Company: TGNT
Filing Date: 2025-05-07
Form Type: S-1/A
Source: 0001477932-25-003416
Chunk: 55

Company: Totaligent, Inc.
Filing Date: 2025-05-07
Form: S-1/A
Chunk 55
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 the amount of $20,678. During the year ended December 31, 2024, our financing activities provided cash of $142,000 compared to $201,840 during the year ended December 31, 2023. The cash provided in the current period solely related to proceeds from the issuance of convertible notes payable. The cash provided in the prior period related to proceeds from the sale of common stock of $25,000, proceeds from the issuance of convertible notes payable of $225,000 and repayments on notes payable in the amount of $48,160.

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<div align='center'>DIRECTORS, EXECUTIVE OFFICERS, AND CORPORATE GOVERNANCE</div>

The following sets forth information about our directors and executive officers:

| Name               |     | Age |     | Position                                                  |
| Edward C. DeFeudis |     |  52 |     | Chairman of the Board and CEO                             |
| Brian Heckathorne  |     |  46 |     | Executive Director and Director of Information Technology |
| Brendan Battles    |     |  54 |     | Director of Data Management                               |

Edward C. DeFeudis, Chairman and CEO

Mr. DeFeudis has been in finance for 30 years, having worked for Oppenheimer & Co., Inc., Merrill Lynch, and later founded private equity firm, Lion Equity Holding Corp. While in private equity, he worked in C-Level positions in several companies in which he invested, founded, and built. In addition to Lion Equity Holding Corp., Mr. DeFeudis was the founder and CEO of leading fintech platforms in peer-to-peer lending, and mobile money transfer. In 2011, Mr. DeFeudis won the Harvard Business School New Ventures award for the Southwestern United States for his foundational work in proprietary cloud-based mobile banking and money transfer. Mr. DeFeudis led multiple direct public offerings and reverse recapitalizations in various industries including biotechnology, aerospace, beauty, apparel, and entertainment. These transactions have resulted in more than a billion dollars of capital formation.

Brian Heckathorne – Executive Director and Director of Information Technology

Mr. Heckathorne specializes in building and supporting enterprise level servers and networks, large data administration with MySQL clusters, crypto mining operations, and in Mikrotik high speed fiber networking. Mr. Heckathorne started an early-stage web hosting company in 1996, which he later sold to a Houston, TX Based ISP