{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-22-039251","form_type":"8-K","ticker":"OLB","cik":"0001314196","company_name":"OLB GROUP, INC.","filed_at":"2022-07-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:55.340630+00:00","generated_at":"2026-06-24T14:50:30.539097+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"OLB Group authorizes buyback of up to 1M shares; no debt, $4M cash on hand","bullets":["Board authorized repurchase of up to 1,000,000 shares of common stock with no set termination date.","Company has zero corporate debt and $4M cash as of March 31, 2022; projects positive cash flow by year-end 2022.","Annualized revenue run rate of $36M vs. 2021 revenue of $9.6M; market valuation under $14M (0.4x projected 2022 revenue).","Insider ownership approx. 32%; 98% of revenue from profitable eCommerce operations.","Buyback to commence after Q2 2022 financials release in August; funded from existing cash."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-22-039251","json":"https://secwatch.observer/filing/0001213900-22-039251.json","markdown":"https://secwatch.observer/filing/0001213900-22-039251.md","text":"https://secwatch.observer/filing/0001213900-22-039251.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1314196/000121390022039251/0001213900-22-039251-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1314196/000121390022039251/ea162767-8k_theolbgroup.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T14:50:30.539097+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"}