Filed Pursuant to Rule 424(b)(3)

Registration No. 333-257108

 

PROSPECTUS 

 

Wikisoft Corp.

1,470,000 Shares of Common Stock

 

This prospectus supplement amends and supplements the prospectus dated August 27, 2021 (as supplemented or amended from time to time, the “Prospectus”), which forms a part of our Registration Statement on Form S-1 (No. 333-257108). This prospectus supplement is being filed to update and supplement the information in the Prospectus with the information contained in our Quarterly Report on Form 10-Q for the period ended September 30, 2021, filed with the Securities and Exchange Commission on November 10, 2021 as amended by Form 10-Q/A for the same reporting period filed on November 17, 2021 (the “Quarterly Report”). Accordingly, we have attached the Quarterly Report to this prospectus supplement.

 

This prospectus relates to the resale of up to 1,470,000 shares of common stock, issuable to Triton funds LP (“Triton”), the selling stockholder, pursuant to a “Purchase Notice” under an Amended and Restated Common Stock Purchase Agreement (the “Purchase Agreement”), dated August 17, 2021, that we entered into with Triton. The Purchase Agreement permits us to issue Purchase Notices to Triton for up to one million dollars ($1,000,000) in shares of our common stock through June 30, 2022 or until $1,000,000 of such shares have been subject of a Purchase Notice.

 

Each closing tranche shall not exceed $100,000 per purchase notice to Triton Funds . The selling stockholder may sell all or a portion of the shares being offered pursuant to this prospectus at fixed prices, at prevailing market prices at the time of sale, at varying prices or at negotiated prices.

 

Triton is an underwriter within the meaning of the Securities Act of 1933, and any broker-dealers or agents that are involved in selling the shares may be deemed to be “underwriters” within the meaning of the Securities Act of 1933 in connection with such sales. In such event, any commissions received by such broker-dealers or agents, and any profit on the resale of the shares purchased by them, may be deemed to be underwriting commissions or discounts under the Securities Act of 1933.

 

Our common stock is quoted on the OTCQB under the symbol “WSFT.” On December 16, 2021, the reported closing price of our common stock was $0.0899 per share. Prior to this offering, there has been a very limited market for our securities. While our common stock is quoted on the OTC Markets, there has been negligible trading volume. There is no guarantee that an active trading market will develop in our securities.

 

We will not receive any proceeds from the sale of shares of our common stock by the selling stockholder. However, we will receive proceeds from the sale of shares of our common stock pursuant to our exercise of the Purchase Notice right offered by Triton. We will pay for expenses of this offering, except that the selling stockholder will pay any broker discounts or commissions or equivalent expenses and expenses of its legal counsel applicable to the sale of its shares.

 

There are no arrangements to place the funds received in an escrow, trust, or similar arrangement and the funds will be available to us following deposit into our bank account.

 

We are an “emerging growth company” as defined in the Jumpstart Our Business Startups Act (“JOBS Act”). Investing in our shares involves a high degree of risk. BEFORE BUYING ANY SHARES, YOU SHOULD CAREFULLY READ THE DISCUSSION OF MATERIAL RISKS OF INVESTING IN OUR SHARES IN “RISK FACTORS” BEGINNING ON PAGE 6 OF THIS PROSPECTUS.

 

We have not authorized any dealer, salesman or other person to give any information or to make any representation other than those contained or incorporated by reference in this prospectus. You must not rely upon any information or representation not contained or incorporated by reference in this prospectus.

 

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

 

The date of this prospectus is December 16, 2021

 

   

 

25

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 10-Q

 

  [X] Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

For the quarterly period ended September 30, 2021

 

  [] Transition Report pursuant to 13 or 15(d) of the Securities Exchange Act of 1934

 

For the transition period from __________ to__________

 

Commission File Number: 000-56239

 

Wikisoft Corp.

(Exact name of registrant as specified in its charter)

 

Nevada   35-2675388
(State or other jurisdiction of
incorporation or organization)
  (IRS Employer
Identification No.)

 

315 Montgomery Street

San Francisco, CA 94104

(Address of principal executive offices)

 

800-706-0806

(Registrant’s telephone number)

 

(Former name, former address and former fiscal year, if changed since last report)

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

[X] Yes [  ] No

 

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). [X] Yes [  ] No

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company.

 

☐   Large accelerated filer ☐   Accelerated filer
  Non-accelerated Filer Smaller reporting company
  ☒   Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). [ ] Yes [X] No

 

Securities registered pursuant to Section 12(b) of the Act: None

 

State the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: 93,507,376 common shares as of November 1, 2021

  2  

 

  

TABLE OF CONTENTS

 

    Page
PART I – FINANCIAL INFORMATION
   
Item 1: Financial Statements 3
Item 2: Management’s Discussion and Analysis of Financial Condition and Results of Operations 4
Item 3: Quantitative and Qualitative Disclosures About Market Risk 8
Item 4: Controls and Procedures 8
     
PART II – OTHER INFORMATION
   
Item 1: Legal Proceedings 10
Item 1A: Risk Factors 10
Item 2: Unregistered Sales of Equity Securities and Use of Proceeds 10
Item 3: Defaults Upon Senior Securities 10
Item 4: Mine Safety Disclosures 10
Item 5: Other Information 10
Item 6: Exhibits 11

 

  3  

 

PART I - FINANCIAL INFORMATION

 

Item 1. Financial Statements

 

Our consolidated financial statements included in this Form 10-Q are as follows:

 

  F-1  Consolidated Balance Sheets as of September 30, 2021 (unaudited) and December 31, 2020;
  F-2  Statements of Operations for the for the three and nine months ended September 30, 2021 and 2020 (unaudited);
  F-3 Consolidated Statement of Stockholders’ Equity (Deficit) for the periods ended September 30, 2021 and 2020 (unaudited);
  F-4  Consolidated Statements of Cash Flows for the nine months ended September 30, 2021 and 2020 (unaudited); and
  F-5 Notes to Consolidated Financial Statements.

 

These consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and the SEC instructions to Form 10-Q. In the opinion of management, all adjustments considered necessary for a fair presentation have been included. Operating results for the interim period ended September 30, 2021 are not necessarily indicative of the results that can be expected for the full year.

 

  4  

 

WIKISOFT CORP.

CONSOLIDATED BALANCE SHEETS

(UNAUDITED)

 

    September 30, 2021   December 31, 2020
ASSETS        
Current assets              
Cash   $ 5,326     $ 19,564
Prepaid and other current assets     711       187,500
Total current assets     6,037       207,064
               
Other assets              
Prepaid expenses - long term     187,500       —  
Total other assets     187,500       —  
               
               
Total assets   $ 193,537     $ 207,064
               
LIABILITIES AND STOCKHOLDERS' DEFICIT              
Current liabilities              
Accounts payable and accrued liabilities     192,423       137,389
Line of credit - related party     295,000       —  
Related party advances     29,626       29,626
Loans payable - related party     63,090       63,090
Total current liabilities     580,139       230,105
               
Total liabilities     580,139       230,105
               
Stockholders' deficit              
 Preferred stock;  $0.001 par value; 1,000,000 shares authorized; 0 and 0 shares issued and outstanding as of as of September 30, 2021 and December 31, 2020, respectively     —         —  
Common stock; $0.001 par value; 200,000,000 shares authorized; 92,837,376 and 104,964,265 shares issued and outstanding as of September 30, 2021 and December 31, 2020, respectively     92,839       104,966
Additional paid-in capital     11,783,842       7,232,305
 Stock payable     360,726       223,226
 Stock Receivable     (8,262 )     —  
Accumulated deficit     (12,615,747 )     (7,583,538)
Total stockholders' deficit     (386,602 )     (23,041)
               
Total liabilities and stockholders' deficit   $ 193,537     $ 207,064

 

The accompanying notes are an integral part of these unaudited consolidated financial statements.

  F-1  

 

WIKISOFT CORP.

CONSOLIDATED STATEMENTS OF OPERATIONS

(UNAUDITED)

                               
    For the Three Months Ended   For the Nine Months Ended
    September 30, 2021   September 30, 2020   September 30, 2021   September 30, 2020
                               
Revenue   $ —        $ —        $ —        $ —   
                               
Cost of revenues     —          —          —          —   
                               
Gross profit     —          —          —          —   
                               
Operating expenses                              
Professional fees     4,534,832       132,431       4,775,223       1,690,142
Product development     —         6,000       —         6,000
General and administrative     84,297       10,910       253,651       19,312
Total operating expenses     4,619,129       149,341       5,028,874       1,715,454
                               
Loss from operations     (4,619,129 )     (149,341 )     (5,028,874 )     (1,715,454)
                               
Other expense                              
Loss on foreign currency translation     —         —         (9 )     —  
Interest expense     (1,123 )     (813 )     (3,326 )     (6,058)
Total other expense     (1,123 )     (813 )     (3,335 )     (6,058)
                               
Net loss   $ (4,620,252 )   $ (150,154 )   $ (5,032,209 )   $ (1,721,512)
                               
Net loss per common share - basic and diluted   $ (0.05 )   $ (0.00 )   $ (0.05 )   $ (0.02)
                               
Weighted average common shares outstanding     91,379,241       104,987,852       95,017,033       104,668,885

 

The accompanying notes are an integral part of these unaudited consolidated financial statements.

  F-2  

 

WIKISOFT CORP.

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT

(UNAUDITED)

                                                                       
  For the Nine Months Ended September 30, 2021
      Preferred Stock       Common Stock                                        
      Shares       Amount       Shares       Amount      

Additional 

Paid-in Capital 

      Stock Payable       Stock Receivable       Accumulated Deficit       Total Stockholders' Equity
Balance, December 31, 2020     —       $ —         104,964,265     $ 104,966     $ 7,232,305     $ 223,226     $ —       $ (7,583,538 )   $ (23,041)
Common stock issued for services     —         —         —         —         —         68,750       —         —         68,750)
Redemption of common stock for cash     —         —         (14,000,000 )     (14,000 )     13,999       —         —         —         (1)
Imputed interest     —         —         —         —         745               —         —         745
Net loss     —         —         —         —         —         —         —         (189,797 )     (189,797)
Balance, March 31, 2021     —       $ —         90,964,265     $ 90,966     $ 7,247,049     $ 291,976     $ —       $ (7,773,335 )   $ (143,344)
Common stock issued for services     —         —         25,000       25       49,475       34,375       —         —         83,875
Imputed interest     —         —         —         —         754       —         —         —         754
Net loss     —         —         —         —         —         —         —         (222,160 )     (222,160)
Balance, June 30, 2021     —       $ —         90,989,265     $ 90,991     $ 7,297,278     $ 326,351     $ —       $ (7,995,495 )   $ (280,875)
Common stock issued for services     —         —         1,686,111       1,686       4,457,703       34,375       —         —         4,493,764
Imputed interest     —         —         —         —         761       —         —         —         761
Common stock issued for cash     —         —         162,000       162       28,100       —         (8,262 )     —         20,000
Net loss     —         —         —         —         —         —         —         (4,620,252 )     (4,620,252)
Balance, September 30, 2021     —       $ —         92,837,376     $ 92,839     $ 11,783,842     $ 360,726     $ (8,262 )   $ (12,615,747 )   $ (386,602)

 

 

 

 

  For the Nine Months Ended September 30, 2020
      Preferred Stock       Common Stock                                        
      Shares       Amount       Shares       Amount       Additional Paid-in Capital        Stock Payable       Stock Receivable       Accumulated Deficit       Total Stockholders' Equity
Balance, December 31, 2019     —       $ —         104,425,830     $ 104,426     $ 5,373,328     $ 223,226     $ —       $ (5,629,241 )   $ 71,739
Cash received for stock payable     —         —         —         —         —         868       —         —         868
Net loss     —         —         —         —         —         —         —         (21,977 )     (21,977)
Balance, March 31, 2020     —       $ —         104,425,830     $ 104,426     $ 5,373,328     $ 224,094     $ —       $ (5,651,218 )   $ 50,630
Common stock issued for cash     —         —         3,000       3       4,251       (868 )     —         —         3,386
Common stock issued for services     —         —         505,500       506       1,507,494       —         —         —         1,508,000
Imputed Interest     —         —         —         —         240       —         —         —         240
Net loss     —         —         —         —         —         —         —         (1,549,381 )     (1,549,381)
Balance, June 30, 2020     —       $ —         104,934,330     $ 104,935     $ 6,885,313     $ 223,226     $ —       $ (7,200,599 )   $ 12,875
Common stock issued for cash     —         —         79,000       79       345,420       —         —         —         345,499
Common stock issued for services     —         —         (49,065 )     (49 )     49       —         —         —         —  
Imputed Interest     —         —         —         —         762       —         —         —         762
Net loss     —         —         —         —         —         —         —         (150,154 )     (150,154)
Balance, September 30, 2020     —       $ —         104,964,265     $ 104,965     $ 7,231,544     $ 223,226     $ —       $ (7,350,753 )   $ 208,982

 

 

The accompanying notes are an integral part of these unaudited consolidated financial statements.

  F-3  

 

WIKISOFT CORP.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(UNAUDITED) 

               
    For the Nine Months Ended
    September 30, 2021   September 30, 2020
Cash Flows from Operating Activities              
Net loss   $ (5,032,209 )   $ (1,721,512)
Adjustments to reconcile net loss to net cash used in operating activities:              
Stock based compensation     4,646,389       1,595,686
Imputed interest     2,260       1,002
Changes in assets and liabilities              
Decrease in prepaid assets     (711 )     —  
Increase in accounts payable     55,034       13,943
Net cash used in operating activities     (329,237 )     (110,881)
               
Cash Flows from Investing Activities              
Net cash used in investing activities     —         —  
               
Cash Flows from Financing Activities              
Proceeds from Loans payable - related party     —         45,215
Payment of Loans payable - related party     —         (6,243)
Proceeds from related party advances     1,909       —  
Payment of related party advances     (1,909 )     —  
Stock redemption for cash     (1 )     —  
Related party line of credit     295,000       —  
Proceeds from sale of common stock     20,000       4,254
Net cash from financing activities     314,999       43,226
               
Net increase (decrease) in Cash     (14,238 )     (67,655)
               
Beginning cash balance     19,564       131,605
               
Ending cash balance   $ 5,326     $ 63,950
               
Supplemental disclosure of cash flow information              
Cash paid for interest   $ —       $ —  
Cash paid for tax   $ —       $ —  
               
               
SUPPLEMENTARY DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:              
Shares issued for prepaid services   $ —       $ 257,813

 

The accompanying notes are an integral part of these unaudited consolidated financial statements.

  F-4  

 

WIKISOFT CORP.

NOTES TO FINANCIAL STATEMENTS

 

 1. ORGANIZATION AND NATURE OF BUSINESS

Organization

WikiSoft Corp. (“we”, “our”, the "Company") was incorporated in the state of Nevada in May 1998 as Sensor Technologies Inc. 

 

Nature of operations

The Company is a wiki portal for businesses. Built on MediaWiki software, the new portal, called wikiprofile.com, is expected to eventually be the largest in the wiki platform with over 328 million published articles and profiles on companies, top brands, and corporate influencers. Users will be able to freely search the portal and all content will eventually be collected, updated and fact-checked in real-time. The Company will generate revenue through paid advertisement placements imbedded in the webpages associated with wikiprofile.com.

 

2. SUMMARY OF SIGNIFICANT POLICIES

  

Basis of Presentation and Principles of consolidation

The accompanying consolidated financial statements represent the results of operations, financial position and cash flows of the Company prepared on the accrual basis of accounting and conform to accounting principles generally accepted in the United States of America. The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. – On March 31, 2019, the Company, a Nevada corporation, entered into an Agreement and Plan of Merger with WikiSoft DE, a Delaware corporation, and WikiSoft Acquisition, Inc., a Delaware corporation. WikiSoft Acquisition, Inc. merged with and into WikiSoft DE (the “Merger”) on April 30, 2019, with the filing of Articles of Merger with the Delaware Secretary of State. All significant inter-company transactions and balances have been eliminated.

Use of estimates

The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include estimates used to review the Company’s, impairments and estimations of long-lived assets, revenue recognition of Contract based revenue, allowances for uncollectible accounts, and the valuations of non-cash capital stock issuances. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable in the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources.  Actual results may differ from these estimates under different assumptions or conditions.

 

Fair value of financial instruments

The carrying value of cash, accounts payable and accrued expenses, and debt approximate their fair values because of the short-term nature of these instruments. Management believes the Company is not exposed to significant interest or credit risks arising from these financial instruments.

 

Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value maximize the use of observable inputs and minimize the use of unobservable inputs. The Company utilizes a fair value hierarchy based on three levels of inputs, of which the first two are considered observable and the last unobservable.

 

  F-5  

 

Level 1 -

Quoted prices in active markets for identical assets or liabilities. These are typically obtained from real-time quotes for transactions in active exchange markets involving identical assets.

 

Level 2 -

Quoted prices for similar assets and liabilities in active markets; quoted prices included for identical or similar assets and liabilities that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets. These are typically obtained from readily-available pricing sources for comparable instruments.

 

Level 3 - Unobservable inputs, where there is little or no market activity for the asset or liability. These inputs reflect the reporting entity’s own beliefs about the assumptions that market participants would use in pricing the asset or liability, based on the best information available in the circumstances.

 

Revenue Recognition

The Company recognizes revenue in accordance with ASC Topic 606. The accounting policy on revenue recognition is provided below.

 

Service Contracts

The company recognizes service contract revenue over time, as performance obligations are satisfied, due to the continuous transfer of control to the customer. Service contracts are generally accounted for as a single unit of account (a single performance obligation) and are not segmented between types of services. The company recognizes revenue based primarily on contract cost incurred to date compared to total estimated contract cost (an input method). The input method is the most faithful depiction of the company’s performance because it directly measures the value of the services transferred to the customer. Changes to total estimated contract cost or losses, if any, are recognized in the period in which they are determined as assessed at the contract level. Pre-contract costs are expensed as incurred unless they are expected to be recovered from the client. Project mobilization costs are generally charged to project costs as incurred when they are an integrated part of the performance obligation being transferred to the client. Customer payments on service contracts are typically due in advance, depending on the contract.

 

For service contracts in which the company has the right to consideration from the customer in an amount that corresponds directly with the value to the customer of the company’s performance completed to date, revenue is recognized when services are performed and contractually billable. Service contracts that include multiple performance obligations are segmented between types of services. For contracts with multiple performance obligations, the company allocates the transaction price to each performance obligation using an estimate of the stand-alone selling price of each distinct service in the contract. Revenue recognized on service contracts that have not been billed to clients is classified as a current asset under contract assets on the Consolidated Balance Sheet. Amounts billed to clients in excess of revenue recognized on service contracts to date are classified as a current liability under contract liabilities. Customer payments on service contracts are typically due within 30 days of billing, depending on the contract.

 

Cash and cash equivalents

For purposes of the statements of cash flows, the Company considers all highly liquid investments and short-term debt instruments with original maturities of six months or less to be cash equivalents. There was $5,326 and $19,564 in cash and no cash equivalents as of September 30, 2021 and December 31, 2020, respectively.

  

Stock-based compensation

The Company follows the guidelines in FASB Codification Topic ASC 718-10 “Compensation-Stock Compensation,” which requires companies to measure the cost of employee services received in exchange for an award of an equity instrument based on the grant-date fair value of the award. Stock-based compensation expense is recognized on a straight-line basis over the requisite service period. The Company accounts for non-employee share-based awards in accordance with FASB ASC 505-50 under which the awards are valued at the earlier of a commitment date or upon completion of the services, based on the fair value of the equity instruments, and are recognized as expense over the service period.

 

  F-6  

 

Earnings (loss) per share

The Company reports earnings (loss) per share in accordance with Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) 260-10 “Earnings Per Share,” which provides for calculation of “basic” and “diluted” earnings per share. Basic earnings per share includes no dilution and is computed by dividing net income or loss available to common stockholders by the weighted average common shares outstanding for the period. Diluted earnings per share reflect the potential dilution of securities that could share in the earnings of an entity. The calculation of diluted net loss per share gives effect to common stock equivalents; however, potential common shares are excluded if their effect is anti-dilutive.

 

Long-lived Assets

In accordance with the Financial Accounting Standards Board ("FASB") Accounts Standard Codification (ASC) ASC 360-10, "Property, Plant and Equipment," the carrying value of intangible assets and other long-lived assets is reviewed on a regular basis for the existence of facts or circumstances that may suggest impairment. The Company recognizes impairment when the sum of the expected undiscounted future cash flows is less than the carrying amount of the asset. Impairment losses, if any, are measured as the excess of the carrying amount of the asset over its estimated fair value.

 

Income taxes 

The Company accounts for its income taxes in accordance with FASB Codification Topic ASC 740-10, “Income Taxes”, which requires recognition of deferred tax assets and liabilities for future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and tax credit carry-forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. 

 

Recently issued accounting pronouncements 

The Company has evaluated all other recent accounting pronouncements and believes that none of them are expected to have a material effect on the Company's financial position, results of operations or cash flows.

 

3. GOING CONCERN

 

The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities and commitments in the normal course of business.

Management evaluated all relevant conditions and events that are reasonably known or reasonably knowable, in the aggregate, as of the date the consolidated financial statements are issued and determined that substantial doubt exists about the Company’s ability to continue as a going concern. The Company’s ability to continue as a going concern is dependent on the Company’s ability to generate revenues and raise capital. The Company has not generated sufficient revenues from product sales to provide sufficient cash flows to enable the Company to finance its operations internally. As of September 30, 2021, the Company had $5,326 cash on hand. At September 30, 2021 the Company has an accumulated deficit of $12,615,747. For the nine months ended September 30, 2021, the Company had a net loss of $5,032,209, and net cash used in operations of $329,239. These factors raise substantial doubt about the Company’s ability to continue as a going concern within one year from the date of filing.

Over the next twelve months management plans to use borrowings and security sales to mitigate the effects of cash flow deficits; however, no assurance can be given that debt or equity financing, if and when required, will be available. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets and classification of liabilities that might be necessary should the Company be unable to continue existence.

  

  F-7  

 

4. RELATED PARTY TRANSACTIONS

 

Related party advances

As of September 30, 2021 and December 31, 2020, the Company had amounts due to Fastbase Inc, a company controlled by a prior board member of the Company, of $29,626 and $29,626, respectively. During the nine month ended September 30, 2021 and 2020, the Company received additional advances in the amounts of $1,909 and $0, respectively, and the Company made payments on the advances in the amounts of $1,909 and $0, respectively. 

 

Loans payable - related party

On June 1, 2020 the company entered into a loan agreement with Fastbase Inc, a company controlled by a prior board member of the Company, in the amount of $30,215. The amount bears no interest and is due upon request.

 

On September 1, 2020 the company entered into a loan agreement with Fastbase Inc, a company controlled by a prior board member of the Company, in the amount of $15,000. The note bears an interest rate of 4.25% and is due on September 1, 2022.

 

On October 24, 2020 the company entered into a loan agreement with Fastbase Inc, a company controlled by a prior board member of the Company, in the amount of $7,875. The note bears an interest rate of 4.25% and is due on January 1, 2023.

 

On December 3, 2020 the company entered into a loan agreement with Fastbase Inc, a company controlled by a prior board member of the Company, in the amount of $10,000. The note bears an interest rate of 4.25% and is due on January 1, 2023.

 

As of September 30, 2021 and December 31, 2020, the Company had loans due to related parties of $63,090 and 63,090, respectively. Interest expense related to related party loans was $3,305 and $0 for the nine months ending September 30, 2021 and 2020, respectively, of which $2,260 was imputed interest and recorded against additional paid in capital for the period ended September 30, 2021 .

  

Line of credit – related party

On December 30, 2020 the company entered into a $1,000,000 revolving note agreement with it majority shareholder. The note carries and 0.01% interest rate and is due on the later of the date the Company has the funds to repay the note or 24 months. During the nine months ended September 30, 2021, the Company borrowed $295,000 under the revolving note. As of September 30, 2021 and December 31, 2020, the note had a balance of $295,000 and $0, respectively. Interest expense related to the line of credit was $21 and $0 for the nine months ending September 30, 2021 and 2020, respectively.

 

5. STOCKHOLDERS’ EQUITY

  

The Company’s authorized capital stock consists of 200,000,000 shares of common stock and 1,000,000 shares of preferred stock, par value $0.001 per share. As of September 30, 2021 and December 31, 2020, there were 92,837,376 and 104,964,265 shares of common stock issued and outstanding, respectively.

 

As of September 30, 2021 and December 31, 2020, there were 0 and 0 shares of preferred stock of the Company issued and outstanding, respectively. 

 

Common Stock issuances during the nine months ending September 30, 2021

 

On February 18, 2021, the Company entered into a Stock Redemption Agreement (the “Redemption Agreement”) with Saqoia, Inc. (“SI”), an entity which is owned and controlled by Rasmus Refer. Pursuant to the Redemption Agreement, the Company agreed to purchase, and SI agreed to sell, 14,000,000 shares (the “Shares”) of the Company’s common stock held by SI to the Company in exchange for $1.00, with the shares then being returned to the Company’s authorized, but unissued shares of common stock.

 

  F-8  

 

On May 10, 2021 the Company entered into a Common Stock Purchase agreement to sell up to $20,000,000 of the Company’s common stock. Per the agreement the Company may deliver purchase notices to the investor, requiring the purchase of a number of shares. The purchase price is 85% of the lowest daily VWAP of the Common Stock during the 5 business days after shares have been received by the investor. Upon the Investor purchasing $5,000,000 increases to 90% of the lowest daily VWAP of the Common Stock during the 5 business days after shares have been received by the investor. The commitment period of the purchase agreement ends on either the earlier of purchase by the investor of $20,000,000 worth of purchase notice shares or December 31, 2022.

 

On June 8, 2021 the Company issued 25,000 shares of the Company’s $0.001 par value common stock for services. The shares were valued on the date of issuance at $1.98 per share or $49,500.

 

On June 8, 2021 the Company entered into a Common Stock Purchase agreement to sell 500,000 shares of its common stock for cash proceeds of $750,000 or $1.50 per share, pending a Registration Statement being declared effective. On August 17, 2021 the agreement was amended to change the purchase amount to $1,000,000 and the purchase price to 85% of the lowest daily VWAP of the Common Stock during the 5 business days after shares have been received by the investors custodian.

 

On August 6, 2021 the Company issued 50,000 shares of the Company’s $0.001 par value common stock for services. The shares were valued on the date of issuance at $2.46 per share or $123,000.

 

On August 19, 2021 the Company issued 25,000 shares of the Company’s $0.001 par value common stock for services. The shares were valued on the date of issuance at $0.90 per share or $22,500.

 


On September 10, 2021, the Company issued 1,500,000 shares of the Company’s $0.001 par value common stock for services . The shares were valued on the date of issuance at $2.75 per share or $4,125,000.
 

 

On September 14, 2021 the Company issued 111,111 shares of the Company’s $0.001 par value common stock for services. The shares were valued on the date of issuance at $1.70 per share or $188,889.

 

During the nine months ended September 30, 2021, the Company entered into an employment agreement in which it granted 100,000 shares of common stock. The shares were valued on the date of issuance at $2.75 per share valued at $137,500. and vest and are issuable on September 30, 2022. As of September 30, 2021, the shares have not been issued and have been included in Stock payable. .

 

6.    SUBSEQUENT EVENTS

  

In accordance with ASC Topic 855-10, the Company has analyzed its operations subsequent to September 30, 2021 to the date these financial statements were available to be issued and has determined that it does not have any material subsequent events to disclose in these financial statements.

 

  F-9  

 

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

 

Forward-Looking Statements

 

Certain statements, other than purely historical information, including estimates, projections, statements relating to our business plans, objectives, and expected operating results, and the assumptions upon which those statements are based, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements generally are identified by the words “believes,” “project,” “expects,” “anticipates,” “estimates,” “intends,” “strategy,” “plan,” “may,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. We intend such forward-looking statements to be covered by the safe-harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and are including this statement for purposes of complying with those safe-harbor provisions. Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties which may cause actual results to differ materially from the forward-looking statements. Our ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Factors which could have a material adverse effect on our operations and future prospects on a consolidated basis include but are not limited to: changes in economic conditions, legislative/regulatory changes, availability of capital, interest rates, competition, and generally accepted accounting principles. These risks and uncertainties should also be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Further information concerning our business, including additional factors that could materially affect our financial results, is included herein and in our other filings with the SEC.

 

Business Overview

 

Wikisoft Corp. has a vision to become one of the largest portals of information for businesses. Our portal, which initially launched in January 2018, is called wikiprofile.com and seeks to provide profiles on companies and business people. Information contained on, or accessible through, the foregoing website is not a part of, and is not incorporated by reference into, this Quarterly Report.

 

Although our website portal is currently operational relaunched in its beta form launched June 1, 2021. At this time we are focused on developing the website with new features and functionalities. Our developers are based in India and Denmark.

 

Users are able to freely search the portal and all content are collected and updated in real-time. Our platform is developed on multiple Postgres databases that provides the foundation for our Wikiprofile platform. The scalable Jamstack microservice architecture aims to remove the load pressure from a server-oriented focus and utilizes the resources on various browsers to deliver a user experience with modern well performing page speed due to architecture. The architecture is designed to make the web faster, more secure, and easier to scale. Using proprietary crawler technology, the databases automatically collect information on newly found entities, seeking to have a complete database.

 

We plan to generate revenues primarily from premium profiles and recruiting on our website. We also further plan to generate revenues by charging users of our website platform for access to certain information and features on our platform.

 

Plan of Operations

 

For the 2021 fiscal year, we expect to require a minimum of $500,000 in operating funds. The source of such funds is anticipated to be from capital raised from third parties. The founder Rasmus Refer, who owns 7.7% of the Company’s issued and outstanding common stock as of the date of this report, pursuant to a Revolving Credit Facility Agreement (the “Credit Agreement”) between him and the Company, dated December 30, 2020, has agreed to make unsecured loans and extensions of credit available to the Company of up to $1,000,000, as requested by the Company under the Credit Agreement, to implement the Company’s plan of operations if we are unable to raise sufficient funds from other sources.

 

  5  

 

 

The Purchase Agreements between the Company and White Lion Capital and Triton Funds has been declared effective by the SEC.

 

If we are able to raise funds from third parties exceeding $500,000, we plan to accelerate our plan of operations as much as possible consistent with the amount of funds raised and the Company’s strategy.

 

Through the third quarter of 2021, the Company has completed the following:

 

Redemption Agreement

 

On February 18, 2021, the Company entered into a Stock Redemption Agreement (the “Redemption Agreement”) with Saqoia, Inc. (“SI”), an entity which is owned and controlled by Rasmus Refer. Pursuant to the Redemption Agreement, the Company agreed to purchase, and SI agreed to sell, 14,000,000 shares (the “Shares”) of the Company’s common stock held by SI to the Company in exchange for $1.00, with the Shares then being returned to the Company’s authorized, but unissued shares of common stock. Rasmus Refer was previously the Chief Executive Officer of the Company from April 2019 to August 2020 and Director of the Company from April 2019 to November 2020. Prior to the Redemption Agreement, SI held 86,895,078 shares of the Company’s common stock, and after the Redemption Agreement, SI held 72,895,078 shares of the Company’s common stock of which Mr. Refer has voting and dipositive power.

 

On July 8, 2021, SI agreed to donate its 72,895,078 shares of common stock in our company to Modern Art Foundation Inc. Mr. Refer now currently holds 3,500,000 shares of our common stock in his own name, and 3,500,000 shares held by Wikisoft Holdings, of which he has voting and dipositive power.

 

Investor Website

 

The Company investor relations website www.wikisoft.com launched on February 22, 2021 intends to provide transparency and disclosure about our Company consistent with the information disclosed in our filings with the Securities and Exchange Commission. The company has started to collect permissions and subscribers to communicate company updates with interested parties. The information on our website is not made part of this Quarterly Report.

 

Purchase Agreement with White Lion Capital, LLC

 

The Purchase Agreement signed on May 10th provides that the Company has the right, but not the obligation to cause White Lion Capital, LLC to purchase up to $20,000,000 (the "Commitment Amount") of the Company's common stock, from time to time, during the commitment period, which starts on the date of execution of the Purchase Agreement and terminates on the earlier of, the date where the Commitment Amount is purchased or December 31, 2022, at a purchase price as set forth in the Purchase Agreement.

 

The Company intends to use the net proceeds from the Purchase Agreement for the expansion of working capital and other general corporate purposes in accordance with its business strategy. The Company filed a Form S-1 with the SEC on July 30th. The SEC declared it effective on Aug 6th 2021. The first purchase notice has been sent to White Lion Capital and cash for the shares received.

 

Subsequently, on November 4, 2021, the Company and White Lion amended the Purchase Agreement to remove the Floor Price of $0.25, such that the Company may put amounts to White Lion in accordance with the Purchase Agreement even where the price of the Company’s common stock falls below $0.25.

 

As a result of the amendment, the Company plans to file an amendment of its Form S-1with the SEC.

 

  6  

 

 

Purchase Agreement with Triton funds, LP

 

On June 8, 2021, the Company entered into a Common Stock Purchase Agreement (the “CSPA”) with Triton Funds, LP, a Delaware limited partnership (“Triton Funds”), an unrelated third party. Subject to the terms and conditions set forth in the amended CSPA.

 

The Company and TRITON FUNDS previously entered into the Original Agreement, pursuant to which, TRITON FUNDS agreed to purchase Seven Hundred and Fifty Thousand Dollars ($750,000) worth of shares of the Company’s common stock after a Registration Statement is declared effective by the Securities and Exchange Commission (the “SEC”) at a fixed price of $1.50 per share.

Pursuant to the Amended Purchase Agreement, TRITON FUNDS agreed to purchase One Million Dollars ($1,000,000) worth of shares of the Company’s common stock, in tranches of up to $100,000, after a Registration Statement is declared effective by the SEC at purchase price equal to 85% of the lowest daily Volume Weighted Average Price of the Company’s common stock five (5) business days prior to each closing.

The SEC declared it effective on Aug 27th 2021. The first purchase notice has been sent to Triton Funds and cash for the shares received.

 

Wikiprofile

 

Wikisoft’s flagship website wikiprofile.com was redesigned and launched in a beta version on June 1st. Test of the beta site and a stabilization period has commenced. New features and improvements have been implemented in Q3 which include but are not limited to: Improved sign-up process with an automatic look-up to make it easy to join the platform free of charge, Advanced filtering options and search algorithm to give more relevant results. During the quarter we have had continuous growth of business profiles and the total number of profiles exceeds 175 million. The number include claimed and unclaimed company and people profiles.

Fourth Quarter of 2021

 

In this quarter we plan to further develop wikiprofile.com with new features and functionalities. IT development will utilize existing developers and additional developers will be hired if needed for crawling and frontend development of business logic and products. Marketing activities seeking to generate users and sign ups to our website platform will be commenced. The main drivers will be email, search engine marketing and Search Engine Optimization. We expect that the total cost for the foregoing activities will be an estimated amount of $150,000

 

First Quarter of 2022

In this quarter we plan to accelerate marketing activities seeking to generate users and sign ups to our website platform. The main drivers will be email, search engine marketing and Search Engine Optimization. We anticipate to: (i) hire additional developers and/or a marketing manager to support business needs; and (ii) further develop of our platform with new features. We expect that the total cost for the foregoing activities will be an estimated amount of $150,000.

 

Second Quarter of 2022

In this quarter we plan to continue to further develop of our platform with new features. By further leveraging artificial intelligence (“AI”) and machine learning techniques (“ML”), we expect that we will be able to process raw data and refine them into unique and actionable insights in the wiki universe. We anticipate that our primary source of acquiring customers will be through Email Marketing, Search Engine Optimization & Search Engine Marketing. We expect that the total cost for the foregoing activities will be an estimated amount of $200,000.

If we are able to raise funds from third parties exceeding $500,000, we plan to accelerate our plan of operations as much as possible consistent with the amount of funds raised and the Company’s strategy.

Achievement of the foregoing plan of operations will depend highly on our funds and the availability of those funds and accordingly there can be no assurance that we can implement the foregoing as planned or at all.

 

  7  

 

 

 Results of Operation for Three and Nine Months Ended September 30, 2021 and 2020

 

Revenues

 

We earned no revenues for the three and nine months ended September 30, 2021 or 2020. We hope to generate revenues in the remainder 2021 and into 2022, but we will need financing to maximize our earning potential.

 

Operating Expenses

 

Operating expenses increased from $149,341 for the quarter ended September 30, 2020 to $4,619,129 for the quarter ended September 30, 2021. Operating increased from $1,715,454 for the nine months ended September 30, 2020 to $5,028,874 for the nine months ended September 30, 2021. The main reason for the increase in operating expenses for the 2021 periods was considerably more spent on professional fees over the same periods in 2020. We issued stock for services in the amount of $4,646,389, and that resulted in the bulk of the increased operating expenses. Also, general and administrative expenses increased for the 2021 periods over the 2020 periods.

 

We anticipate our operating expenses will increase as we undertake our plan of operations. The increase will be attributable to administrative and operating costs associated with our business activities and the professional fees associated with our reporting obligations.

 

Other Expenses

 

We incurred insignificant amounts as interest expense for the three and nine months ended September 30, 2021 and 2020.

 

Net Loss

 

We incurred a net loss of $4,620,252 for the quarter ended September 30, 2021, compared to a net loss of $150,154 for the quarter ended September 30, 2020. We incurred a net loss of $5,032,209 for the nine months ended September 30, 2021, compared to a net loss of $1,721,512 for the nine months ended September 30, 2020.

  

Liquidity and Capital Resources

 

As of September 30, 2021, we had total current assets of $6,037 and total current liabilities of $580,139. We had working capital deficit of $574,102 as of September 30, 2021.

 

Net cash used in operating activities was $329,237 for the nine months ended September 30, 2021, as compared with $110,881 in cash for the same period ended 2020. Our net losses were the main contributing factor to our negative operating cash flows.

 

Financing activities provided $314,999 in cash for the nine months ended September 30, 2021, as compared with $43,226 in cash provided for the same period ended 2020. The majority of cash provided in 2021 was from a related party line of credit. The majority of cash provided in 2020 was proceeds from related party advances.

 

Going Concern

 

We have evaluated all relevant conditions and events that are reasonably known or reasonably knowable, in the aggregate, as of the date the consolidated financial statements are issued and determined that substantial doubt exists about the Company’s ability to continue as a going concern. The Company’s ability to continue as a going concern is dependent on the Company’s ability to generate revenues and raise capital. The Company has not generated sufficient revenues from product sales to provide sufficient cash flows to enable the Company to finance its operations internally. As of September 30, 2021, the Company had $5,326 cash on hand. At September 30, 2021 the Company has an accumulated deficit of $12,615,747. For the nine months ended September 30, 2021, the Company had a net loss of $5,032,209, and net cash used in operations of $329,239. These factors raise substantial doubt about the Company’s ability to continue as a going concern within one year from the date of filing.

 

  8  

 

 

Over the next twelve months management plans to use borrowings and security sales to mitigate the effects of cash flow deficits; however, no assurance can be given that debt or equity financing, if and when required, will be available. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets and classification of liabilities that might be necessary should the Company be unable to continue existence.

 

Future Financings.

 

Because of our limited operating history, it is difficult to predict our capital needs on a monthly, quarterly or annual basis. We will have no capital available to us if we are unable to raise money or find alternate forms of financing, which we do not have in place at this time other than the “Credit Agreement” with Rasmus Refer. Pursuant to the Credit Agreement dated December 30, 2020, Mr. Refer has agreed to make unsecured loans and extensions of credit available to the Company of up to $1,000,000, as requested by the Company under the Credit Agreement, to implement the Company’s plan of operations if we are unable to raise sufficient funds from other sources. The funds extended to the Company under the Credit Agreement will have a maturity date of 24 months and will carry interest at 0.01% per annum. The Company may prepay the funds at any time without penalty. To date $120,000 has been provided to the Company under the Credit Agreement.

 

There can be no assurance that we will be successful in raising additional funding. If we are not able to secure additional funding, the implementation of our business plan will be impaired. There can be no assurance that such additional financing will be available to us on acceptable terms or at all. If we are unable to raise this money, our growth plans will be frustrated. There can be no assurance that our attempts to raise funds will be successful. You may lose your entire investment.

 

Critical Accounting Policies.

 

In December 2001, the SEC requested that all registrants list their most “critical accounting polices” in the Management Discussion and Analysis. The SEC indicated that a “critical accounting policy” is one which is both important to the portrayal of a company’s financial condition and results, and requires management’s most difficult, subjective or complex judgments, often as a result of the need to make estimates about the effect of matters that are inherently uncertain. Our critical accounting policies are disclosed Note 2 of our unaudited financial statements included in this Quarterly Report on Form 10-Q.

 

Off-Balance Sheet Arrangements

 

We have no significant off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to stockholders.

 

Recently Issued Accounting Pronouncements

 

The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

 

Item 3. Quantitative and Qualitative Disclosures About Market Risk

 

A smaller reporting company is not required to provide the information required by this Item.

 

Item 4. Controls and Procedures

 

Disclosure Controls and Procedures

 

We conducted an evaluation, with the participation of our Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended, or the Exchange Act, as of September 30, 2020, to ensure that information required to be disclosed by us in the reports filed or submitted by us under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Securities Exchange Commission’s rules and forms, including to ensure that information required to be disclosed by us in the reports filed or submitted by us under the Exchange Act is accumulated and communicated to our management, including our principal executive and principal financial officer, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure. Based on that evaluation, our Chief Executive Officer and Chief Financial Officer have concluded that as of September 30, 2021, our disclosure controls and procedures were not effective at the reasonable assurance level due to the material weaknesses identified and described below.

 

  9  

 

 

 Our principal executive officers do not expect that our disclosure controls or internal controls will prevent all error and all fraud. Although our disclosure controls and procedures were designed to provide reasonable assurance of achieving their objectives and our principal executive officers have determined that our disclosure controls and procedures are effective at doing so, a control system, no matter how well conceived and operated, can provide only reasonable, not absolute assurance that the objectives of the system are met. Further, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs. Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within the Company have been detected. These inherent limitations include the realities that judgments in decision-making can be faulty, and that breakdowns can occur because of simple error or mistake. Additionally, controls can be circumvented if there exists in an individual a desire to do so. There can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions.

 

Remediation Plan to Address the Material Weaknesses in Internal Control over Financial Reporting

 

A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of our annual or interim financial statements will not be prevented or detected on a timely basis. Management identified the following three material weaknesses that have caused management to conclude that, as of September 30, 2021, our disclosure controls and procedures, and our internal control over financial reporting, were not effective at the reasonable assurance level:

 

1. We do not have written documentation of our internal control policies and procedures. Written documentation of key internal controls over financial reporting is a requirement of Section 404 of the Sarbanes-Oxley Act as of the period ending September 30, 2021. Management evaluated the impact of our failure to have written documentation of our internal controls and procedures on our assessment of our disclosure controls and procedures and has concluded that the control deficiency that resulted represented a material weakness.
2. We do not have sufficient segregation of duties within accounting functions, which is a basic internal control. Due to our size and nature, segregation of all conflicting duties may not always be possible and may not be economically feasible. However, to the extent possible, the initiation of transactions, the custody of assets and the recording of transactions should be performed by separate individuals. Management evaluated the impact of our failure to have segregation of duties on our assessment of our disclosure controls and procedures and has concluded that the control deficiency that resulted represented a material weakness.
3. Effective controls over the control environment were not maintained. Specifically, a formally adopted written code of business conduct and ethics that governs our employees, officers, and directors was not in place. Additionally, management has not developed and effectively communicated to employees its accounting policies and procedures. This has resulted in inconsistent practices. Further, our Board of Directors does not currently have any independent members and no director qualifies as an audit committee financial expert as defined in Item 407(d)(5)(ii) of Regulation S-K. Since these entity level programs have a pervasive effect across the organization, management has determined that these circumstances constitute a material weakness.

 

To address these material weaknesses, management performed additional analyses and other procedures to ensure that the financial statements included herein fairly present, in all material respects, our financial position, results of operations and cash flows for the periods presented. Accordingly, we believe that the financial statements included in this report fairly present, in all material respects, our financial condition, results of operations and cash flows for the periods presented.

 

We intend to remedy our material weakness with regard to insufficient segregation of duties by hiring additional employees in order to segregate duties in a manner that establishes effective internal controls once resources become available.

 

 Changes in Internal Control over Financial Reporting

 

No change in our system of internal control over financial reporting occurred during the period covered by this report, the period ended September 30, 2021, that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

 

  10  

 

 

PART II – OTHER INFORMATION

 

Item 1. Legal Proceedings

 

We are not a party to any pending legal proceeding. We are not aware of any pending legal proceeding to which any of our officers, directors, or any beneficial holders of 5% or more of our voting securities are adverse to us or have a material interest adverse to us.

 

Item 1A: Risk Factors

 

See risk factors included in our Annual Report on Form 10-K for the year ended December 31, 2020 filed on March 29, 2021.

 

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

 

The information set forth below relates to our issuances of securities without registration under the Securities Act of 1933.

 

During the nine months ended September 30, 2021, the Company entered into an employment agreement in which it granted 100,000 shares of common stock. As of September 30, 2021, the shares have not been issued and have been included in stock payable.

 

On September 10, 2021, the Company issued 1,500,000 shares of common stock for services . The shares were valued on the date of issuance at $2.75 per share or $4,125,000.

 

On September 10, 2021 the Company issued 111,111 shares of the Company’s $0.001 par value common stock for services. The shares were valued on the date of issuance at $1.70 per share or $188,889.

 

These securities were issued pursuant to Section 4(2) of the Securities Act and/or Rule 506 promulgated thereunder. The holders represented their intention to acquire the securities for investment only and not with a view towards distribution. The investors were given adequate information about us to make an informed investment decision. We did not engage in any general solicitation or advertising. We directed our transfer agent to issue the stock certificates with the appropriate restrictive legend affixed to the restricted stock.

 

Item 3. Defaults upon Senior Securities

 

None

 

Item 4. Mine Safety Disclosures

 

None

 

Item 5. Other Information

 

On October 3, 2021, the Company and White Lion amended the Purchase Agreement (the “Amended Purchase Agreement”) to remove the Floor Price of $0.25, such that the Company may put amounts to White Lion in accordance with the Purchase Agreement even when the price of the Company’s common stock falls below $0.25 or any other amount.

 

The foregoing description of the Amended Purchase Agreement Amendment does not purport to be complete and is qualified in its entirety by reference to such agreement, which is filed as Exhibit 2.1 hereto and is incorporated herein by reference.

 

  11  

 

 

Item 6. Exhibits

 

Exhibit Number   Description of Exhibit
     
2.1   Amendment No. 1 to Common Stock Purchase Agreement
31.1**   Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2**   Certification of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1**   Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101**   The following materials from the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 formatted in Extensible Business Reporting Language (XBRL).
     
    **Provided herewith

 

  12  

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

Wikisoft Corp.  
   
Date: November 10, 2021  
     
By: /s/ Carsten Falk  
  Carsten Falk  
Title: Chief Executive Officer (principal executive, accounting, and financial officer)  

 

  13  

 

EXHIBIT 31.1

 

CERTIFICATIONS

 

I, Carsten Kjems Falk, certify that:

 

1. I have reviewed this Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2021 of Wikisoft Corp.;
   
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
   
3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
   
4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f) for the registrant and have:
   
  a. designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
     
  b. designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
     
  c. evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
     
  d. disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and;
     
5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions);
   
  a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
     
  b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal controls.

 

Dated: November 10, 2021   /s/ Carsten Kjems Falk  
    Carsten Kjems Falk  
    Chief Executive Officer  
   

(principal executive officer,

principal financial and accounting officer)

 

  

  14  

 

 

EXHIBIT 31.2

CERTIFICATIONS

 

 

I, Carsten Kjems Falk, certify that;

 

1.   I have reviewed this Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 of Wikisoft Corp. (the “registrant”);

 

2.   Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3.   Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

 

4.   The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

 

a.   Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

b.   Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

c.   Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

d.   Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5.   The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

a.   All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

 

b.   Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date: November 10, 2021

 

/s/ Carsten Kjems Falk

By: Carsten Kjems Falk

Title: Chief Financial Officer 

 

  15  

 

 

EXHIBIT 32.1

 

CERTIFICATION

PURSUANT TO 18 U.S.C. SECTION 1350 AS ADOPTED

PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

 

In connection with the Quarterly Report on Form 10-Q of Wikisoft Corp. (the “Company”) for the fiscal quarter ended September 30, 2021 as filed with the Securities and Exchange Commission (the “Report”), I, Carsten Kjems Falk, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to the best of my knowledge:

 

1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
   
2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

  

Dated: November 10, 2021   /s/ Carsten Kjems Falk  
    Carsten Kjems Falk  
    Chief Executive Officer  
   

(principal executive officer,

principal financial and accounting officer)

 

 

 

This certification accompanies this Quarterly Report on Form 10-Q pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and shall not, except to the extent required by such Act, be deemed filed by the Company for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Such certification will not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except to the extent that the Company specifically incorporates it by reference.   

 

  16  

 

 

25

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 10-Q/A

 

  [X] Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

For the quarterly period ended September 30, 2021

 

  [] Transition Report pursuant to 13 or 15(d) of the Securities Exchange Act of 1934

 

For the transition period from __________ to__________

 

Commission File Number: 000-56239

 

Wikisoft Corp.

(Exact name of registrant as specified in its charter)

 

Nevada   35-2675388
(State or other jurisdiction of
incorporation or organization)
  (IRS Employer
Identification No.)

 

315 Montgomery Street

San Francisco, CA 94104

(Address of principal executive offices)

 

800-706-0806

(Registrant’s telephone number)

 

(Former name, former address and former fiscal year, if changed since last report)

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

[X] Yes [  ] No

 

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). [X] Yes [  ] No

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company.

 

  Large accelerated filer   Accelerated filer
  Non-accelerated Filer Smaller reporting company
    Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). [ ] Yes [X] No

 

Securities registered pursuant to Section 12(b) of the Act: None

 

State the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: 93,507,376 common shares as of November 1, 2021

  17  

 

 

EXPLANATORY NOTE

 

Wikisoft Corp. (the “Company”) is filing this Amendment No. 1 (this “Amendment”) to its Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 (the “Form 10-Q”), originally filed on November 10, 2021. This Amendment is an exhibit-only filing to include Exhibit 2.1 “Amendment No. 1 to Common Stock Purchase Agreement” that was inadvertently left out of the original Form 10-Q. In addition, as required by Rule 12b-15 under the Securities Exchange Act of 1934, as amended, new certifications by our principal executive officer and principal financial officer are filed as exhibits to this Amendment.

 

This Amendment is limited in scope to the items identified above and should be read in conjunction with the Form 10-Q. This Amendment does not reflect events occurring after the filing of the Form 10-Q and no revisions are being made to the Company’s financial statements pursuant to this Amendment. Other than the filing of the information identified above, this Amendment does not modify or update the disclosure in the Form 10-Q in any way.

 

  18  

 

 

PART II – OTHER INFORMATION

 

Item 6. Exhibits

 

Exhibit Number   Description of Exhibit
     
2.1**   Amendment No. 1 to Common Stock Purchase Agreement
31.1**   Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2**   Certification of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1**   Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101   The following materials from the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 formatted in Extensible Business Reporting Language (XBRL).
     
    **Provided herewith

 

  19  

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

Wikisoft Corp.  
   
Date: November 17, 2021  
     
By: /s/ Carsten Falk  
  Carsten Falk  
Title: Chief Executive Officer (principal executive, accounting, and financial officer)  

 

  20  

 

  

AMENDMENT NO. 1 TO COMMON STOCK PURCHASE AGREEMENT

This AMENDMENT TO COMMON STOCK PURCHASE AGREEMENT (this “Amendment”), effective as of November 4, 2021 (the “Effective Date”), is entered into by and between WIKISOFT CORP., a Nevada corporation (the “Company”), and WHITE LION CAPITAL LLC, a Nevada limited liability company (the “Investor”).

RECITALS

WHEREAS, this Amendment is being entered into with reference to that certain Common Stock Purchase Agreement, dated May 10, 2021 (the “Agreement”);

WHEREAS, the parties to the Agreement desire to amend the Agreement to remove the “Floor Price” of $0.25, such that the Company may put amounts to Investor in accordance with the Agreement even where the price of the Company’s common stock falls below $0.25 per share.

NOW, THEREFORE, in consideration of the foregoing premises, the agreements herein contained and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

Section 1.             Definitions.

Capitalized terms used herein without other definition shall have the respective meanings herein assigned to such terms in the Agreement.

Section 2.             Amendment to the Agreement.

Section 1.1 The Defined Term “Floor Price” shall be deleted in its entirety and Section 2.1 shall be replaced in its entirety with the following:

Section 2.1 PURCHASE NOTICES. Upon the terms and conditions set forth herein (including, without limitation, the provisions of Article VII), the Company shall have the right, but not the obligation, to direct the Investor, by its delivery to the Investor of a Purchase Notice from time to time, to purchase Purchase Notice Shares provided that the amount of Purchase Notice Shares shall not exceed the Purchase Notice Limit or the Beneficial Ownership Limitation set forth in Section 7.2(h). The Company may not deliver a subsequent Purchase Notice until the Closing of an active Purchase Notice, except if waived by the Investor in writing. Notwithstanding the forgoing, the Company may not submit a Purchase Notice to the Investor if the Purchase Amount is less than $20,000.

Effectiveness of Amendment.

The amendment provided in this Amendment shall be conditioned upon, and this Amendment shall not be effective until the execution and delivery of counterparts hereof by the parties hereto.

  21  

 

 

Section 3.             Miscellaneous.

3.1.          Notes Ratified. Except as expressly set forth herein, this Amendment shall not be construed to alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Agreement, all of which are hereby confirmed and ratified in all respects and shall continue in full force and effect.

3.2.          Counterparts; Facsimile Signatures. This Amendment may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed an original, but all such counterparts together shall constitute but one and the same instrument; signature pages may be detached from multiple separate counterparts and attached to a single counterpart so that all signature pages are physically attached to the same document. Facsimile signatures shall be considered originals for all purposes.

IN WITNESS WHEREOF, the parties have executed this Amendment effective as of the date first written above.

WIKISOFT CORP.

 

 

 

By: /s/ Carsten Kjerns Falk

Name: Carsten Kjems Falk

Title: Chief Executive Officer

 

 

WHITE LION CAPITAL LLC

 

 

 

By: Sam Yaffa

Name: Sam Yaffa

Title: Managing Director 

 

  22  

 

 

EXHIBIT 31.1

 

CERTIFICATIONS

 

I, Carsten Kjems Falk, certify that:

 

1. I have reviewed this Quarterly Report on Form 10-Q/A for the fiscal quarter ended September 30, 2021 of Wikisoft Corp.;
   
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
   
3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
   
4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f) for the registrant and have:
   
  a. designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
     
  b. designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
     
  c. evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
     
  d. disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and;
     
5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions);
   
  a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
     
  b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal controls.

 

Dated: November 17, 2021   /s/ Carsten Kjems Falk  
    Carsten Kjems Falk  
    Chief Executive Officer  
   

(principal executive officer,

principal financial and accounting officer)

 

 

  23  

 

 

EXHIBIT 31.2

 

CERTIFICATIONS

 

I, Carsten Kjems Falk, certify that;

 

1.   I have reviewed this Quarterly Report on Form 10-Q/A for the quarter ended September 30, 2021 of Wikisoft Corp. (the “registrant”);

 

2.   Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3.   Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

 

4.   The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

 

a.   Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

b.   Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

c.   Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

d.   Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5.   The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

a.   All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

 

b.   Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date: November 17, 2021

 

/s/ Carsten Kjems Falk

By: Carsten Kjems Falk

Title: Chief Financial Officer

 

  24  

 

 

 

EXHIBIT 32.1

 

CERTIFICATION

PURSUANT TO 18 U.S.C. SECTION 1350 AS ADOPTED

PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

 

In connection with the Quarterly Report on Form 10-Q/A of Wikisoft Corp. (the “Company”) for the fiscal quarter ended September 30, 2021 as filed with the Securities and Exchange Commission (the “Report”), I, Carsten Kjems Falk, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to the best of my knowledge:

 

1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
   
2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

  

Dated: November 17, 2021   /s/ Carsten Kjems Falk  
    Carsten Kjems Falk  
    Chief Executive Officer  
   

(principal executive officer,

principal financial and accounting officer)

 

 

 

This certification accompanies this Quarterly Report on Form 10-Q pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and shall not, except to the extent required by such Act, be deemed filed by the Company for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Such certification will not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except to the extent that the Company specifically incorporates it by reference.  

  

  25  

 

 

 

 

 

 

Wikisoft (QB) (USOTC:WSFT)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Wikisoft (QB) Charts.
Wikisoft (QB) (USOTC:WSFT)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Wikisoft (QB) Charts.