secwatch.observer — SEC 8-K summary
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Issuer:     Laredo Oil, Inc. (LRDC)
CIK:        0001442492
Form:       8-K
Filed at:   2023-05-30T23:59:59+00:00
Accession:  0001199835-23-000297
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.01, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Laredo Oil increases authorized shares to 120M, transfers vehicles to CEO for $97,760 in compensation
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- Authorized common shares increased from 90M to 120M via Certificate of Amendment effective May 23, 2023.
- Transferred 2018 Ford Explorer and John Deere Hoe Loader 420F2 to CEO Mark See; combined value $97,760.
- Vehicle transfer settles $97,760 of unpaid compensation owed to CEO.
- Amendment approved by board and majority stockholders per Delaware law.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1442492/000119983523000297/0001199835-23-000297-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1442492/000119983523000297/form_8k.htm
  HTML page:      https://secwatch.observer/filing/0001199835-23-000297

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