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Hypha Labs dismisses Fruci & Associates, engages Astra Audit for FY2026
Board approved dismissal of Fruci & Associates II, PLLC and engagement of Astra Audit and Advisory, LLC for FY ending Sept 30, 2026.
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Hypha Labs enters amended consulting agreement with CEO's entity for $120K/year
Amended and Restated Consulting Agreement with Duck's Nest Investments (wholly-owned by CEO A. Stone Douglass) effective Jan 1, 2025.
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Hypha Labs increases authorized common shares to 880M and preferred to 70M
Certificate of Amendment filed with Nevada SOS, effective January 15, 2025.
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CEO acquires Series C Preferred shares with super-voting rights; approved 3.5x increase in authorized shares
On Dec 10, 2024, CEO A. Stone Douglass purchased 1,000 shares of Series C Preferred at $0.10/share, each carrying 200,000 votes.
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Digipath renames to Hypha Labs after selling testing business; symbol change planned
Effective March 12, 2024, name changed from Digipath, Inc. to Hypha Labs, Inc. via Article 1 amendment.
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President Todd Denkin resigns; A. Stone Douglass appointed President and CEO
Todd Denkin resigned as President of Digipath and Digipath Labs effective Feb 28, 2024 to pursue other opportunities.
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Digipath completes sale of Digipath Labs' assets to DPL NV LLC for $2.3M
Sale closed on Feb 20, 2024, after Nevada CCB approval on Jan 18, 2024.
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Digipath dismisses M&K CPAS, engages Fruci & Associates as new auditor for FY2023
Board approved dismissal of M&K CPAS and engagement of Fruci & Associates II, PLLC as independent auditor for fiscal year ending Sep 30, 2023.
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Digipath agrees to sell cannabis testing lab assets for $2.3M; director resigns
Asset purchase price $2.3M cash; adjustments based on working capital above/below $150K.
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Digipath sells 1,000 Series C Preferred shares to President Todd Denkin at $0.10/share
President Todd Denkin purchased 1,000 shares of Series C Preferred Stock for $100 total ($0.10 per share).
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Digipath terminates LOI to acquire C3 Labs, expects full recovery of $1M loan via equipment liquidation
Terminated letter of intent with Evio, Inc. to acquire controlling interest in C3 Labs, a cannabis testing lab in Berkeley, CA.
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Digipath exchanges 278K Series A for Series B preferred, raises $55.6K
Exchanged 278,000 shares of Series A Preferred for 278,000 shares of Series B Preferred with an institutional investor.
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Digipath appoints A. Stone Douglass as CFO effective August 16, 2021
A. Stone Douglass, 74, appointed CFO; had been a director since July 1, 2021.
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Digipath appoints Stone Douglass to board, Todd Denkin as President
Stone Douglass appointed to Board on July 1, 2021; received option for 1M shares at $0.06 exercise price.