secwatch.observer — SEC 8-K summary
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Issuer:     GOLD ROCK HOLDINGS, INC. (GRHI)
CIK:        0000894501
Form:       8-K
Filed at:   2023-03-27T23:59:59+00:00
Accession:  0001091818-23-000040
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 3.02, 5.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gold Rock Holdings issues 194.98M restricted shares; insider control rises to 84.4%
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- Issued 194,983,305 restricted shares under Section 4(2) to Merle Ferguson and Richard Kaiser.
- Ferguson received 120,238,095 shares; Kaiser received 23,333,333 shares for expenses and employment.
- Post-issuance, Ferguson controls 72.1%, Kaiser 12.3%, together over 84% of voting shares.
- Total outstanding shares after issuance are 231,053,636.
- Shares are Rule 144 restricted and thinly traded; cash value cited as likely below accounting value.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/894501/000109181823000040/0001091818-23-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/894501/000109181823000040/ghri323238k.htm
  HTML page:      https://secwatch.observer/filing/0001091818-23-000040

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