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EQUITY
9 Months Ended
Jun. 30, 2022
EQUITY  
EQUITY

NOTE 7 – EQUITY

 

Preferred Stock

 

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 June 30, 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.  Subsequently, on June 23, 2022, the acquisition of Carbon Zero was rescinded in full.  All shares were returned to the treasury.

 

Total common shares outstanding on June 30, 2022, and September 30, 2021, were 9,308,825 and 1,079,116, respectively.