---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-21-001559"
form_type: "8-K"
ticker: "BESS"
cik: "0001066764"
company_name: "Bimergen Energy Corp"
filed_at: "2021-11-02T23:59:59+00:00"
generated_at: "2026-06-28T14:52:03.992698+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Spine Injury Solutions reduces director debt $33,946 via AR transfer; note extended to June 2022

## Summary
- Transferred $84,865 in accounts receivable to SPIN Collections LLC, owned by director Peter Dalrymple, in exchange for $33,946 reduction on his $430,000 promissory note.
- Extended maturity date of Dalrymple's secured note from Aug 31, 2021 to June 30, 2022.
- Note originally $610,000, bearing 6% interest, collateralized by all accounts receivable and stock of subsidiary Quad Video Halo.

## SEC filing metadata
- accession: 0001185185-21-001559
- form_type: 8-K
- ticker: BESS
- cik: 0001066764
- company_name: Bimergen Energy Corp
- filed_at: 2021-11-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1066764/000118518521001559/0001185185-21-001559-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1066764/000118518521001559/spineinj20211101_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-21-001559
- JSON: https://secwatch.observer/filing/0001185185-21-001559.json
- Plain text: https://secwatch.observer/filing/0001185185-21-001559.txt

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