BIOADAPTIVES INC
For the period ended Dec 31, 2023. Filed Apr 10, 2024.
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FY2023 · Filed Apr 10, 2024
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Consolidated Statements of Stockholders’ Deficit
CONSOLIDATED STATEMENT OF STOCKHOLDERS’ DEFICIT
| Series A · Series B · Additional | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Preferred stock · Preferred stock · Common stock · paid-in · Accumulated | ||||||||||
| Shares · Amount · Shares · Amount · Shares · Amount · capital · Deficit · Total | ||||||||||
| Balance, December 31, 2021 | 1,600,000 | $160 | - | $ | - | 50,819,780 | $5,082 | $5,557,828 | $(6,656,109) | $(1,093,039) |
| Common stock issued for conversion of debt | - | - | - | - | 201,734,985 | 20,173 | 501,506 | - | 521,679 | |
| Debts forgiveness - related party | - | - | - | - | - | - | 10,000 | - | 10,000 | |
| Warrant issued for Patent’s acquisition | - | - | - | - | - | - | 5,429 | - | 5,429 | |
| Net loss for the period | - | - | - | - | - | - | - | (895,570) | (895,570) | |
| Balance, December 31, 2022 | 1,600,000 | $160 | - | $ | - | 252,554,765 | $25,255 | $6,074,763 | $(7,551,679) | $(1,451,501) |
| Series A preferred stock issued for license fee | 1,250,000 | 125 | - | - | - | - | 22,500 | - | 22,625 | |
| Series B preferred stock issued for license fee | - | - | 1,500,000 | 150 | - | - | 17,850 | - | 18,000 | |
| Series B preferred stock issued for settlement of debt - related party | - | - | 750,000 | 75 | - | - | 16,425 | - | 16,500 | |
| Common stock issued for cash | - | - | - | - | 200,000,000 | 20,000 | 158,100 | - | 178,100 | |
| Common stock issued for conversion of debt | - | - | - | - | 443,205,460 | 44,321 | 237,790 | - | 282,111 | |
| Net loss for the period | - | - | - | - | - | - | - | (712,466) | (712,466) | |
| Balance, December 31, 2023 | 2,850,000 | $285 | 2,250,000 | $225 | 895,760,225 | $89,576 | $6,527,428 | $(8,264,145) | $(1,646,631) | |
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