SUBSEQUENT EVENTS

9 Months Ended

Sep. 30, 2022

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

NOTE 11 – SUBSEQUENT EVENTS

The Company has evaluated events from September 30, 2022 through the date the financial statements were issued. and did not, other than what is disclosed in the below, identify any further subsequent events requiring disclosure.

Stockholder’s Equity

Shares awarded, but not yet issued, under the 2021 Stock Plan:

On October 28, 2022 the Company granted 2,000 shares to a Scientific Advisory Board Member for his contribution to the Company during the second quarter of 2022. The total fair market value at the time of the award was $812, or $0.406/share.

On October 28, 2022 the Company granted 80,000 shares to four Board Members in reward of their attendance at Board and Committee meetings during the second quarter of 2022. The total fair market value at the time of the award was $32,480, or $0.406/share.

Stock options cancelled under the 2021 Stock Plan:

On October 31, 2022, 45,000 options were cancelled by expiration and returned to the stock plan.