secwatch.observer — SEC 8-K summary
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Issuer:     BLUSKY AI INC. (BSAI)
CIK:        0001416090
Form:       8-K
Filed at:   2023-02-28T23:59:59+00:00
Accession:  0001493152-23-006234
Event type: other_material
Sentiment:  negative
Materiality: 1.00
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Inception Mining issues 2.24B restricted shares for debt conversion and services
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- Issued ~2.24B restricted common shares on Feb 23, 2023 to 16 parties for debt conversion and services.
- Largest issuance: 965M shares to Clavo Rico Inc. for $3.38M debt conversion.
- Second largest: 485M shares to CEO Trent D'Ambrosio for $1.70M debt conversion.
- Issued 315M shares to L W Briggs Irrevocable Trust for $1.10M debt.
- Relied on Sections 3(a)(9) and 4(a)(2) of Securities Act; no public offering.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1416090/000149315223006234/0001493152-23-006234-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1416090/000149315223006234/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-006234

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