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SUBSEQUENT EVENTS
3 Months Ended
Mar. 31, 2025
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 12 - SUBSEQUENT EVENTS

 

On April 4, 2025, the Board of Directors of the Company appointed Ashissh Raichura as a member of the Board. For consideration the Board granted 50,000 restricted stock units, under the Corporation’s 2021 Plan which shall vest immediately, and 50,000 restricted stock units from the Plan, which shall vest monthly in equal increments over three years from the effective date. The fair market value of the 50,000 shares vested immediately, on the date of issuance, was $1.70 per share for an aggregate value of $85,000.

 

On April 7, 2025, the Board of Directors of the Company approved a Management Consulting Agreement (the “Agreement”) with Quantum PR OU (the “Consultant”), a strategic advisory and communications consulting firm. The Agreement became effective on April 8, 2025, and has a term of twelve (12) months, unless earlier terminated in accordance with its terms. Pursuant to the Agreement, the Consultant will provide the Company with strategic advisory services, including general promotional activities within the business and investment community, as well as guidance on financing initiatives and international business development. In consideration for the consulting services, On April 29, 2025, the Company issued 504,000 shares of its common stock to the Consultant in consideration for the consulting services for twelve months. The fair market value of the shares on the date of issuance was $1.63 per share, for an aggregate value of $821,520.