Bitech sells Quad Video assets for ~$8.8K note cancellation; issues 485.8M shares on conversion

Bimergen Energy Corp

Sold all assets of Quad Video Halo to Quad Video Holdings and Peter Dalrymple; consideration: cancellation of ~$8,789 promissory note plus accrued interest.
Also sold accounts receivables of spine pain management business to SPIN Collections for nominal, immaterial consideration.
Issued 485,781,168 common shares upon conversion of 9,000,000 Series A Preferred shares; total outstanding after conversion: 506,022,050.
Filed Certificate of Amendment to increase authorized common shares from 250 million to 1 billion, approved May 9, 2022.

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