Company: LASE
Filing Date: 2025-08-15
Form Type: 10-Q
Source: 0001641172-25-024367
Chunk: 17

Company: Laser Photonics Corp
Filing Date: 2025-08-15
Form: 10-Q
Item: Part I, Item 1
Chunk 17
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).

Warrants

As
of June 30, 2025, there were 1,050,000 Warrants Outstanding

 SCHEDULE OF WARRANTS

    Warrants as of December 31, 2024 
    $4.34  
     1,050,000  
     4,557,000 
  
    Issued 
        
     -  

    Expired 
        
     -  

    Warrants as of June 30, 2025 
    $4.34  
     1,050,000  
     4,557,000 

Options

As
of June 30, 2025, there weren’t Options Issued or Outstanding

    13

NOTE
4 – RELATED PARTY TRANSACTIONS

ICT
Investments provides the Company accounting services and various management services on an as needed basis. For the three months ended
June 30, pursuant to an arrangement with ICT Investments, the Company had not paid these services but had recorded payables for $35,760
for accounting services, and $83,073 for other services. Any distribution between Laser Photonics and ICT must be distributed to an affiliate
company. The Company owes $7,907 for marketing services to FONON Corporation.

ICT
Investments owns directly 4,438,695 shares of the Company’s common stock. As of June 30, 2025, ICT Investments owns 58.55% of the
total shares outstanding through the shares of the Company’s common stock owned by FONON Technologies Inc. (935,000) and FONON
Corporation (3,000,000) that are both controlled by ICT Investments. Dmitriy Nikitin is the Managing Partner of ICT Investments and has
controlled the Company since its inception.

On
April 3, 2025, on April 16, 2025 and on June 20, the Company received from ICT Investments, the owner of the majority of outstanding
shares of the Company’s common stock, an unsecured loan in the principal amount of $200,000,
an unsecured loan in the principal amount of $400,000,
and unsecured loan in the principal amount of $20,000 respectively, to assist Laser Photonics in meeting certain expenses, including
payroll. Laser Photonics issued promissory notes for each of these loans, with interest at $20,000,
$40,