other material
confidence high
sentiment negative
materiality 1.00
Inception Mining issues 2.24B restricted shares for debt conversion and services
BLUSKY AI INC.
- Issued ~2.24B restricted common shares on Feb 23, 2023 to 16 parties for debt conversion and services.
- Largest issuance: 965M shares to Clavo Rico Inc. for $3.38M debt conversion.
- Second largest: 485M shares to CEO Trent D'Ambrosio for $1.70M debt conversion.
- Issued 315M shares to L W Briggs Irrevocable Trust for $1.10M debt.
- Relied on Sections 3(a)(9) and 4(a)(2) of Securities Act; no public offering.