Company: BSAI
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001096906-25-000357
Chunk: 367

Company: BLUSKY AI INC.
Filing Date: 2025-04-01
Form: 10-K
Item: Item 15
Chunk 367
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 issued 314,572 restricted shares of Common Stock to L W Briggs Irrevocable Trust upon the conversion of $3,370,371 in existing debt owed to the shareholder that has been accrued by the Company. On February 1, 2023, the Company issued 52,858 restricted shares of Common Stock to Claymore Management upon the conversion of $580,768 in existing debt owed to the shareholder that has been accrued by the Company. On February 1, 2023, the Company issued 965,138 restricted shares of Common Stock to Clavo Rico Inc. upon the conversion of $9,774,869 in existing debt owed to the shareholder that has been accrued by the Company. On February 1, 2023, the Company issued 32,929 restricted shares of Common Stock to Pine Valley Investments upon the conversion of $115,250 in existing debt owed to the shareholder that has been accrued by the Company. On February 17, 2023, the Company issued 42,858 restricted shares of Common Stock to Whit Cluff for services rendered to the Company. These shares were valued at $0.0014 per share and the Company recognized an expense for stock-based compensation of $60,000. On February 17, 2023, the Company issued 2,858 restricted shares of Common Stock to Rod Sperry for services rendered to the Company. These shares were valued at $0.0014 per share and the Company recognized an expense for stock-based compensation of $4,000. On February 17, 2023, the Company issued 2,858 restricted shares of Common Stock to Brunson Chandler & Jones, PLLC for services rendered to the Company. These shares were valued at $0.0014 per share and the Company recognized an expense for stock-based compensation of $4,000. On February 17, 2023, the Company issued 14,286 restricted shares of Common Stock to Kyle Pickard for services rendered to the Company. These shares were valued at $0.0014 per share and the Company recognized an expense for stock-based compensation of $20,000. On September 22, 2023, the Company issued 157,143 restricted shares of Common Stock to William McCluskey for services rendered to the Company in accordance to a consulting agreement. These shares were valued at $0.001 per share