Company: SNBH
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001731122-25-000581
Chunk: 92

Company: SENTIENT BRANDS HOLDINGS INC.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 1A
Chunk 92
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 it has yet to trade. On December 9, 2020, the Company filed a Certificate of Amendment of Articles of Incorporation (the
“Certificate”) with the State of California to (i) effect a forward stock split of its outstanding shares of common stock
at a ratio of 7 for 1 (the “Forward Stock Split”), (ii) increase the number of authorized shares of common stock from 50,000,000
shares to 500,000,000 shares, and (iii) effectuate a name change (the “Name Change”). As a result of the Name Change, the
Company’s name changed from “Intelligent Buying, Inc.” to “Sentient Brands Holdings Inc.”. The Certificate
was approved by the majority of the Company’s shareholders and by the Board of Directors of the Company. The effective date of the
Forward Stock Split and the Name Change was March 2, 2021. In connection with the above, the Company filed an Issuer Company-Related Action
Notification Form with the Financial Industry Regulatory Authority. The Forward Stock Split and the Name Change was implemented by FINRA
on March 2, 2021. As a result of the name change, our symbol was changed to “SNBH”.

The Company’s Common Stock is currently quoted
on the Pink Tier of OTC Markets under the symbol of “SNBH”. OTC Markets is a computer network that provides information on
current “bids” and “asks”, as well as volume information. As of the date hereof, no active trading market has
developed for our Common Stock. Securities traded on OTC Markets are usually thinly traded, highly volatile, have fewer market makers
and are not followed by analysts. The SEC’s order handling rules, which apply to NASDAQ-listed securities, do not apply to securities
quoted on OTC Markets. Quotes for stocks included on OTC Markets are not listed in newspapers and are often unavailable at many of the
online websites which publish stock quotes. Therefore, prices for securities traded solely on OTC Markets may be difficult to obtain and
holders of our securities may be unable to resell their securities at or near their original acquisition price, or at any price.

Financial Industry Regulatory Authority (“FINRA”)
sales practice requirements may also limit a stockholder’s ability to buy and sell our Common Stock, which could depress the price
of our Common Stock.

FINRA has adopted rules that require a broker-dealer
to have reasonable