Item 8.01 Other Events
On
For services rendered in adapting the PXR Tactical Platform and the PXR Strategic Platform to monetize the Company's intellectual properties and other business purposes, and pursuant to SEC Form S-8, the Company has determined to issue 2,000,000,000 shares of common stock to advisors and consultants.
The fair economic value determined for the above-described Exclusive Capital
Lease of the PXR Tactical Platform and the PXR Strategic Platform together with
the recently announced royalty-free
Considering the business plans for the Company's already developed and recently obtained intellectual properties, the Board of Directors cannot foresee the need for any equity financing. Therefore, the Company presently intends to only seek short-term debt financing for any of its business purposes.
2
Item 9.01 Financial Statements and Exhibits
(d) Exhibits 99.1 Certificate of Designations of the Registrant relating to Series I Preferred Stock 99.2 Exclusive Capital Lease Of Trade Secrets 104 Cover Page Interactive Data File (embedded within the Inline XBRL Document)
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