debt
confidence high
sentiment neutral
materiality 0.30
Waterside Capital issues $220K in convertible notes to CEO and other investor
Metavesco, Inc.
- Issued $100K note to CEO Ryan Schadel on May 6, 2022, convertible at $0.50/share.
- Issued second $100K note to Schadel on May 9, 2022, same terms.
- Issued $20K note to Timothy Hackbart on May 10, 2022, same conversion price.
- All notes mature in 5 years, bear 3.25% interest, 12% late rate.