Item 8.01. Other Events



Cancellation of Shares

On or about July 12, 2021, the Company cancelled 77,778 shares of its restricted common stock. The Company's authorized Transfer Agent, Empire Stock Transfer, cancelled the shares on July 12, 2021. These cancelled shares were returned to the corporate treasury.

The Company reached a mutual understanding with a shareholder to cancel the 77,778 common shares, par value $0.00001. The Board of Directors approved the cancellation. These 77,778 common shares represent approximately 0.8% percent of the issued and outstanding shares of the Company.





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