and D preferred stock, into 15,920,945 shares of common stock.

 

The number of preferred shares outstanding on March 31, 2022 and September 30, 2021 was 0 and 710,496, respectively.

 

Common Stock

 

On December 30, 2021, Freedom Holdings, Inc. (the “Company”) acquired 100% of the issued and outstanding capital stock of Carbon Zero Asset Management, Inc. (“Carbon Zero”) from the seven (7) shareholders of Carbon Zero (the “Shareholders”) in exchange for 311,672,730 shares of the Company’s common stock, valued on December 30, 2021 at $1.00 per share.

 

Total common shares outstanding on March 31, 2022, and September 30, 2021, were 328,672,791 and 1,079,116, respectively.