debt
confidence high
sentiment neutral
materiality 0.25
Waterside Capital issues $100K promissory note to CEO Ryan Schadel at 0.01% interest, due Oct 2022
Metavesco, Inc.
- Issued $100,000 promissory note to CEO, sole director, and majority stockholder Ryan Schadel.
- Interest rate is 0.01% per annum, simple interest; due October 18, 2022.
- Note is unsecured; holder may demand payment at any time; no prepayment penalty.
- Transaction is a related-party insider loan, reported under Items 1.01 and 2.03.
- No other material terms disclosed.