secwatch.observer — SEC 8-K summary
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Issuer:     Metavesco, Inc. (MVCO)
CIK:        0000924095
Form:       8-K
Filed at:   2022-09-02T23:59:59+00:00
Accession:  0001493152-22-024960
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Metavesco extends CEO promissory note maturity to Oct 2023, raises interest to 5%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924095/000149315222024960/0001493152-22-024960-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924095/000149315222024960/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-024960

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