---
schema_version: "secwatch.filing_event.v1"
accession: "0001096906-21-001679"
form_type: "8-K"
ticker: "BYOC"
cik: "0001386049"
company_name: "Beyond Commerce, Inc."
filed_at: "2021-07-23T23:59:59+00:00"
generated_at: "2026-06-30T02:54:12.718007+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Beyond Commerce issues $1.5M convertible note to CEO for accrued salary

## Summary
- Convertible promissory note of $1.5M issued to Chairman/CEO Geordan Pursglove in satisfaction of accrued salary.
- Note bears 2% interest, payable in 12 equal monthly installments; convertible at 100% of 5-day VWAP.
- Note issued under Section 4(a)(2) exemption; shares underlying note are restricted.
- CEO is an accredited investor; offering not registered under Securities Act.

## SEC filing metadata
- accession: 0001096906-21-001679
- form_type: 8-K
- ticker: BYOC
- cik: 0001386049
- company_name: Beyond Commerce, Inc.
- filed_at: 2021-07-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1386049/000109690621001679/0001096906-21-001679-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1386049/000109690621001679/byoc-20210719.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-21-001679
- JSON: https://secwatch.observer/filing/0001096906-21-001679.json
- Plain text: https://secwatch.observer/filing/0001096906-21-001679.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.