COMMON STOCK	9 Months Ended
Sep. 30, 2023
COMMON STOCK
COMMON STOCK	NOTE 6 – COMMON STOCK The Company entered into the following consulting agreements: On December 6, 2021, the Company entered into a four year consulting agreement. The agreement provides for a total of 3,000,000 shares to be issued on each of the three anniversary dates in following amounts, 750,000 in 2022, 900,000 in 2023 and 1,350,000 in 2024. On December 26, 2021, the Company entered into a three-year consulting agreement. The agreement provides for a total of 180,000 shares to be issued on each of the three anniversary dates in the following amounts: 45,000 in 2022, 75,000 in 2023 and 60,000 in 2024. On September 1, 2022, the Company entered into a 10 year agreement with a consultant. The agreement provides for a total of 300,000 shares to be issued in the event of an IPO or acquisition. On September 1, 2022, the Company entered into a one year agreement with a second consultant. The agreement provides for a total of 1,275,000 shares to be issued during the term at the rate of 106,250 per month. Effective September 1, 2022, the Company entered into a 18 month agreement with a third consultant. The agreement provides for a total of 225,180 shares to be issued during the term at the rate of 12,510 per month. On September 15, 2021, the Company entered into a four year consulting agreement. The agreement provides for a total of 2,576,850 shares to be issued during the term at the rate of 107,370 per month. In addition, the consultant was entitled to a cash compensation of at least $250,000 per annual. The agreement was terminated in October 2022. During the year ended December 31, 2022, under the above agreements, the Company granted 1,377,390 shares of common stock to four consultants for services rendered for total non-cash expense of $10,101. Since the Company’s common stock is not currently trading, shares were issued at the price of shares last sold to third parties of $0.007. As of September 30, 2023, the shares have not yet been issued, however have been recorded as common stock to be issued as shown in stockholders’ deficit. During the nine months ended September 30, 2023, the Company sold 225,000 shares in a private placement at a price of $0.10 for total proceeds of $22,500. During the nine months ended September 30, 2023, a total of 1,712,550 shares of common stock were issued for services rendered under the above consulting agreements for total non-cash expense of $171,256. Since the Company’s common stock is not currently trading, shares were issued at the price of shares last sold to a third party of $0.10. As of September 30, 2023, 2,339,940 shares have not yet been issued by the transfer agent and are included in common stock to be issued. Refer to Note 5 for related party equity transactions.

COMMON STOCK

9 Months Ended

Sep. 30, 2023

NOTE 6 – COMMON STOCK

The Company entered into the following consulting agreements:

On December 6, 2021, the Company entered into a four year consulting agreement. The agreement provides for a total of 3,000,000 shares to be issued on each of the three anniversary dates in following amounts, 750,000 in 2022, 900,000 in 2023 and 1,350,000 in 2024.

On December 26, 2021, the Company entered into a three-year consulting agreement. The agreement provides for a total of 180,000 shares to be issued on each of the three anniversary dates in the following amounts: 45,000 in 2022, 75,000 in 2023 and 60,000 in 2024.

On September 1, 2022, the Company entered into a 10 year agreement with a consultant. The agreement provides for a total of 300,000 shares to be issued in the event of an IPO or acquisition.

On September 1, 2022, the Company entered into a one year agreement with a second consultant. The agreement provides for a total of 1,275,000 shares to be issued during the term at the rate of 106,250 per month.

Effective September 1, 2022, the Company entered into a 18 month agreement with a third consultant. The agreement provides for a total of 225,180 shares to be issued during the term at the rate of 12,510 per month.

On September 15, 2021, the Company entered into a four year consulting agreement. The agreement provides for a total of 2,576,850 shares to be issued during the term at the rate of 107,370 per month. In addition, the consultant was entitled to a cash compensation of at least $250,000 per annual. The agreement was terminated in October 2022.

During the year ended December 31, 2022, under the above agreements, the Company granted 1,377,390 shares of common stock to four consultants for services rendered for total non-cash expense of $10,101. Since the Company’s common stock is not currently trading, shares were issued at the price of shares last sold to third parties of $0.007. As of September 30, 2023, the shares have not yet been issued, however have been recorded as common stock to be issued as shown in stockholders’ deficit.

During the nine months ended September 30, 2023, the Company sold 225,000 shares in a private placement at a price of $0.10 for total proceeds of $22,500.

During the nine months ended September 30, 2023, a total of 1,712,550 shares of common stock were issued for services rendered under the above consulting agreements for total non-cash expense of $171,256. Since the Company’s common stock is not currently trading, shares were issued at the price of shares last sold to a third party of $0.10. As of September 30, 2023, 2,339,940 shares have not yet been issued by the transfer agent and are included in common stock to be issued.

Refer to Note 5 for related party equity transactions.

- Definition

The entire disclosure for equity.

+ References

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+ Details

3FORCES INC. 10-Q