v3.25.4
SUBSEQUENT EVENTS
9 Months Ended
Sep. 30, 2025
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 15 - SUBSEQUENT EVENTS

 

Issuance of Shares Pursuant to the ELOC

 

Since September 30, 2025, the Company issued 410,000 shares of Common Stock under the ELOC Agreement, for total gross proceeds of $2,287,609.

 

Debt Restructuring

 

Pursuant to an Assignment, Assumption and Release Agreement, dated November 12, 2025, one of the Company’s largest stockholders, BFH agreed to acquire $3,500,000 of the outstanding principle amount of the HUSA convertible note, dated July 10, 2025, originally used to finance the purchase of the Company’s Cedar Port property.