LIVENTO GROUP, INC. The following discussion and analysis of financial condition and results of operations should be read in conjunction with our consolidated financial statements and related notes included elsewhere in this report. The information and financial data discussed below is only a summary and should be read in conjunction with the historical financial statements and related notes contained elsewhere in this 10-K. The financial statements contained elsewhere in this 10-K fully represent the Company's financial condition and operations; however, they are not indicative of the Company's future performance. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual results will not be different from expectations expressed in this 10-K.
Management's Discussion and Analysis of Financial Condition and Results of Operation.
Overview We primarily engage in developing BOXO projects development where our business model consists of financing new movies or engaging in a stage before starting distribution. BOXO is paid once the distributor company comes into the project; thus, Livento can turn around the investment equity quickly. AI product has current revenues from our clients in the form of fees for our services, and we invest part of these back into the product's continuous upgrade. We provide our clients with analytical services where we use our software to deliver them requested portfolio setting, and we charge an initial data analysis fee if the client uses the results of our software regularly; we charge fees based on the size of assets he has under management and type of additional services he requires. We divide our prices based on the number of data sets that need to be analyzed.
BOXO production revenues will be reflected further this year as the first projects enter a revenue stage. BOXO projects are currently in differing stages of production.
Our current real estate project is in a revenue production phase as apartments are becoming subject to purchase contracts and sell.
Recent Developments
In Q1 2022, while the Convid-19 pandemic appeared to be ending, management decided to acquire Livento. We believe this strategy has secured investors and attention for BOXO's efforts.
New movies are lined up every two weeks, and our producer team chooses the one with the highest added value for shareholders regarding current cash flow and potential movie effects.
Our AI product continues in normal development, where our internal team is providing services to several investment houses for portfolio optimization.
During end of 2022 we finalized the sale of the first part of our real estate
project for amount
Critical Accounting Policies
Critical accounting policies are defined as those that are reflective of significant judgments, estimates, and uncertainties and potentially result in materially different results under different assumptions and conditions. We believe the following are our critical accounting policies:
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Basis of Presentation and Principles of Consolidation
These consolidated financial statements and related notes are presented by
accounting principles generally accepted in
The basis of accounting differs in certain material aspects from that used for preparing the books of the Subsidiaries, which are prepared by the accounting principles and relevant financial regulations applicable to limited liabilities enterprises established in their domicile. The accompanying consolidated financial statements reflect necessary adjustments not recorded in the books of the Subsidiaries to present them in conformity withU.S. GAAP.
The consolidated financial statement comprises the financial statement of
Subsidiary - The Group consolidated financial statements include the assets, liabilities, equity, revenue, expenses and cash flows of the Company. A subsidiary is an entity over which the Company has control. The Company controls an entity when the Company has power over the entity, is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. Assessment of control is based on the substance of the relationship between the Company and the entity and includes consideration of both existing voting rights and, if applicable, potential voting rights that are currently exercisable and convertible. The operating results of subsidiaries acquired are included in the consolidated financial statements from month when control is acquired (typically the acquisition date). The operating results of subsidiaries that are divested during the period are included up to the date control ceased (typically the disposition date) and any difference between the fair value of the consideration received and the carrying value of a divested subsidiary is recognized in the consolidated income statements. Accounting policies of subsidiaries have been aligned with those of the Company where necessary.
Functional and presentation currency
The accompanying consolidated financial statements are presented in
Related parties
The Company adopted ASC 850, Related Party Disclosures, to identify related parties and disclose related party transactions.
A related party is generally defined as (i) any person that holds 10% or more of the Company's securities and their immediate families, (ii) the Company's management, (iii) someone that directly or indirectly controls, is controlled by or is under common control with the Company, or (iv) anyonewho can significantly influence the financial and operating decisions of the Company. A transaction is considered a related party transaction when resources or obligations are transferred between related parties. Related parties may be individuals or corporate entities. Revenue Recognition The Company adopted ASC 606 requires using a new five-step model to recognize revenue from customer contracts. The five-step model requires entities to exercise judgment when considering the terms of contracts, which includes (1) identifying the contracts or agreements with a customer, (2) identifying our performance obligations in the contract or agreement, (3) determining the transaction price, (4) allocating the transaction price to the separate performance obligations, and (5) recognizing revenue as each performance obligation is satisfied. The Company only applies the five-step model to contracts when it is probable that the Company will collect the consideration it is entitled to in exchange for the services it transfers to its clients. The Company has concluded that the new guidance did not require any change to its revenue recognition processes. The Company recognizes software service fees over time as performance obligations are satisfied over the life of the service, usually, with an average duration of one year. Payments received in advance from customers are recorded as "Deferred revenues." Such advance payments received are non-refundable after the thirty days refund period. 12 The cost of revenue consists primarily of the outsourced information technology support service, internal employees, consultants, service charges for cloud computing, and related expenses, which are directly attributable to the revenues. Nature, Timing of satisfaction of performance obligation and significant S/N Type of services payment terms Revenue Recognition 1 Income from Elisee involves in the Revenue is recognized by the Elissee Software business of analysis of company not only when delivery data sets for DJIA and DAX note and invoice has been indexes. The contracts for signed and confirmed by the Elisee are generally for 12 customer, but at the end of months. The billing for each quarter over the 12 months Elisee is quarterly with 60 period after service has been days collection period. delivered to the customers. When the company expects to be entitled to breakage (forfeiture of substandard services), the company recognizes the expected amount of breakage in proportion to the services provided versus the total expected network services to be provided. Any unexpected amounts of breakage are recognized when the unused value of network services expire 2 Management The company rendered The company recognize revenue service income Management services to when the services have been (Retinvest-AB, Thun provided Development Services and others) contains real estate development services mainly, but not limited to: - budgeting - contract check and preparation - project works - reporting and control of works - analysis of available land opportunities acquisitions Going Concern The Company's financial statements, as ofDecember 31, 2022 , are prepared using generally accepted accounting principles inthe United States of America applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has tried to establish an ongoing and stable source of revenues and cash flows sufficient to cover its operating costs and allow it to continue as a going concern. The Company has accumulated a net loss of$487,158 as ofDecember 31, 2022 . The cash balances as ofDecember 31, 2022 , were$24,159 . These factors, among others, support the ability of the Company to continue to fulfill its targets. However, management cannot assure that the Company will accomplish any of its plans. These financial statements do not include any adjustments related to the recoverability and classification of assets or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. Readers should not place undue reliance on these forward-looking statements, which are based on management's current expectations and projections about future events, are not guarantees of future performance, are subject to risks, uncertainties and assumptions (including those described below), and apply only as of the date of this filing. Our actual results, performance or achievements could differ materially from the results expressed in, or implied by, these forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to, the risks discussed in prior filings, in press releases and in other communications to shareholders issued by us from time to time which attempt to advise interested parties of the risks and factors which may affect our business. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. 13
Managements' Discussion of the year ended
During 2020,Livento Group LLC operated as development platform for its artificial intelligence software Elisee and real estate projects where as well revenue of$750,267 was invoiced for consulting and management services. We are providing strategical, project and administration services to several projects inEurope . Another$820,030 in revenues was share in real estate projects sales totaling revenues for 2020 to$1,570,297 . Costs were incurred mainly as professional fees in amount of$316,000 for people providing Elisee development and real estate projects consulting. Other costs was$88,000 for computer and server rent that was used for development of several projects in IT sector, one of them was as well Elisee. We are accounting for$267,000 as costs of goods sold that covered professional fees related
to revenues.
Our long-term assets consisted of Elisee in amount of
Managements' Discussion of the year ended
In 2021,
Due to high growth of the company, our professional fees increased in line with our revenues to$574,009 and Elisee and other IT focused projects development took$334,500 for server and IT rent. We are accounting for$714,589 as costs of goods sold for Elisee and$345,000 for professional fees linked to consulting revenues. We as well officially had our first office that was in cost of$87,100 . Company ended in net loss of$214,879 that was caused mainly by amortization of Elisee software that we started fully used and sell in 2021. Without amortization, the financial result of the company would be profit of$499,710 which would be decrease compared to year 2020 but Company invested lot of revenues into movie projects and as well Elisee development in expectation of future revenue coming from these investments. Our long term assets consisted of Elisee in amount of$5,032,230 , real estate projects in amount of$2,757,700 and$9,171,659 and movie projects in amount$3,715,600 .
Managements' discussion of the periods ended 2022
Livento Group was acquired byNugene International, Inc. , which subsequently changed its name toLivento Group, Inc. We had revenue of$1,966,202 during year 2022. These came from sales of Elisee and our management services to real estate projects. Elisee sales accounted for$ 1,066,000 and$900,202 for real estate projects and management services. Our costs of goods sold consist of Amortization of Intangible Assets in amount of$1,677,410 , Professional fees of key professionals and consulting fee that is related to generation of income from the Elisee in amount of$393,879 . Most of the revenue for the quarter that endedDecember 31, 2022 , was derived from software fees. Management believes that the increased revenues are related to our expanded staffing. The main reason is the hiring of new investment representative people and intermediary consultants that support gaining new clients. Our expenses were$482,347 , mainly professional fees, contracted labor, cloud fees, servers, and legal expenses. We sold first part of our real estate project with$100,000 profit and we seek to continue in this trend as real estate sales attitude is getting better in European residential market in first quarter 2023. 14 Professional fees increased during this period as we hired services to develop Elisee and more people in administration regarding the process of getting change don't withNuGene International, Inc. Compared to the previous period, we took larger office space to accommodate more people's needs. All of the above resulted in a net operation loss of$487,158 . Because of inflation, increased costs of construction, and smaller profit margins, we are transferring our focus to BOXO and Elisee. BOXO is undertaking more projects and requires more investment than we can generate, and demand for Elisee is increasing due to current market volatility. We believe the capital generated from the disposal of our real estate properties will provide the required cash for these operations. AssetsName of the intangible asset A&I machine learning program What the intangible assets is Contains algorithms and code to analyze large to be used for portions of data within closed portfolio of items in order to set their best performing distribution within the portfolio.
Duration for the construction / Development started in 2018 and continues to
completion of the intangible present time. Company has several consultants
assets and pays data and servers to upgrade and
finalize the system.
Expectation of revenue The asset currently generates app USD 1,5
generation from the asset million per year and we expect from 2023 to
produce USD 2,5 million as we are able to offer
upgraded version to more clients.
Expected useful life of the Based on the recommendation from the system
assets upon completion developers and technological changes the
company policy is to amortize A & I Learning
Program for 3 years. The company will conduct
an annual impairment test to reassess our
assumptions on the estimated useful life.
Amortization The company amortizes the asset at 33.33% per
annum using the straight method.
Amount expended on research. Research expenses are currently USD 5,032,230
including initial acquisition of the asset and
continues investments into data, consultants
and servers. These expenses don't include
general costs, marketing and other indirect
costs occurred during the time.
Development Projects
Name of the asset Real Estate Development Projectswhat the assets is to be used It contains project plans, budgets, permits and for
zoning rights for large project in Czech Republic . Duration for the construction / We are hiring consultants that are proceeding completion of the assets the works on the asset and we expect completing in 1Q 2023. Expectation of revenue Asset will be sold to third party for highest generation from the acquisition bid, we expect to sell for appUSD 3 million . of the asset Our sell process already started, we entertain several developers that are interested in the project acquisition.
Expected useful life of the It's a project, will be valid for 10 years assets upon completion
after completion.
Amount expended on research The cost to produce this asset is currently USD
2,757,700 and contains works of people and
acquisition of initial project.
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Managed Real Estate Projects
Name of the asset Managed Real Estate Projects what the assets is to be used Asset with name "Tundra' that is expressly for large residential project we acquired as a company and we are finalizing project works to sell this project in 1Q 2023. Duration for the construction / We are hiring consultants that are proceeding completion of the intangible the works on the asset and we expect completing assets in 2Q / 2023. Expectation of revenue Asset will be sold to third party for
highest
generation from the acquisition bid, we expect to sell for appUSD 9 million . of the asset Our sell process already started, we entertain several developers that are interested in the project acquisition.
Expected useful life of the It's a project, will be valid for 10 years assets upon completion
after completion.
Amount expended on research. The cost to produce this asset is currently $
9,171,659 and contains our efforts as well as
and the acquisition of initial project. We
already sold $2,000,000 with $100,000 profit so
actual value is $7,171,659
Movie projects
Name of the intangible asset Movie Projects
what the intangible assets is We invest into movie development projects
and
to be used for this asset class contains intellectual rights
to books, movies, scripts. We further develop
the asset via developing complete movie script
that is further offered to large distribution
studios in entertainment industry that will
sell the project so BOXO can produce the asset
to full movie. Assets as well can be separately
sold if there is buyer with interest.
Duration for the construction / Each movie asset needs 15-18 months to reach
completion of the intangible completion.
assets
Expectation of revenue Asset once pre-sold to distributor receives 40%
generation from the acquisition margin revenue and once in cinemas and /or
of the asset online streamers, BOXO receives revenue share
in share of 15-25%.
Expected useful life of the Movie asset package has expected value for 15
assets upon completion years.
How the assets is to be Pursuant to ASC 926-20-35, Livento Group, Inc
amortized amortizes capitalized movies cost when a movie
is released, and it begins to recognize revenue
from the film. These costs for an individual
film are amortized and participation costs are
accrued to direct operating expenses in the
proportion that current year's revenues bear to
management's estimates of the ultimate revenue
at the beginning of the current year expected
to be recognized from the exploitation,
exhibition, or sale of such film. Ultimate
revenue includes estimates over a period not to
exceed ten years following the date of initial
release of the motion picture.
Pursuant to ASC 926-20-50-2, Livento Group
costs to produce this asset is currently $
10,086,617 and contains works of people,
licenses, and acquisition of initial project.
Amount expended on research The cost to produce this asset is currently $
10,086,617 and contains works of people,
licenses and acquisition of initial project.
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COVID-19 outbreak
InMarch 2020 , theWorld Health Organization declared coronavirus COVID-19 a global pandemic. The COVID-19 pandemic has negatively impacted the global economy, workforce, and customers and created significant volatility and disruption of financial markets. It has also disrupted the normal operations of many businesses, including ours. This outbreak could decrease spending, adversely affect demand for our services and harm our company and the results of operations. It is not possible for us to predict the duration or magnitude of the adverse consequences of the outbreak and its effects on our business or the results of operations at this time.
Liquidity and Capital Resources.
Liquidity is the ability of a company to generate funds to support its current and future operations, satisfy its obligations, and otherwise operate on an ongoing basis.
We had$24,159 cash on hand onDecember 31, 2022 . This is adequate for our planned operations through the end of 2022. In addition, we anticipate approximately$2,150,000 in revenue from second sale process of our real estate assets to be received during 1Q 2023 and other receivables for Elisee and our management services in the amount of$489,910 . To build the BOXO brand fully, the Company intends to rely on increased net income and cash inflow in the coming year. In addition, we also plan to receive additional investments for our business through private equity sales. However, we can give no assurance that we will realize the goals.
Our receivables are mainly due from clients using Elisee software as the clients were experiencing high market volatility and delayed several payments. The situation is resolving and management anticipates that all delayed payments should be done received during Q1 2023.
Our billing for Elisee is generally quarterly, with payment up to 60 days, thus creating a need for working capital.
Our contracts for Elisee are generally 24 months, providing stable revenue and cash flow. We are engaged in the production of three movies, where the first one should provide revenue during 1Q of 2023 and the others near the end of 2023. Our movie industry investments appear on our balance sheet as these are not costs but direct investments as we acquire intellectual property in target movie companies. Each movie is produced in separate company so risk of failure is mitigated for Livento as a holding company.
Our debt is mainly operational liabilities, including one
We have not entered into any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures, or capital resources and would be considered material to investors.
Off-Balance Sheet Arrangements
We have no off-balance sheet arrangements, as defined in Item 303(a)(4)(ii) of Regulation S-K, obligations under any guaranteed contracts or contingent obligations. We also have no other commitments, other than the costs of being a public company that will increase our operating costs or cash requirements
in the future. Seasonality
Management does not believe that our current business segment is seasonal to any material extent.
Securities Authorized for Issuance under Equity Compensation Plans
We do not have in effect any compensation plans under which our equity securities are authorized for issuance.
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Unregistered Sales of
During the years ended
Individual/
Entity Shares
Transaction were issued to
type (e.g., (entities must
new issuance, have individual Reason for share
cancellation, with voting / issuance (e.g., for Restricted or
shares Number of Shares investment cash or debt Unrestricted
Date of returned to Issued (or Class of control conversion)-OR-Nature as of this Exemption or Transaction treasury)
cancelled) Securities disclosed). of Services Provided filing. Registration Type.
04/05/2021 New 700 000 000 Common Milan Hoffman Services Restricted 144
04/20/2021 Cancelled - 2 328 000 Common Milan Hoffman Services Restricted 144
04/20/2021 New 2 328 000 Common Michael Kopstick Services Restricted 144
05/07/2021 Cancelled - 10 500 000 Common Milan Hoffman Services Restricted 144
05/07/2021 New 10 500 000 Common Michael Kopstick Services Restricted 144
06/09/2021 Cancelled - 2 000 000 Common Milan Hoffman Services Restricted 144
06/09/2021 New 2 000 000 Common James Cowland Services Restricted 144
06/17/2021 Cancelled - 2 000 000 Common Milan Hoffman Services Restricted 144
06/17/2021 New 2 000 000 Common Paul Segura Jr. Services Restricted 144
Services Restricted 144
07/02/2021 New 20 000 000 Common Frank J. Hariton Services Restricted 144
07/08/2021 Cancelled - 37 800 000 Common Milan Hoffman Services Restricted 144
Judah Aaron
07/08/2021 New 37 800 000 Common Sternhill Services Restricted 144
07/21/2021 Cancelled - 10 000 000 Common Milan Hoffman Services Restricted 144
07/23/2021 New 4 000 000 Common Milan Hoffman Services Restricted 144
Conversion from
07/23/2021 New 958 860 Common ALI KHARAZMI Preferred to Common Restricted 144
Conversion from
07/23/2021 New 958 860 Common SAEED KHARAZMI Preferred to Common Restricted 144
Preferred
08/13/2021 New 100 A Milan Hoffman Super Voting Stock Restricted 144
Preferred Conversion from
08/13/2021 Cancelled - 1 917 720 C Milan Hoffman Preferred to Common Restricted 144
08/17/2021 New 800 000 Common Sandy Miles Services Restricted 144
Preferred
08/17/2021 New 8 000 C Sandy Miles Services Restricted 144
Eagle Equities
LLC, Yanky
09/03/2021 New 6 399 416 Common Borenstein Loan Settlement Unrestricted
EMA Financial
09/13/2021 New 2 225 034 Common LLC, John Scholz Loan Settlement Unrestricted
Preferred
10/05/2021 New 20 000 C James Cowland Services Restricted 144
10/18/2021 New 333 333 Common Sharni Brodesky Purchase Restricted 144
10/19/2021 New 333 333 Common Dayna R. Shereck Purchase Restricted 144
11/17/2021 Cancelled - 10 689 406 Common Milan Hoffman Cancellation Restricted 144
Eagle Equities
LLC,Yanky
11/17/2021 New 10 689 406 Common Borenstien Loan Settlement Unrestricted
11/18/2021 Cancelled - 20 000 000 Common Milan Hoffman Cancellation Restricted 144
Power Up Lending
Group Ltd., Curt
11/18/2021 New 5 428 572 Common Kramer Loan Settlement Unrestricted
EMA Financial,
Felicia Preston
11/30/2021 New 8 285 583 Common LLC Loan Settlement Unrestricted
Labrys Fund LP,TJ
12/02/2021 New 4 583 333 Common Silverman Loan Settlement Unrestricted
SBI Investments
LLC, Jonathan
12/06/2021 New 6 160 000 Common Juchno Loan Settlement Unrestricted
Power Up Lending
Group Ltd.,Curt
12/06/2021 New 3 960 000 Common Kramer Loan Settlement Restricted 144
12/07/2021 Cancelled - 30 000 000 Common Milan Hoffman Cancellation Restricted 144
Auctus Fund LLC,
12/13/2021 New 19 415 134 Common Lou Posner Loan Settlement Unrestricted
Preferred Conversion from
12/17/2021 Cancelled - 8 000 C Sandy Miles Preferred to Common Restricted 144
12/17/2021 New 800 000 Common Sandy Miles Purchase Restricted
144
Preferred Conversion from
12/17/2021 Cancelled -20 000 C James Cowland Preferred to Common Restricted 144
12/17/2021 New 2 000 000 Common James Cowland Services Restricted 144
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Individual/
Entity Shares
Transaction were issued to
type (e.g., (entities must
new issuance, have individual Reason for share
cancellation, with voting / issuance (e.g., for
shares investment cash or debt Restricted or
Date of returned to Number of Shares Class of control conversion)-OR-Nature Unrestricted as Exemption or Transaction treasury) Issued (or cancelled) Securities disclosed). of Services Provided of this filing. Registration Type.
Adam R. Long,
Puerto Rico,
02/02/2022 New 15 691 925 Common Oasis Capital LLC Conversion of Note Unrestricted
02/25/2022 Cancellation - 58 682 594 Common Milan Hoffman Cancellation Restricted 144
Preferred
02/25/2022 New 586 826 C Milan Hoffman Services/payment Restricted 144
Preferred Judah A.
02/28/2022 New 378 000 C Sternhill Purchase Restricted 144
Preferred
02/28/2022 New 200 000 C Frank J. Hariton Services/payment Restricted 144
Return to unissued
02/28/2022 Cancellation -500 000 000 Common Milan Hoffman authorized status Restricted
144
Judah A.
02/28/2022 Cancellation - 37 800 000 Common Sternhill Purchase Restricted 144
02/28/2022 Cancellation - 20 000 000 Common Frank J. Hariton Services/payment Restricted 144
Tiger Trout
Capital LLC,
Puerto Rico, Alan
03/01/2022 New 15 898 682 Common Masley Conversion of Note Unrestricted
03/03/2022 New 9 032 080 Common Abra Prince Conversion of Note Unrestricted
Eagle Equities
Preferred LLC, Yanky
03/11/2022 New 39 600 C Borenstein Purchase Restricted 144
03/14/2022 New 5 000 000 Preferred David Štýbr Control block Restricted 144
Kalimdor LLC,
03/23/2022 New 9 482 781 Common Ales Kudrna Conversion of Note Unrestricted
04/01/2022 New 9 482 781 Common Sandy Miles Conversion of Note Unrestricted
Preferred
06/21/2022 Cancellation - 5 000 000 C David Štýbr Cancellation Restricted 144
Kalimdor LLC,
07/19/2022 New 10 000 000 Common Ales Kudrna Conversion of Note Unrestricted
Preferred
07/19/2022 New 5 000 D Milan Behro Purchase Restricted 144
Preferred Kerberos Invest
07/25/2022 New 5 319 D sro, Jan Zikmunda Purchase Restricted 144
Preferred Cedric Herlinda
08/05/2022 New 1 667 D Jan Francois Purchase Restricted 144
Preferred West East Wind
09/01/2022 New 141 250 D Ltd, Petr Horvath rewards Restricted 144
Preferred
09/09/2022 New 5 000 D Roman Kacin Purchase Restricted 144
Preferred Jonathon Paul
09/14/2022 New 1 625 D Tingle Purchase Restricted 144
Preferred Samuel Lachlan
10/20/2022 New 3 704 D Rose Purchase Restricted 144
Kalimdor LLC,
10/27/2022 New 2 000 000 Common Ales Kudrna Conversion of Note Unrestricted
Preferred
11/04/2022 New 4 025 D James Conerly Purchase Restricted 144
Preferred Lynda
11/09/2022 New 4 025 D Raposo-Morris Purchase Restricted 144
Preferred
11/10/2022 New 1 646 D Laura Kojamanian Purchase Restricted 144
Preferred
11/11/2022 New 1 610 D James D. Opfar Purchase Restricted 144
Preferred
11/11/2022 New 1 610 D Seth Rush Purchase Restricted 144
Preferred Wesley J.
11/17/2022 New 2 000 D Hamilton Purchase Restricted 144
Kalimdor LLC,
11/17/2022 New 2 000 000 Common Ales Kudrna Conversion of Note Unrestricted
Preferred Richard James
11/21/2022 New 3 317 D Parker Purchase Restricted 144
Preferred Richard James
11/28/2022 New 4 166 D Parker Purchase Restricted 144
Kalimdor LLC,
12/07/2022 New 4 000 000 Common Ales Kudrna Conversion of Note Unrestricted
Preferred
12/21/2022 New 380 D Michael Henriksen rewards Restricted 144
Preferred
12/27/2022 New 25 000 D Greg Weinberg Purchase Restricted 144© Edgar Online, source
