debt
confidence high
sentiment neutral
materiality 0.30
Metavesco extends CEO promissory note maturity to Oct 2023, raises interest to 5%
Metavesco, Inc.
- Original $100K promissory note from CEO Ryan Schadel at 0.01% interest, due Oct 2022.
- Amendment extends maturity to Oct 18, 2023; interest rate raised to 5% effective Aug 29, 2022.
- As consideration for extension, Company issued 15,000 shares of common stock to Schadel.
- Schadel is CEO, sole director, and majority stockholder of Metavesco.