debt
confidence high
sentiment neutral
materiality 0.50
Camber subsidiary Viking Ozone issues $500K promissory note to accredited investor
CAMBER ENERGY, INC.
- Note bears 10% fixed interest; matures Sept 30, 2025 or upon VKIN-300 sale proceeds.
- Proceeds to fund VKIN-300 system costs, operating expenses, consulting fees, and working capital.
- Note secured by priority interest over net sale proceeds of VKIN-300 system shipped to France.
- Camber Energy not a party; no conversion rights or warrants attached to the note.