other material
confidence high
sentiment neutral
materiality 0.60
SecureTech converts $50K AP to note, issues 100M shares, exchanges for Series A Preferred
Securetech Innovations, Inc.
- On Oct 23, SecureTech converted $50,000 in related-party accounts payable into a non-interest bearing convertible promissory note.
- On Oct 24, the note holder converted the $50,000 note into 100,000,000 shares of common stock.
- On Oct 25, 100M common shares were exchanged for 10,000 shares of Series A Preferred via a Share Exchange Agreement.
- As of Oct 28, outstanding shares: 78,076,881 common and 13,400 Series A Preferred.