UAV Corp.
Financial Statements & Notes
June 30, 2022
UAV CORP. | |
A WYOMING Corporation | |
Company Headquarters | Mailing Address |
115 County Road 381 | 115 County Road 381 |
Wewahitchka, FL 35365 | Wewahitchka, FL 35365 |
____________________________________________________
Telephone: (850) 588-1747
Corporate Website: www.uavcorp.net
Corporation Email: brobinson@uavcorp.net
Primary SIC Code: 3721
QUARTERLY REPORT
For the Period Ended: June 30, 2022
(the "Reporting Period")
As of June 30, 2022, the number of shares outstanding of our Stock was:
Common Stock: 55,232,468 shares | Preferred Stock: 39,641,354 shares |
As of March 31, 2022, the number of shares outstanding of our Stock was:
Common Stock: 16,269,125 shares | Preferred Stock: 40,317,430 shares |
As of December 31, 2021, the number of shares outstanding of our Stock was:
Common Stock: 15,377,251 shares | Preferred Stock: 40,317,430 shares |
As of December 31, 2020, the number of shares outstanding of our Stock was:
Common Stock: 5,641,226 shares | Preferred Stock: 40,317,430 shares |
Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933 and Rule 12b-2 of the Exchange Act of 1934):
Yes: | No: |
Indicate by check mark whether the company's shell status has changed since the previous reporting period:
Yes: | No: |
Indicate by check mark whether a Change in Control of the company has occurred over this reporting period:
Yes: | No: |
UAV Corp.
Financial Statements & Notes
June 30, 2022
Cautionary Note Regarding Forward-Looking Information and Factors That May Affect Future Results:
This unaudited report contains forward-looking statements. The Securities and Exchange Commission encourages companies to disclose forward- looking information so that investors can better understand a company's future prospects and make informed investment decisions. This report and other written and oral statements that we make from time to time contain such forward-looking statements that set out anticipated results based on management's plans and assumptions regarding future events or performance. We have tried, wherever possible, to identify such statements by using words such as "anticipate", "estimate", "expect", "project", "intend", "plan", "believe", "will" and similar expressions in connection with any discussion of future operating or financial performance. In particular, these include statements relating to future actions, future performance or results of current and anticipated sales efforts, expenses, the outcome of contingencies, such as legal proceedings and financial results.
We caution that the factors described herein and other factors could cause our actual results of operations and financial condition to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made and we undertake no obligation to update any forward- looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.
- Name of the issuer and its predecessors (if any)
In answering this item, please also provide any names used by predecessor entities and the dates of the name changes.
December 29, 1995 - International Network Marketing Group
March 1, 2000 - | Portalzone.com, Inc. |
June 27, 2000 - | Status Wines of Tuscany Inc. |
May 30, 2007 - | Mariner's Choice International, Inc. |
September 2016 - | Han Tang Technologies, Inc. |
January 11, 2020 - | UAV Corp. |
Date and state (or jurisdiction) of incorporation (also describe any changes to incorporation since inception, if applicable) Please also include the issuer's current standing in its state of incorporation (e.g. active, default, inactive): The Company was incorporated in Wyoming on January 1, 2013 and has an 'active' standing with the state.
Describe any trading suspension orders issued by the SEC concerning the issuer or its predecessors: None
List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months: None
The address(es) of the issuer's principal executive office:
115 County Road 381
Wewahitchka, FL 35365
The address(es) of the issuer's principal place of business:
Check box if principal executive office and principal place of business are the same address: ☒
Has the issuer or any of its predecessors ever been in bankruptcy, receivership, or any similar proceeding in the past five years?
Yes: | No: | ||
2) | Security Information | ||
Trading symbol: | UMAV | ||
Exact title and class of securities outstanding: | Common Stock | ||
CUSIP: | 56846 R 100 | ||
Par or stated value: | $0.0001 | ||
Total shares authorized: | 2,000,000,000 | as of date: June 30, 2022 | |
Total shares outstanding: | 55,232,468 | as of date: June 30, 2022 | |
Number of shares in the Public Float: | 24,944,519 | as of date: June 30, 2022 | |
Total number of shareholders of record: | 281 | as of date: June 30, 2022 | |
All additional class(es) of publicly traded securities (if any): | |||
Trading symbol: | N/A | ||
Exact title and class of securities outstanding: | Preferred Stock | ||
CUSIP: | N/A | ||
Par or stated value: | $0.0001 | ||
Total shares authorized: | 100,000,000 | as of date: June 30, 2022 | |
Total shares outstanding: | |||
Series B | 19,867,000 | as of date: June 30, 2022 | |
Series C | 15,900,000 | as of date: June 30, 2022 | |
Series D | 3,874,354 | as of date: June 30, 2022 |
UAV Corp.
Financial Statements & Notes
June 30, 2022
Transfer Agent | ||
Name: | Pacific Stock Transfer, 6725 Via Austin Pkwy, Suite 300, Las Vegas, Nevada 89119 | |
Phone: | 800-785-7782 | |
Email: | info@pacificstocktransfer.com | |
Is the Transfer Agent registered under the Exchange Act? Yes: | No: |
- Issuance History
The goal of this section is to provide disclosure with respect to each event that resulted in any direct changes to the total shares outstanding of any class of the issuer's securities in the past two completed fiscal years and any subsequent interim period.
Disclosure under this item shall include, in chronological order, all offerings and issuances of securities, including debt convertible into equity securities, whether private or public, and all shares, or any other securities or options to acquire such securities, issued for services. Using the tabular format below, please describe these events.
- Changes to the Number of Outstanding Shares
Check this box to indicate there were no changes to the number of outstanding shares within the past two completed fiscal years and any subsequent periods:
Stock:
Shares Outstanding as of Second Most Recent Fiscal Year End: | ||||||||||
Date: | December 31, 2019 | |||||||||
Common: | 4,782,596 | |||||||||
Preferred: | 6 | |||||||||
Were the | Individual/ Entity | Reason for share | ||||||||
Transaction | shares issued at | Shares were issued | issuance (e.g. for | |||||||
type (e.g. new | a discount to | to (entities must | cash or debt | |||||||
issuance, | Value of shares | market price at | have individual | conversion) OR | ||||||
cancellation, | Number of | issued ($/per | the time of | with voting / | Nature of Services | Restricted or | Exemption or | |||
Date of | shares returned | Shares Issued (or | Class of | share) at | issuance? | investment control | Provided (if | Unrestricted as | Registration | |
Transaction | to treasury) | cancelled) | Securities | Issuance | (Yes/No) | disclosed). | applicable) | of this filing? | Type? | |
3/6/2020 | Cancellation | (6) | Preferred A | $ | 0.0001 | No | Brian Kistler | Change in control | Restricted | 4(a)(2) |
1/27/2020 | New issuance | 10,000 | Preferred B | $ | 0.0001 | No | Steven Hiller | Change in control | Restricted | 4(a)(2) |
1/27/2020 | New issuance | 10,000 | Preferred B | $ | 0.0001 | No | Kenneth Harris | Change in control | Restricted | 4(a)(2) |
1/27/2020 | New issuance | 10,000 | Preferred B | $ | 0.0001 | No | David Gainous | Change in control | Restricted | 4(a)(2) |
1/27/2020 | New issuance | 17,000 | Preferred B | $ | 0.0001 | No | Coastal Unmanned | Change in control | Restricted | 4(a)(2) |
Aerial Solutions, | ||||||||||
LLC (Michael | ||||||||||
Patrick) | ||||||||||
1/27/2020 | New issuance | 5,000 | Preferred B | $ | 0.0001 | No | Mid-South Capital | Change in control | Restricted | 4(a)(2) |
and Consulting | ||||||||||
Group, Inc. (Earl | ||||||||||
Williams) | ||||||||||
1/27/2020 | New issuance | 500,000 | Preferred B | $ | 0.0001 | No | Duco Petroleum, Inc. | Change in control | Restricted | 4(a)(2) |
(David Dugas) | ||||||||||
1/27/2020 | New issuance | 500,000 | Preferred B | $ | 0.0001 | No | Jack Denker | Change in control | Restricted | 4(a)(2) |
1/27/2020 | New issuance | 5,200,000 | Preferred B | $ | 0.0001 | No | Crescent Saints | Change in control | Restricted | 4(a)(2) |
Holdings, LLC | ||||||||||
(William Robinson) | ||||||||||
1/27/2020 | New issuance | 10,000,000 | Preferred B | $ | 0.0001 | No | DCL Invest, LLC | Change in control | Restricted | 4(a)(2) |
(Michael Lawson) | ||||||||||
1/27/2020 | New issuance | 1,500,000 | Preferred B | $ | 0.0001 | No | Damare Trust II | Change in control | Restricted | 4(a)(2) |
(Robert Damare) | ||||||||||
1/27/2020 | New issuance | 5,000 | Preferred B | $ | 0.0001 | No | Costin Aviation, Inc. | Change in control | Restricted | 4(a)(2) |
(Leonard Costin) | ||||||||||
1/27/2020 | New issuance | 210,000 | Preferred B | $ | 0.0001 | No | Costin Development | Change in control | Restricted | 4(a)(2) |
Corporation | ||||||||||
(Leonard Costin) | ||||||||||
1/27/2020 | New issuance | 160,000 | Preferred B | $ | 0.0001 | No | Thomas Prasil Trust | Change in control | Restricted | 4(a)(2) |
U/A/D 11-26-2003 | ||||||||||
(Thomas Prasil) | ||||||||||
1/27/2020 | New issuance | 80,000 | Preferred B | $ | 0.0001 | No | John Onstott | Change in control | Restricted | 4(a)(2) |
1/27/2020 | New issuance | 200,000 | Preferred B | $ | 0.0001 | No | Goldbrush, Inc. | Change in control | Restricted | 4(a)(2) |
(Anthony Piti) | ||||||||||
1/27/2020 | New issuance | 150,000 | Preferred B | $ | 0.0001 | No | Charles and Nita | Change in control | Restricted | 4(a)(2) |
Adams JTWROS | ||||||||||
1/27/2020 | New issuance | 1,000,000 | Preferred B | $ | 0.0001 | No | Ron Kalfon | Change in control | Restricted | 4(a)(2) |
1/27/2020 | New issuance | 150,000 | Preferred B | $ | 0.0001 | No | Paisley Holdings | Change in control | Restricted | 4(a)(2) |
LLC (Duyen Phan) | ||||||||||
1/27/2020 | New issuance | 160,000 | Preferred B | $ | 0.0001 | No | Potomac Petroleum | Change in control | Restricted | 4(a)(2) |
Company, Inc. (Sam | ||||||||||
Daniels) | ||||||||||
1/27/2020 | New issuance | 200,000 | Preferred C | $ | 0.0001 | No | Keith Moskowitz | Change in control | Restricted | 4(a)(2) |
1/27/2020 | New issuance | 200,000 | Preferred C | $ | 0.0001 | No | Andrew Schonzeit | Change in control | Restricted | 4(a)(2) |
UAV Corp.
Financial Statements & Notes
June 30, 2022
1/27/2020 | New issuance | 7,750,000 | Preferred C | $ | 0.0001 | No | Alpha Capital | Change in control | Restricted | 4(a)(2) |
Anstalt (Konrad | ||||||||||
Ackermann and | ||||||||||
Nicola Feuerstein) | ||||||||||
1/27/2020 | New issuance | 4,050,000 | Preferred C | $ | 0.0001 | No | Chase Financing Inc. | Change in control | Restricted | 4(a)(2) |
Profit Sharing and | ||||||||||
401(k) Plan (Robert | ||||||||||
Herskowitz) | ||||||||||
1/27/2020 | New issuance | 1,000,000 | Preferred C | $ | 0.0001 | No | R Herskowitz 2011 | Change in control | Restricted | 4(a)(2) |
Irrevocable Trust | ||||||||||
(Robert Herskowitz) | ||||||||||
1/27/2020 | New issuance | 2,700,000 | Preferred C | $ | 0.0001 | No | Robert Herskowitz | Change in control | Restricted | 4(a)(2) |
1/27/2020 | New issuance | 1,974,354 | Preferred D | $ | 0.5300 | No | Alpha Capital | Change in control | Restricted | 4(a)(2) |
Anstalt (Konrad | ||||||||||
Ackermann and | ||||||||||
Nicola Feuerstein) | ||||||||||
1/27/2020 | New issuance | 1,600,000 | Preferred D | $ | 0.5300 | No | Chase Financing Inc. | Change in control | Restricted | 4(a)(2) |
Profit Sharing and | ||||||||||
401(k) Plan (Robert | ||||||||||
Herskowitz) | ||||||||||
1/27/2020 | New issuance | 676,076 | Preferred D | $ | 0.5300 | No | Oscaleta Partners | Change in control | Restricted | 4(a)(2) |
LLC (Steve Hicks) | ||||||||||
1/27/2020 | New issuance | 150,000 | Preferred D | $ | 0.5300 | No | Brian Kistler | Change in control | Restricted | 4(a)(2) |
1/27/2020 | New issuance | 150,000 | Preferred D | $ | 0.5300 | No | Carpathia LLC (Joe | Change in control | Restricted | 4(a)(2) |
Canouse) | ||||||||||
3/17/2020 | New issuance | 30,000 | Common | $ | 0.7000 | Yes | Trillium Partners LP | Debt conversion | Restricted | 4(a)(2) |
(Steve Hicks) | ||||||||||
4/27/2020 | New issuance | 209,155 | Common | $ | 1.0000 | Yes | World Market | Debt conversion | Restricted | 4(a)(2) |
Ventures, LLC | ||||||||||
(Chad Curtis) | ||||||||||
4/29/2020 | New issuance | 50,000 | Common | $ | 0.5100 | Yes | Trillium Partners LP | Debt conversion | Restricted | 4(a)(2) |
(Steve Hicks) | ||||||||||
6/1/2020 | New issuance | 68,707 | Common | $ | 0.5000 | Yes | Trillium Partners LP | Debt conversion | Restricted | 4(a)(2) |
(Steve Hicks) | ||||||||||
7/13/2020 | New issuance | 286,715 | Common | $ | 0.3000 | Yes | Machiavelli Ltd., | Debt conversion | Restricted | 4(a)(2) |
LLC (Joseph | ||||||||||
Canouse) | ||||||||||
8/20/2020 | New issuance | 214,053 | Common | $ | 0.1210 | Yes | Machiavelli Ltd., | Debt conversion | Restricted | 4(a)(2) |
LLC (Joseph | ||||||||||
Canouse) | ||||||||||
1/7/2021 | New issuance | 547,619 | Common | $ | 0.6100 | Yes | Machiavelli Ltd., | Debt conversion | Restricted | 4(a)(2) |
LLC (Joseph | ||||||||||
Canouse) | ||||||||||
1/12/2021 | New issuance | 282,457 | Common | $ | 0.3500 | Yes | Anvil Financial | Debt conversion | Restricted | 4(a)(2) |
Management, LLC | ||||||||||
(Jeffrey Canouse) | ||||||||||
2/16/2021 | New issuance | 605,616 | Common | $ | 0.2400 | Yes | Machiavelli Ltd., | Debt conversion | Restricted | 4(a)(2) |
LLC (Joseph | ||||||||||
Canouse) | ||||||||||
3/31/2021 | New issuance | 740,536 | Common | $ | 0.1457 | Yes | Machiavelli Ltd., | Debt conversion | Restricted | 4(a)(2) |
LLC (Joseph | ||||||||||
Canouse) | ||||||||||
7/23/2021 | New issuance | 166,666 | Common | $ | 0.1370 | Yes | Quick Capital LLC | Cash | Restricted | 4(a)(2) |
(Eilon Natan) | ||||||||||
8/13/2021 | New issuance | 766,176 | Common | $ | 0.1500 | Yes | Machiavelli Ltd., | Debt conversion | Restricted | 4(a)(2) |
LLC (Joseph | ||||||||||
Canouse) | ||||||||||
9/7/2021 | New issuance | 916,081 | Common | $ | 0.1340 | Yes | Machiavelli Ltd., | Debt conversion | Restricted | 4(a)(2) |
LLC (Joseph | ||||||||||
Canouse) | ||||||||||
9/8/2021 | New issuance | 480,000 | Common | $ | 0.2000 | Yes | Quick Capital LLC | Cash | Restricted | 4(a)(2) |
(Eilon Natan) | ||||||||||
9/9/2021 | New issuance | 956,971 | Common | $ | 0.1720 | Yes | Livingston Asset | Cash | Restricted | 4(a)(2) |
Management LLC | ||||||||||
(Stephen Hicks) | ||||||||||
9/13/2021 | New issuance | 956,951 | Common | $ | 0.1600 | Yes | Alpha Capital | Cash | Restricted | 4(a)(2) |
Anstalt (Konrad | ||||||||||
Ackermann and | ||||||||||
Nicola Feuerstein) | ||||||||||
9/21/2021 | New issuance | 1,091,725 | Common | $ | 0.1600 | Yes | Machiavelli Ltd., | Debt conversion | Restricted | 4(a)(2) |
LLC (Joseph | ||||||||||
Canouse) | ||||||||||
10/1/2021 | New issuance | 850,227 | Common | $ | 0.1470 | No | Livingston Asset | Cash | Restricted | 4(a)(2) |
Management LLC | ||||||||||
(Stephen Hicks) | ||||||||||
11/18/2021 | New issuance | 875,000 | Common | $ | 0.0750 | No | Quick Capital LLC | Cash | Restricted | 4(a)(2) |
(Eilon Natan) | ||||||||||
12/17/2021 | New issuance | 500,000 | Common | $ | 0.1000 | No | Quick Capital LLC | Cash | Restricted | 4(a)(2) |
(Eilon Natan) | ||||||||||
3/9/2022 | New issuance | 891,874 | Common | $ | 0.0757 | Yes | Oscaleta Partners | Debt conversion | Restricted | 4(a)(2) |
LLC (Steve Hicks) |
UAV Corp.
Financial Statements & Notes
June 30, 2022
4/1/2022 | New issuance | 25,000,000 | Common | $ | 0.0900 | No | Brian Kistler | Services | Restricted | 4(a)(2) |
4/18/2022 | New issuance | 241,712 | Common | $ | 0.1283 | Yes | Trillium Partners LP | Debt conversion | Restricted | 4(a)(2) |
(Steve Hicks) | ||||||||||
4/25/2022 | Cancellation | (676,076) | Preferred D | $ | 0.0001 | No | Oscaleta Partners | Exchange | - | - |
LLC (Steve Hicks) | ||||||||||
4/25/2022 | New issuance | 1,442,728 | Common | $ | 0.0001 | No | Oscaleta Partners | Exchange | Restricted | 4(a)(2) |
LLC (Steve Hicks) | ||||||||||
4/28/2022 | New issuance | 3,500,000 | Common | $ | 0.0200 | Yes | Quick Capital LLC | Cash | Unrestricted | Reg A |
(Eilon Natan) | ||||||||||
5/9/2022 | New issuance | 500,000 | Common | $ | 0.0200 | Yes | David Ashbrook | Cash | Unrestricted | Reg A |
5/9/2022 | New issuance | 2,500,000 | Common | $ | 0.0200 | Yes | Kyle Coates | Cash | Unrestricted | Reg A |
5/9/2022 | New issuance | 3,150,000 | Common | $ | 0.0200 | Yes | Trillium Partners LP | Cash | Unrestricted | Reg A |
(Steve Hicks) | ||||||||||
6/2/2022 | New issuance | 250,000 | Common | $ | 0.0200 | Yes | Alex Henderson | Cash | Unrestricted | Reg A |
6/15/2022 | New issuance | 155,580 | Common | $ | 0.1089 | Yes | Livingston Asset | Debt conversion | Restricted | 4(a)(2) |
Management LLC | ||||||||||
(Stephen Hicks) | ||||||||||
6/17/2022 | New issuance | 1,250,000 | Common | $ | 0.0200 | Yes | Quick Capital LLC | Cash | Unrestricted | Reg A |
(Eilon Natan) | ||||||||||
6/21/2022 | New issuance | 973,323 | Common | $ | 0.0113 | Yes | Livingston Asset | Debt conversion | Restricted | 4(a)(2) |
Management LLC | ||||||||||
(Stephen Hicks) | ||||||||||
Number of shares outstanding as of June 30, 2022 | ||||||||||
Common: | 55,232,468 | |||||||||
Preferred: | 39,641,354 |
Warrants:
Warrants Outstanding as of Second Most Recent Fiscal Year End: | ||||||||||
Date: | December 31, 2019 | |||||||||
Warrants: | - | |||||||||
Were the | Reason for share | |||||||||
Transaction | warrants issued | Individual/ Entity | issuance (e.g. for | |||||||
type (e.g. new | at a discount to | Shares were issued | cash or debt | |||||||
issuance, | Value of shares | market price at | to (entities must | conversion) OR | ||||||
cancellation, | Number of Shares | issued ($/per | the time of | have individual with | Nature of Services | Restricted or | Exemption or | |||
Date of | shares returned | for which warrant | Class of | share) at | issuance? | voting / investment | Provided (if | Unrestricted as | Registration | |
Transaction | to treasury) | may be exercised | Securities | Issuance | (Yes/No) | control disclosed). | applicable) | of this filing? | Type? | |
1/27/2020 | New | 1,000,000 | Warrant | $ | 1.000 | No | Alpha Capital Anstalt | Forbearance | n/a | n/a |
(Konrad Ackermann | agreement | |||||||||
and Nicola | ||||||||||
Feuerstein) | ||||||||||
1/27/2020 | New | 500,000 | Warrant | $ | 1.000 | No | Chase Financing Inc. | Forbearance | n/a | n/a |
Profit Sharing and | agreement | |||||||||
401 (k) Plan (Robert | ||||||||||
Herskowitz) | ||||||||||
1/26/2022 | New | 111,111 | Warrant | $ | 0.500 | No | Quick Capital LLC | Debt issuance | n/a | n/a |
(Eilon Natan) | ||||||||||
2/16/2022 | New | 111,111 | Warrant | $ | 0.500 | No | Trillium Partners LP | Debt issuance | n/a | n/a |
(Steve Hicks) | ||||||||||
Warrants Outstanding on Date of This Report: | ||||||||||
Date: | June 30, 2022 | |||||||||
Warrants | 1,722,222 | |||||||||
Use the space below to provide any additional details, including footnotes to the table above:
None
- Debt Securities, Including Promissory and Convertible Notes
Use the chart and additional space below to list and describe all outstanding promissory notes, convertible notes, convertible debentures, or any other debt instruments that may be converted into a class of the issuer's equity securities.
Check this box if there are no outstanding promissory, convertible notes or debt arrangements:
Reason for | ||||||||||
Conversion Terms (e.g. pricing mechanism | Issuance (e.g. | |||||||||
Date of Note | Outstanding | Principal Amount | Interest Accrued | Maturity | for determining conversion of instrument to | Loan, Services, | ||||
Issuance | Balance ($) | at Issuance ($) | ($) | Date | shares) | Name of Noteholder | etc.) | |||
1/27/2020 | $ | 1,923,757 | $ | 1,923,757 | $ | 133,735 | 5/28/2021 | $0.50 per share of common stock | Alpha Capital Anstalt, | Loan |
(Konrad Ackermann and | ||||||||||
Nicola Feuerstein) |
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UAV Corporation published this content on 22 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 August 2022 14:35:04 UTC.