{"schema_version":"secwatch.filing_event.v1","accession":"0001199835-22-000705","form_type":"8-K","ticker":"LRDC","cik":"0001442492","company_name":"Laredo Oil, Inc.","filed_at":"2022-11-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.675364+00:00","generated_at":"2026-06-21T12:13:03.900579+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Laredo Oil issues $59K convertible note to JanBella Group, 8% interest, variable conversion","bullets":["Issued convertible promissory note for $59,125 principal (including $5,375 OID) to JanBella Group, LLC.","Note accrues 8% interest, matures Nov 18, 2023; prepayable within 180 days at 110% or 115%.","Conversion after 180 days at 75% of avg of 3 lowest closing bid prices in prior 15 trading days.","Note has 4.99% beneficial ownership cap and requires 4.5x reserved shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001199835-22-000705","json":"https://secwatch.observer/filing/0001199835-22-000705.json","markdown":"https://secwatch.observer/filing/0001199835-22-000705.md","text":"https://secwatch.observer/filing/0001199835-22-000705.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1442492/000119983522000705/0001199835-22-000705-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1442492/000119983522000705/laredo_8k-1.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T12:13:03.900579+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":[{"claim_id":"d2077154afce31ea7f963ee71b6cec22ff2e421b","claim":"Laredo Oil, Inc. entered into Securities Purchase Agreement with JanBella Group, LLC valued at $59,125 (effective 2022-11-18).","evidence_excerpt":"Laredo Oil, Inc. (the “Company”) has entered into a Securities Purchase Agreement, dated November 18, 2022 (the “Purchase Agreement”), pursuant to which the Company issued a convertible promissory note (the “Note”) in the aggregate principal amount of $59,125 (including a $5,375 original issue discount). The Note is payable to JanBella Group, LLC (the “Lender”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1442492/000119983522000705/0001199835-22-000705-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"JanBella Group, LLC"},{"label":"Value","value":"$59,125"},{"label":"Effective","value":"2022-11-18"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}