Company: SNBH
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001731122-25-001574
Chunk: 73

Company: SENTIENT BRANDS HOLDINGS INC.
Filing Date: 2025-11-19
Form: 10-Q
Item: Part I, Item 8
Chunk 73
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 were canceled and void as of March 31st,
2025. New contracts and arrangements with the vendors, contractors and the service providers are to be negotiated by the Company in good
faith on as needed bases.

The
Company is currently involved in a wage dispute with a former contractor dating back to the third quarter of 2020. On May 30, 2025, the
Company received a demand letter from an attorney representing the contractor in the amount of $286,010 including wages, expenses and
interest. The Company disputes the claim in its entirety but has maintained an accrual of $54,000 related to the dispute. The Company
has executed a tolling agreement and begun settlement discussions with the contractor’s representative. The Company has not made
any change to its accrual as of this time. Neither party has initiated legal action at this time. Should any legal action occur against
the Company, the Company would defend itself vigorously and would assert claims of misconduct against the former contractor.

In
the first quarter of 2024, the Company engaged a consultant pursuant to which the consultant was to receive as consideration for services
in accordance with a payment schedule three cash payments of $10,000 for a total of $30,000 and three issuances of 1,000,000 shares of
the Company’s common stock for a total of 3,000,000 shares. During the first quarter of 2024, the consultant received two separate
cash payments of $10,000 for a total of $20,000 and two separate issuances of 1,000,000 shares of the Company’s common stock. As
of March 31, 2025, the consultant had not yet received the third cash payment and stock issuance. The Company has not recorded any charge
for the third payment as of March 31, 2025. Subsequent to March 31, 2025, on April 18, 2025, the consultant was issued 2,000,000
shares of the Company’s common stock in full settlement of the agreement.

NOTE
9. SUBSEQUENT EVENTS

The
Company has evaluated subsequent events for recognition and disclosure through November 19, 2025, which is the date the financial statements
were available to be issued.

In
October 2025, the company issued 5,419,928 shares to the note holder as a result of the conversion.

In
November 2025, the company issued 600,000