Subsequent Events

3 Months Ended

Mar. 31, 2021

Subsequent Events

Subsequent Events

17.  SUBSEQUENT EVENTS

Management has evaluated subsequent events according to ASC TOPIC 855 as of the date of the financial statements and has determined that the following subsequent events are reportable.

- On April 14, 2021, Andrew Van Noy, the holder of the majority of the voting power of the shareholders of the Company, and the Company’s chief executive officer and chairman, approved by written consent an amendment to the Company’s articles of incorporation, to increase the number of authorized shares of the Company’s common stock to 10,000,000,000. The Company will file such amendment with the Secretary of State of Nevada, approximately (but not less than) 20 days after the definitive information statement relating to such amendment is mailed to shareholders.

- On April 6, 2021, the Company issued 47,857,143 shares of common stock to a lender who exercised prefunded warrants at an exercise price of $0.001 per shares. The company received proceeds of $47,857 from this exercise.

- On April 9, 2021 and April 15, 2021, the Company issued 5,205,359 and 97,625 shares of common stock as a result of the exercise of stock options, respectively.

- On April 21, 2021, the Company issued 5,558,823 shares of common stock as a result of the cashless exercise of warrants.

- On May 7, 2021, the Company issued 1,895,536 shares of common stock as a result of the cashless exercise of warrants.