Item 8.01 Other Events

On July 11, 2022, our Board of Directors approved: (a) rescission of 500,000 Common Stock Options issued on October 14, 2021 to our Chief Executive Officer/Chief Financial Officer/Chairman, Tim Armes, at the price of $1.50 per Option (post reverse stock split = 50,000 Common Stock Options); and (b) a July 11, 2022 Stock Option Agreement with our Chief Executive Officer, Tim Armes, for issuance of 250,000 Common Stock Options at $4.00 per share with a 5 year exercise period, which options are being issued for our CEO providing 3 years of services to us.

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