secwatch.observer — SEC 8-K summary
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Issuer:     CYBERLOQ TECHNOLOGIES, INC. (CLOQ)
CIK:        0001437517
Form:       8-K
Filed at:   2022-09-07T23:59:59+00:00
Accession:  0001493152-22-025205
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 2.04
LLM model:  deepseek-v4-flash:cloud@v2

Cyberloq receives default notice from Mark Carten over $163K share redemption payment
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- On Sept 2, 2022, Cyberloq received a default notice from Mark Carten for failure to pay $163,333.30 to redeem 1,633,333 common shares.
- The default stems from a Feb 28, 2022 separation agreement; negotiations to revise agreement failed.
- If payment not made within 10-day notice period, Carten can declare agreement terminated and un-redeemed shares become freely transferable.
- The company has 10 days to cure default; no further details on current financial capacity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437517/000149315222025205/0001493152-22-025205-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437517/000149315222025205/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-025205

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