(c)(1) Aggregate consideration for which the securities
were issued and basis for computing the amount thereof. | Extinguish $3,618,079 debt by issuance of 4,543,062 Common Stock to officers and employees for unpaid wages, valued between $0.40 and $1.00 per share, based on average stock price during accrual period. Extinguish debts of $1,527,883 by issuance of 1,527,885 Common Stock valued at $1.00 per share to two vendors. 200,000 Common Stock valued at $1.00 per share to consultant. 100,000 Common Stock to vendor valued at $0.67 per share based on 30-day volume-weighted average price. 833,333 restricted stock awards under 2022 Restricted Stock Plan to officers and employees. Issuance under 2022 Stock Option Plan of 708,333 Common Stock options to officers, directors, employees, and consultants for services. 2,045,000 Common Stock to directors for services rendered at rate of $5,000 per month. 508,334 common stock to consultants for services rendered, based on market price on grant date varying from $.49 to $.82 per share. 50,000 Common Stock issued in consideration of $145,000 Note. Issuance of 70,000 Common Stock in consideration of $200,000 Note. 311,100 shares issued upon conversion of Class B Shares into Common Stock (conversion rate of $.0767 per share). Extinguish $7.9 million debt for issuance of 320,094 Class C shares to 4 vendors. Each Class C share was priced at 12.5% of the total amount of debt. Extinguish $3,375,000 debt pursuant to issuance of 135,000 Series D Preferred Stock valued at $25 per share to 1 creditor. 70,423 Common Stock shares based on the 30-day volume weighted average price to consultant as partial payment ($50,000) for services. 225,000 Common Stock and 10,000 Series D Preferred Stock issued in consideration of $500,000 Note. Extinguish $6,505,368 debt via issuance of 260,214 Series D Preferred Stock valued at $25 per share to 3 vendors. 355,552 shares of Common Stock ($1 per share) issued to consultant. 20,000 Common Stock in consideration of Notes totaling $100,000. 500,000 Common Stock and 500,000 warrants in consideration for $250,000 Note. |