secwatch.observer — SEC 8-K summary
======================================

Issuer:     VERDE BIO HOLDINGS, INC. (APHD)
CIK:        0001490054
Form:       8-K
Filed at:   2023-12-20T23:59:59+00:00
Accession:  0001096906-23-002416
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Verde Bio transfers Texas real property to CEO Scott Cox to settle $525,000 loan
--------------------------------------------------------------------------------

- Company conveyed two tracts in Jack County, TX (~74 acres) plus improvements, UTVs, and a Ford F-350 to settle a $525,000 loan from CEO Scott Cox.
- Loan forgiveness and full release of all liabilities under the loan; transfer via quitclaim deed.
- Transaction is a related-party settlement: Scott Cox is both the lender and the company's CEO.
- Agreement dated December 19, 2023; property includes real estate, buildings, and personal property.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1490054/000109690623002416/0001096906-23-002416-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1490054/000109690623002416/vbhi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001096906-23-002416

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer