---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-21-005981"
form_type: "8-K"
ticker: "ASII"
cik: "0001464865"
company_name: "Accredited Solutions, Inc."
filed_at: "2021-08-26T23:59:59+00:00"
generated_at: "2026-06-29T07:32:12.351520+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Good Hemp enters $250K note with Geneva Roth; receives $225K net after OID and fees

## Summary
- Promissory note principal $250,375; 10% interest; matures Aug 13, 2022; 10 monthly payments of $27,541.
- Warrants issued to purchase 52,265 shares at $1.20 per share, cashless exercise, three-year term.
- Net proceeds to company $225,000 after $22,875 OID and $2,500 expense reimbursement.
- Note not convertible unless default; then conversion price at 75% of bid, capped at 4.99% ownership.
- Proceeds used for working capital; company maintains reporting and corporate existence covenants.

## SEC filing metadata
- accession: 0001477932-21-005981
- form_type: 8-K
- ticker: ASII
- cik: 0001464865
- company_name: Accredited Solutions, Inc.
- filed_at: 2021-08-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1464865/000147793221005981/0001477932-21-005981-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1464865/000147793221005981/ghmp_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-21-005981
- JSON: https://secwatch.observer/filing/0001477932-21-005981.json
- Plain text: https://secwatch.observer/filing/0001477932-21-005981.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.