Company: AHRO
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001477932-25-002774
Chunk: 121

Company: Authentic Holdings, Inc.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 10
Chunk 121
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 outstanding, respectively.  During the year ended December 31, 2024, the Company issued common shares as follows:  ·Issued 237,835,611 shares of common stock for the conversion of notes valued at $313,460; and ·Issued 35,700 commitment shares for cash amounting to $35,700.  During the year ended December 31, 2023, the Company issued common shares as follows:  ·Issued 15,555,556 shares of common stock for cash amounting to $35,000; and ·Issued 451,467,019 shares of common stock for the conversion of notes values as $641,503.

 F-15Table of Contents

Common Stock Issuable As of December 31, 2024 and 2023, the Company had 52,200,000 and 16,500,000 shares of its $0.001 par value common stock to be issued, respectively. Stock Options There were no stock options issued by the Company during the years ended December 31, 2024 and 2023. 

NOTE 4 – NOTES PAYABLE Unsecured Notes Payable Unsecured notes consist of various notes accruing interest ranging from 5% to 17%.  All notes are currently in default. The following summarizes these notes:   December 31,   2024  2023 Unsecured notes payable $99,700  $99,700 Accrued interest  65,235   60,250   $164,935  $159,950  Convertible Notes Payable  As of December 31, 2024, and 2023 convertible notes outstanding $1,338,536 and $1,338,536 respectively.   December 31   2024  2023 Principal balances $1,044,313  $1,166,738 Discount  (1,209 )  (92,000 )Accrued Interest  470,632   168,505   $1,513,737  $1,243,243  During the year ended December 31, 2024, the Company received proceeds of $50,000 from two convertible promissory notes, maturing in 2026. The notes bear interest of 18%, with a penalty rate of 25