secwatch.observer — SEC 8-K summary
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Issuer:     HEALTHY EXTRACTS INC. (HYEX)
CIK:        0001630176
Form:       8-K
Filed at:   2024-05-10T23:59:59+00:00
Accession:  0001096906-24-001090
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Healthy Extracts dismisses BF Borgers as auditor after SEC order; extends convertible notes maturity to 2026
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- Dismissed BF Borgers CPA PC as independent auditor effective May 8, 2024; engaged Bush & Associates CPA LLC as replacement.
- BF Borgers' audit reports for FY2022 and FY2023 included a going concern explanatory paragraph; no other disagreements.
- SEC issued an order on May 3, 2024 barring BF Borgers from appearing or practicing before the SEC.
- Amended two convertible notes (aggregate principal ~$427,777) extending maturity from April 2024 to June 25, 2026.
- Monthly amortized payments required; if equity raise exceeds $100k, 20% of excess goes to principal reduction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1630176/000109690624001090/0001096906-24-001090-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1630176/000109690624001090/hyex-20240503.htm
  HTML page:      https://secwatch.observer/filing/0001096906-24-001090

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