{"schema_version":"secwatch.filing_event.v1","accession":"0001199835-22-000389","form_type":"8-K","ticker":"LRDC","cik":"0001442492","company_name":"Laredo Oil, Inc.","filed_at":"2022-07-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:55.783359+00:00","generated_at":"2026-06-24T21:15:08.147607+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Laredo Oil secures $750k loan at 15% with revenue royalty, secured by Cat Creek interest","bullets":["Principal $750,000 from Cali Fields LLC at 15% annual interest; due Dec 31, 2023.","Quarterly revenue royalty of 0.5% on all hydrocarbon production revenue from June 2022 through May 2027.","Loan secured by Laredo's 50% membership interest in Cat Creek Holdings LLC.","Prepayment permitted without penalty; default rate increases to 18%.","Funds used for general corporate purposes; no specific use stated."],"urls":{"canonical":"https://secwatch.observer/filing/0001199835-22-000389","json":"https://secwatch.observer/filing/0001199835-22-000389.json","markdown":"https://secwatch.observer/filing/0001199835-22-000389.md","text":"https://secwatch.observer/filing/0001199835-22-000389.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1442492/000119983522000389/0001199835-22-000389-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1442492/000119983522000389/lrdc_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T21:15:08.147607+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}