secwatch.observer — SEC 8-K summary
======================================

Issuer:     Quest Water Global, Inc. (QWTR)
CIK:        0001487091
Form:       8-K
Filed at:   2022-07-27T23:59:59+00:00
Accession:  0001493152-22-020370
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.02, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quest Water Global increases authorized shares to 500M; insiders convert $3.04M debt into 46.7M shares
--------------------------------------------------------------------------------

- Shareholders approved increase of authorized common shares from 95M to 500M; Certificate of Amendment filed July 21, 2022.
- CEO John Balanko and CFO Peter Miele each converted $1,519,000 in management fee debt into 23,369,230 shares at $0.065/share.
- Total 46,738,460 shares issued to insiders on July 22, 2022; exempt under Section 4(a)(2) and Regulation S.
- Conversion clears $3,038,000 in unpaid management fees accrued from April 2014 to June 2022.
- Authorized preferred stock unchanged at 5M shares; proceeds used to satisfy insider debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1487091/000149315222020370/0001493152-22-020370-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1487091/000149315222020370/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-020370

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