Company: CBLO
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001882781-25-000042
Chunk: 13

Company: C2 Blockchain, Inc.
Filing Date: 2025-11-19
Form: 10-Q
Item: Item 1
Chunk 13
---
,000,000 shares and canceled the Equity Line agreement with Coventry. The fair value of the shares has
been recorded as a reduction to paid in capital until the resolution of the commitment shares.

Shares
payable 

During
the period ended September 30, 2025, the Company received funds totaling $75,000 from a prospective shareholder for the purchase of 3,000,000
shares at $.025 per share. As of September 30, 2025, these shares had not yet been issued.

During
the year ended June 30, 2025, the Company received funds totaling $50,000 from a prospective shareholder. These shares were issued during
the period ended September 30, 2025.

Warrants

Stock
Warrants

The
following table summarizes the stock warrant activity for the three months ended September 30, 2025: 

    Warrants

    Weighted-Average
    Exercise Price Per Share

    Outstanding,
    June 30, 2025

    -

    $
    -

    Granted

    2,777,778

    0.02

    Exercised

    -

    -

    Forfeited

    -

    -

    Expired

    -

    -

    Outstanding, September
    30, 2025

    2,777,778

    $
    0.02

Note
11 - Related-Party Transactions

Consulting
Fees

During
the period ended September 30, 2025, the Company paid $87,500 to Simple Simon Says LLC (“Consultant”) for consulting services.
Simple Simon Says LLC is controlled by the father of the Company’s sole officer and director, Levi Jacobson. Pursuant to the consulting
agreement, Consultant provided business development, strategic advisory, and consulting services to the Company. Consultant acted as
an independent contractor and not as an employee or partner of the Company.

During
the year ended June 30, 2025, the Company paid $15,000 to Simple Simon Says LLC (“Consultant”) for consulting services. Simple
Simon Says LLC is controlled by the father of the Company’s sole officer and director, Levi Jacobson. Pursuant to the consulting
agreement, Consultant provided business development, strategic advisory, and consulting services to the Company from May 1, 2025, through
June 1, 2025. Consultant acted as an independent contractor and not as an employee or