secwatch.observer — SEC 8-K summary
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Issuer:     Metavesco, Inc. (MVCO)
CIK:        0000924095
Form:       8-K
Filed at:   2022-03-15T23:59:59+00:00
Accession:  0001493152-22-006881
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Waterside Capital files certificate of designations for Series A preferred stock with conversion to common
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- Authorizes 100 shares of Series A preferred stock with $50,000 stated value per share.
- Each Series A share is convertible into 100,000 common shares, subject to 9.99% equity blocker.
- Series A preferred stock has no voting rights and is not entitled to dividends.
- Conversion rights may dilute existing common shareholders if exercised.
- No change to fiscal year or other bylaws; sole action is creation of Series A.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924095/000149315222006881/0001493152-22-006881-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924095/000149315222006881/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-006881

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