secwatch.observer — SEC 8-K summary
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Issuer:     FinTrade Sherpa, Inc. (FTSP)
CIK:        0001319643
Form:       8-K
Filed at:   2022-01-14T23:59:59+00:00
Accession:  0001199835-22-000051
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 1.02, 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lode-Star terminates Goldfield Bonanza Option, returns 20% interest, gets $2.224M debt forgiveness
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- Terminated Option Agreement with Lode Star Gold; returns its 20% undivided interest in Goldfield Bonanza Project in Nevada.
- LSG forgives approximately $2.224 million in accrued unpaid penalty and other payments owed by the Company.
- LSG retains the 35 million shares of common stock previously issued for the initial 20% interest; no surrender required.
- Settlement includes a broad mutual release of claims between the parties.
- Company states the debt relief supports its pivot to EGCG pharmaceutical assets acquired from Sapir Pharmaceuticals in December 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1319643/000119983522000051/0001199835-22-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1319643/000119983522000051/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001199835-22-000051

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