Disclosure Statement Pursuant to the Pink Basic Disclosure Guidelines
Osceola Gold Inc. f/k/a/ PhyHealth Corporation
A Delaware Corporation
203 Three Springs Drive
Weirton, WV 26062
________________________________
740-275-7804
http://www.osceolagoldinc.com
osceolagoldinc@gmail.com
SIC #1041- Gold Ores
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:
297,264,288
As of December 31, 2020, the number of shares outstanding of our Common Stock was:
297,264,288
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: | (Double-click and select "Default Value" to check) |
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 Control 1 of the company has occurred over this reporting period:
Yes: No:
1 "Change in Control" shall mean any events resulting in:
-
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; - The consummation of the sale or disposition by the Company of all or substantially all of the Company's assets.
- 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
- 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.
Osceola Gold Inc. f/k/a/ PhyHealth Corporation | |
OSCI Q4 Ending December 31, 2021, Disclosure Statement | Page 1 of 12 |
- Name of the issuer and its predecessors (if any)
In answering this item, please also provide any names used by predecessor entities in the past five years and the dates of the name changes.
Osceola Gold Inc. f/k/a/ PhyHealth Corporation
Date and state (or jurisdiction) of incorporation (also describe any changes to incorporation since inception, if applicable) Please also include the issuer's current standing in its state of incorporation (e.g. active, default, inactive):
January 18, 2008; Delaware Active
Has the issuer or any of its predecessors ever been in bankruptcy, receivership, or any similar proceeding in the past five years?
Yes: | No: |
- Security Information
Trading symbol: | OSCI | |
Exact title and class of securities outstanding: | Common Stock | |
CUSIP: | 68804P109 | |
Par or stated value: | $0.0001 | |
Total shares authorized: | 298,000,000 as of date: December 31, 2021 | |
Total shares outstanding: | 297,264,288 as of date: December 31, 2021 | |
Number of shares in the Public Float 2: | 735,712 as of date: December 31, 2021 | |
Total number of shareholders of record: | 144 as of date: December 31, 2021 | |
Additional class of securities (if any): | ||
Trading symbol: | OSCI | |
Exact title and class of securities outstanding: | Series A Preferred Stock | |
CUSIP: | 68804P109 | |
Par or stated value: | $0.0001 | |
Total shares authorized: | 1,000,000 as of December 31, 2021 | |
Total shares outstanding: | 247,039 as of December 31, 2021 | |
Additional class of securities (if any): | ||
Trading symbol: | OSCI | |
Exact title and class of securities outstanding: | Series B Preferred Stock | |
CUSIP: | 68804P109 | |
Par or stated value: | $0.0001 | |
Total shares authorized: | 1,000,000 as of December 31, 2021 | |
Total shares outstanding: | 0 as of date: December 31, 2021 | |
Transfer Agent | ||
Name: | Issuer Direct- 500 Perimeter Park Drive, Suite D, Morrisville, NC 27560 | |
Phone: | 919-481-4000 | |
Email: | info@issuerdirect.com |
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.
Osceola Gold Inc. f/k/a/ PhyHealth Corporation | |
OSCI Q4 Ending December 31, 2021, Disclosure Statement | Page 2 of 12 |
Is the Transfer Agent registered under the Exchange Act? 3 Yes: | No: |
Describe any trading suspension orders issued by the SEC concerning the issuer or its predecessors:
None
List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months:
None
- Issuance History
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:
Number of | Opening Balance: | ||||||||||||
Shares | |||||||||||||
*Right-click the rows below and select "Insert" to add rows as needed. | |||||||||||||
outstanding as of | Common: 295,613,836 | ||||||||||||
January 1, 2017 | Preferred A: 247,039 | ||||||||||||
Preferred B: 0 | |||||||||||||
Date of | Transaction | Number of | Class of | Value of | Were the | Individual/ Entity | Reason for share | Restricted or | Exemption | ||||
Transaction | type (e.g. new | Shares | Securities | shares | shares | Shares were | issuance (e.g. for | Unrestricted | or | ||||
issuance, | Issued (or | issued | issued at | issued to | cash or debt | as of this | Registration | ||||||
cancellation, | cancelled) | ($/per | a discount | (entities must | conversion) OR | filing? | Type? | ||||||
shares returned | share) at | to market | have individual | Nature of | |||||||||
to treasury) | Issuance | price at | with voting / | Services | |||||||||
the time | investment | Provided (if | |||||||||||
of | control | applicable) | |||||||||||
issuance? | disclosed). | ||||||||||||
(Yes/No) | |||||||||||||
1/2/17 | New Issuance | 400,000 | Common | $0.30 | Yes | Elizabeth | Debt | Unrestricted | |||||
James | Conversion | ||||||||||||
1/2/17 | New Issuance | 150,000 | Common | $0.30 | Yes | John Henry | Debt | Unrestricted | |||||
Conversion | |||||||||||||
1/2/17 | New Issuance | 166,667 | Common | $0.30 | Yes | Joseph Simone | Debt | Unrestricted | |||||
Conversion | |||||||||||||
1/3/17 | New Issuance | 500,000 | Common | $0.05 | Yes | Frank Mirabella | Debt | Unrestricted | |||||
Conversion | |||||||||||||
1/3/17 | New Issuance | 500,000 | Common | $0.05 | Yes | David Polos | Debt | Unrestricted | |||||
Conversion | |||||||||||||
1/3/17 | New Issuance | 200,000 | Common | $0.03 | Yes | Ultimate | Debt | Unrestricted | |||||
Investment, LLC | Conversion | ||||||||||||
Mike Ptrocelli | |||||||||||||
1/4/17 | New Issuance | 1,000,00 | Common | $0.05 | Yes | Wylde, LLC | Debt | Unrestricted | |||||
0 | Christopher | Conversion | |||||||||||
Wiggins | |||||||||||||
1/6/17 | New Issuance | 250,000 | Common | $0.02 | Yes | Joseph Falco | Debt | Unrestricted | |||||
Conversion | |||||||||||||
Osceola Gold Inc. f/k/a/ PhyHealth Corporation | |||||||||||||
OSCI Q4 Ending December 31, 2021, Disclosure Statement | Page 3 of 12 |
1/6/17 | New Issuance | 1,000,00 | Common | $0.05 | Yes | Union Square | Debt | Unrestricted | |||||
0 | Energy Advisors | Conversion | |||||||||||
Unlimited | |||||||||||||
Ross DiMaggio | |||||||||||||
1/9/17 | New Issuance | 500,000 | Common | $0.05 | Yes | Stanley | Debt | Unrestricted | |||||
Goldstein | Conversion | ||||||||||||
1/10/17 | New Issuance | 500,000 | Common | $0.05 | Yes | Corey Allen | Debt | Unrestricted | |||||
Lambrecht | Conversion | ||||||||||||
1/29/17 | New Issuance | 640,000 | Common | $0.05 | Yes | Stanley | Debt | Unrestricted | |||||
Goldstein | Conversion | ||||||||||||
2/3/17 | New Issuance | 28,571 | Common | $0.35 | No | Robert | Debt | Unrestricted | |||||
Schwalm | Conversion | ||||||||||||
2/9/17 | New Issuance | 33,333 | Common | $0.30 | No | James McHenry | Debt | Unrestricted | |||||
Conversion | |||||||||||||
3/8/17 | New Issuance | 287,270 | Common | $0.02 | Yes | Eric Goldstein | Debt | Unrestricted | |||||
Conversion | |||||||||||||
3/8/17 | New Issuance | 1,008,52 | Common | $0.02 | Yes | Eric Goldstein | Debt | Unrestricted | |||||
1 | Conversion | ||||||||||||
4/21/17 | New Issuance | 1,250,00 | Common | $0.01 | Yes | Patricia Baresse | Debt | Unrestricted | |||||
0 | Conversion | ||||||||||||
4/25/17 | New Issuance | 1,000,00 | Common | $0.01 | Yes | James McHenry | Debt | Unrestricted | |||||
0 | Conversion | ||||||||||||
4/25/17 | New Issuance | 1,000,00 | Common | $0.01 | Yes | Myron Cupp | Debt | Unrestricted | |||||
0 | Conversion | ||||||||||||
4/26/17 | New Issuance | 2,000,00 | Common | $0.01 | Yes | Ashok & Parul | Debt | Unrestricted | |||||
0 | Shah | Conversion | |||||||||||
4/28/17 | New Issuance | 1,000,00 | Common | $0.01 | Yes | Michael Evans | Debt | Unrestricted | |||||
0 | Conversion | ||||||||||||
5/11/17 | New Issuance | 2,000,00 | Common | $0.01 | Yes | Ashok & Parul | Debt | Unrestricted | |||||
0 | Shah | Conversion | |||||||||||
5/12/17 | New Issuance | 1,000,00 | Common | $0.01 | Yes | Paul & Sandra | Debt | Unrestricted | |||||
0 | Appel | Conversion | |||||||||||
6/1/17 | New Issuance | 2,500,00 | Common | $0.01 | Yes | Brent Watson | Debt | Unrestricted | |||||
0 | Conversion | ||||||||||||
6/2/17 | New Issuance | 1,000,00 | Common | $0.01 | Yes | James McHenry | Debt | Unrestricted | |||||
0 | Conversion | ||||||||||||
6/14/17 | New Issuance | 5,000,00 | Common | $0.01 | YES | David Rumbold | Private | Unrestricted | |||||
0 | Placement | ||||||||||||
7/12/17 | Cancelation | 15,000,0 | Common | N/A | N/A | Pizz Inc. | N/A | N/A | N/A | ||||
00 | Tracy | ||||||||||||
Pizzoferrato | |||||||||||||
7/14/17 | New Issuance | 5,000,00 | Common | $0.01 | YES | David Rumbold | Cash | Unrestricted | |||||
0 | |||||||||||||
Osceola Gold Inc. f/k/a/ PhyHealth Corporation | |||||||||||||
OSCI Q4 Ending December 31, 2021, Disclosure Statement | Page 4 of 12 |
8/3/17 | New Issuance | 2,222,22 | Common | $0.01 | Yes | VM Consulting | Debt | Unrestricted | ||||
2 | Vincent Musarro | Conversion | ||||||||||
8/9/17 | New Issuance | 10,000,0 | Common | $0.01 | Yes | David Rumbold | Private | Unrestricted | ||||
00 | Placement | |||||||||||
8/9/17 | Cancelation | 20,000,0 | Common | N/A | N/A | Pizz Inc. | N/A | N/A | N/A | |||
00 | ||||||||||||
Tracy | ||||||||||||
Pizzoferrato | ||||||||||||
8/23/17 | New Issuance | 7,000,00 | Common | $0.08 | Yes | David Rumbold | Private | Unrestricted | ||||
0 | Placement | |||||||||||
8/29/17 | New Issuance | 777,778 | Common | $0.08 | Yes | Joseph Simone | Debt | Unrestricted | ||||
Conversion | ||||||||||||
9/12/17 | Cancelation | 10,000,0 | Common | N/A | N/A | Pizz Inc | N/A | N/A | N/A | |||
00 | ||||||||||||
Tracy | ||||||||||||
PIzzoferrato | ||||||||||||
9/26/17 | New Issuance | 1,500,00 | Common | $0.105 | No | Eric Goldstein | Debt | Unrestricted | ||||
0 | Conversion | |||||||||||
9/22/17 | New Issuance | 500,000 | Common | $0.105 | No | Tidepool | Debt | Unrestricted | ||||
Ventures | Conversion | |||||||||||
Todd Violette | ||||||||||||
9/26/17 | New Issuance | 3,037,73 | Common | $0.105 | No | Eric Goldstein | Debt | Unrestricted | ||||
0 | Conversion | |||||||||||
10/3/17 | New Issuance | 5,280,22 | Common | $0.10 | No | Eric Goldstein | Debt | Unrestricted | ||||
7 | Conversion | |||||||||||
10/12/17 | New Issuance | 7,000,00 | Common | $0.08 | No | Donald Adams | Debt | Unrestricted | ||||
0 | Conversion | |||||||||||
1/19/18 | New Issuance | 500,000 | Common | $0.01 | Yes | Carmine | Debt | Unrestricted | ||||
Palummo | Conversion | |||||||||||
4/18/18 | Cancelation | 25,000,0 | Common | N/A | N/A | Pizz Inc | N/A | N/A | N/A | |||
00 | ||||||||||||
Tracy | ||||||||||||
Pizzoferrato | ||||||||||||
5/1/18 | New Issuance | 13,886,2 | Common | $0.001 | Yes | Eric Goldstein | Debt | Unrestricted | ||||
52 | Conversion | |||||||||||
12/28/18 | New Issuance | 500,000 | Common | $0.01 | Yes | Joseph Aversa | Private | Restricted | ||||
Placement | ||||||||||||
8/01/18 * | New Issuance | 1,150,00 | Common | $0.02 | Yes | Joseph Falco | Private | Restricted | Posted | |||
0 | Placement | 1/3/19 | ||||||||||
8/1/18 * | New Issuance | 500,000 | Common | $0.02 | Yes | Joseph Falco | Private | Restricted | Posted | |||
Placement | 1/3/19 | |||||||||||
8/1/18 * | New Issuance | 238,095 | Common | $0.021 | Yes | Joseph Falco | Private | Restricted | Posted | |||
Placement | 1/3/19 | |||||||||||
8/1/18 * | New Issuance | 250,000 | Common | $0.02 | Yes | Joseph Falco | Private | Restricted | Posted | |||
Placement | 1/3/19 | |||||||||||
Osceola Gold Inc. f/k/a/ PhyHealth Corporation | ||||||||||||
OSCI Q4 Ending December 31, 2021, Disclosure Statement | Page 5 of 12 |
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Osceola Gold Inc. published this content on 06 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 March 2022 21:08:05 UTC.