ITEM. 3.02 UNREGISTERED SALES OF EQUITY SECURITIES

On December 3, 2020, Nicholas Paul Tuke, the Company's Chief Executive Officer, converted $20,000 of accrued salary into 111,112 shares of the Company's Series "C" Preferred Stock at a conversion price of $0.18 per share.

On December 3, 2020, Enzo Taddei, the Company's Chief Financial Officer, converted $142,100 of accrued salary into 789,444 shares of the Company's Series "C" Preferred Stock at a conversion price of $0.18 per share.

On December 3, 2020, Peter James Smith, one of the Company's Directors, converted $142,100 of accrued salary into 789,444 shares of the Company's Series "C" Preferred Stock at a conversion price of $0.18 per share.

On December 3, 2020, Andrew Vincent Luckhurst, one of the Company's subsidiaries Directors, converted a $1,800 salary bonus into 10,000 shares of the Company's Series "C" Preferred Stock at a conversion price of $0.18 per share.

The Company´s Series "C" preferred shares were formally locked-up on May 22, 2020, when the Board of Directors voted unanimously to extend the lock-up period until December 31, 2022.

The above shares of preferred stock were issued in reliance on the exemption from the registration requirements of the Securities Act of 1933, as amended, provided by Section 4.(a)(2) of the Securities Act of 1933, as amended.

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