Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS DEFICIT (Tables)

v3.22.2
STOCKHOLDERS DEFICIT (Tables)
6 Months Ended
Jun. 30, 2022
STOCKHOLDERS DEFICIT (Tables)  
Schedule of conversion of Series C Preferred stock

 

 

June 30,

2022*

 

 

December 31,

2021**

 

Estimated number of shares issuable for conversion at $3.25 per share

 

 

2,138,462

 

 

 

11,956,923

 

Estimated number of common shares required to satisfy Conversion Premium using VWAP at period end

 

 

68,049,150

 

 

 

150,167,722

 

 

 

 

70,187,612

 

 

 

162,124,645

 

Schedule of outstanding warrants

Warrants

 

 

Exercise

 

 

Expiration

 

lntrinsic Value at

 

Outstanding

 

 

Price ($)

 

 

Date

 

June 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

3

(1) 

 

$

195,312.50

 

 

September 12, 2022

 

$

-

 

 

32

(2) 

 

$

12,187.50

 

 

May 24, 2023

 

$

-

 

 

50,000,000

(3) 

 

$

2.00

 

 

December 30, 2026

 

$

-

 

 

50,000,000

(3) 

 

$

4.00

 

 

December 30, 2026

 

$

-

 

 

100,000

(4) 

 

$

0.705

 

 

April 25, 2025

 

$

-

 

 

25,000,000

(5) 

 

 

10.00

 

 

December 31, 2026

 

$

 

 

 

25,000,000

(5) 

 

 

20.00

 

 

December 31, 2026

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

150,150,035

 

 

 

 

 

 

 

 

$

-