FRANKLIN MINING, INC. Disclosure Statement Pursuant to the Pink Basic Disclosure Guidelines
Franklin Mining, Inc.
215 W. Bandera Rd. #114-459
Boerne, TX 78006 866-307-4810www.franklinmining.comfranklinmining.ceo@gmail.com
SIC CODE: 1040 __________________________
Annual Report
For the Period Ending: December 31, 2021
(the "Reporting Period")
As of December 31, 2021, the number of shares outstanding of our Common Stock was:
1,748,381,321
As of September 30, 2021, the number of shares outstanding of our Common Stock was:
1,732,412,156
As of December 31, 2020, the number of shares outstanding of our Common Stock was:
1,655,528,822
Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933 and Rule 12b-2 of the Exchange Act of 1934):
Yes: ☐
No: ☒
Indicate by check mark whether the company's shell status has changed since the previous reporting period:Yes: ☐
No: ☒
Indicate by check mark whether a Change in Control1 of the company has occurred over this reporting period:Yes: ☐
No: ☒
1 "Change in Control" shall mean any events resulting in:
(i) Any "person" (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becoming the "beneficial owner" (as defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or more of the total voting power represented by the Company's then outstanding voting securities;
(ii) The consummation of the sale or disposition by the Company of all or substantially all of the Company's assets;
(iii) A change in the composition of the Board occurring within a two (2)-year period, as a result of which fewer than a majority of the directors are directors immediately prior to such change; or
(iv) The consummation of a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity or its parent) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity or its parent outstanding immediately after such merger or consolidation.
1)Name and address(es) of the issuer and its predecessors (if any)
In answering this item, provide the current name of the issuer any names used by predecessor entities, along with the dates of the name changes.
Franklin Consolidated Mining Co. from 1976 until 1998
W.C.M. Capital, Inc. from 1998 until 2004
Franklin Mining, Inc. from 2004-Present
The state of incorporation or registration of the issuer and of each of its predecessors (if any) during the past five years; Please also include the issuer's current standing in its state of incorporation (e.g. active, default, inactive):
Nevada, active and in good standing since 2003.
Describe any trading suspension orders issued by the SEC concerning the issuer or its predecessors since inception:
N/A
List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months:
N/A
The address(es) of the issuer's principal executive office:
215 W. Bandera Rd. #114-459, Boerne, TX 78006
The address(es) of the issuer's principal place of business:
Check box if principal executive office and principal place of business are the same address: ☒
Has the issuer or any of its predecessors been in bankruptcy, receivership, or any similar proceeding in the past five years?
Yes: ☐
No: ☒
If this issuer or any of its predecessors have been the subject of such proceedings, please provide additional details in the space below:
2)Security Information
Trading symbol:
FMNJExact title and class of securities outstanding: Common Stock
CUSIP: | 353879208 |
Par or stated value: | $0.001 |
Total shares authorized: | 1,900,000,000 as of date: 12/31/21 |
Total shares outstanding: | 1,753,412,156 as of date: 12/31/21 |
Number of shares in the Public Float2: | 56,570,568 | as of date: 12/31/21 |
Total number of shareholders of record: | 432 | as of date: 12/31/21 |
Transfer Agent | ||
No: ☐ |
Name: Phone: Email: Address:
Olde Monmouth Stock Transfer Co., Inc. 732-872-2727info@oldemonmouth.com
200 Memorial Parkway Atlantic Highlands, NJ 07716
Is the Transfer Agent registered under the Exchange Act?3 Yes: ☒
3)Issuance History
The goal of this section is to provide disclosure with respect to each event that resulted in any direct changes to the total shares outstanding of any class of the issuer's securities in the past two completed fiscal years and any subsequent interim period.
Disclosure under this item shall include, in chronological order, all offerings and issuances of securities, including debt convertible into equity securities, whether private or public, and all shares, or any other securities or options to acquire such securities, issued for services. Using the tabular format below, please describe these events.
A. Changes to the Number of Outstanding Shares
Check this box to indicate there were no changes to the number of outstanding shares within the past two completed fiscal years and any subsequent periods: ☐
Shares Outstanding as of Second Most Recent Fiscal Year End:
Opening Balance
*Right-click the rows below and select "Insert" to add rows as needed.
Date 01/01/2019
Common: 1,551,837,115
Preferred: 10,000,000
Date of TransactionTransaction type (e.g. new issuance, cancellation, sharesNumber of Shares Issued (or cancelled)Class of SecuritiesValue of shares issued ($/perWere the shares issued at a discoun t toIndividual/ Entity Shares were issued to (entities must have individual with voting / investment control disclosed).
Reason for share issuance (e.g. for cash or debt conversion) -OR-Nature ofRestricted or Unrestricted as of this filing.
Exemption or Registration Type.
2 "Public Float" shall mean the total number of unrestricted shares not held directly or indirectly by an officer, director, any person who is the beneficial owner of more than 10 percent of the total shares outstanding (a "control person"), or any affiliates thereof, or any immediate family members of officers,
directors and control persons.
3 To be included in the Pink Current Information tier, the transfer agent must be registered under the Exchange Act.
returned to treasury) | share) at Issuance | market price at the time of issuance ? (Yes/No ) | Services Provided | ||||||
7/21/20 | Issuance | 2,000,000 | Common | 0.0015 | Yes | Lance Kayco | Cash | Restricted | 4(a)(1) |
7/21/20 | Issuance | 100,000 | Common | 0.0015 | Yes | Lance Kayco | Cash | Restricted | 4(a)(1) |
7/21/20 | Issuance | 2,000,000 | Common | 0.0015 | Yes | Victoria Trotter | Cash | Restricted | 4(a)(1) |
7/21/20 | Issuance | 2,666,667 | Common | 0.0015 | Yes | Eric Rothe | Cash | Restricted | 4(a)(1) |
7/21/20 | Issuance | 2,666,667 | Common | 0.0015 | Yes | Crystal Clark | Cash | Restricted | 4(a)(1) |
7/21/20 | Issuance | 2,000,000 | Common | 0.0015 | Yes | Scott Kirchner | Cash | Restricted | 4(a)(1) |
7/21/20 | Issuance | 2,000,000 | Common | 0.005 | Yes | Thomas Eckert | Cash | Restricted | 4(a)(1) |
7/21/20 | Issuance | 2,000,000 | Common | 0.0015 | Yes | Becker Trus | Cash | Restricted | 4(a)(1) |
7/21/20 | Issuance | 2,000,000 | Common | 0.0015 | Yes | Marylyn Ackerman | Cash | Restricted | 4(a)(1) |
7/21/20 | Issuance | 2,000,000 | Common | 0.0015 | Yes | Tim Zenian | Cash | Restricted | 4(a)(1) |
7/21/20 | Issuance | 2,000,000 | Common | 0.005 | Yes | Chris Zahn | Cash | Restricted | 4(a)(1) |
7/21/20 | Issuance | 1,600,000 | Common | 0.0025 | Yes | Sanda Mosher | Cash | Restricted | 4(a)(1) |
7/21/20 | Issuance | 1,750,000 | Common | 0.002 | Yes | Doria Mann | Cash | Restricted | 4(a)(1) |
7/21/20 | Issuance | 2,000,000 | Common | 0.0015 | Yes | David Grenamyer | Cash | Restricted | 4(a)(1) |
8/28/20 | Issuance | 2,333,333 | Common | 0.0015 | Yes | Careen Schmal | Cash | Restricted | 4(a)(1) |
8/28/20 | Issuance | 2,000,000 | Common | 0.0015 | Yes | Jeffrey Mcllroy & Ellen Mcllroy | Cash | Restricted | 4(a)(1) |
8/28/20 | Issuance | 5,000,000 | Common | 0.0005 | Yes | Tom Williams | Cash | Restricted | 4(a)(1) |
8/28/20 | Issuance | 25,000,000 | Common | 0.00036 | Yes | Tom Ministr | Cash | Restricted | 4(a)(1) |
8/28/20 | Issuance | 11,200,000 | Common | 0.00044 | Yes | Matt Fortress | Cash | Restricted | 4(a)(1) |
10/20/20 | Issuance | 2,000,000 | Common | 0.001 | Yes | Luis Rivera Lugo | Cash | Restricted | 4(a)(1) |
10/22/20 | Issuance | 5,000,000 | Common | 0.002 | Yes | Hyatt Winston Group LLC (Stephen Funk) | Cash | Restricted | 4(a)(1) |
10/29/20 | Issuance | 2,000,000 | Common | 0.001 | Yes | Ramiro Jordan | Cash | Restricted | 4(a)(1) |
11/18/20 | Issuance | 2,000,000 | Common | 0.0015 | Yes | Carol Becker | Cash | Restricted | 4(a)(1) |
11/24/20 | Issuance | 2,000,000 | Common | 0.0015 | Yes | Charles Clyde | Cash | Restricted | 4(a)(1) |
12/3/20 | Issuance | 3,125,000 | Common | 0.0015 | Yes | Stephen Oshaughnessy | Cash | Restricted | 4(a)(1) |
12/3/20 | Issuance | 3,125,000 | Common | 0.0015 | Yes | Milan Chase | Cash | Restricted | 4(a)(1) |
12/3/20 | Issuance | 3,125,000 | Common | 0.0015 | Yes | Milan Cooper | Cash | Restricted | 4(a)(1) |
2/23/21 | Issuance | 3,333,333 | Common | 0.015 | Yes | Tim Zeman | Cash | Restricted | 4(a)(1) |
2/23/21 | Issuance | 3,333,333 | Common | 0.015 | Yes | Tim Zeman | Cash | Restricted | 4(a)(1) |
2/23/21 | Issuance | 500,000 | Common | 0.015 | Yes | Greta Sazani | Cash | Restricted | 4(a)(1) |
2/23/21 | Issuance | 400,000 | Common | 0.015 | Yes | Greta Sazani | Cash | Restricted | 4(a)(1) |
2/23/21 | Issuance | 2,000,000 | Common | 0.015 | Yes | Richard Kirkpatrick | Cash | Restricted | 4(a)(1) |
2/23/21 | Issuance | 433,334 | Common | 0.015 | Yes | Spencer Sutton | Cash | Restricted | 4(a)(1) |
2/23/21 | Issuance | 500,000 | Common | 0.015 | Yes | Richard David Bazemore | Cash | Restricted | 4(a)(1) |
2/23/21 | Issuance | 1,100,000 | Common | 0.015 | Yes | 2468 Tr. (Spencer Trout) | Cash | Restricted | 4(a)(1) |
2/25/21 | Issuance | 12,516,667 | Common | 0.015 | Yes | Robert Schneider & Michelle Schneider | Cash | Restricted | 4(a)(1) |
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Franklin Mining Inc. published this content on 14 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 April 2022 15:55:03 UTC.
