other material
confidence high
sentiment neutral
materiality 0.50
MetaWorks settles $90k debt with 900k shares at $0.10; also issues 100k shares for services
WASTE ENERGY CORP.
- Issued 900,000 shares to GSD Group, LLC at $0.10 per share to settle $90,000 debt.
- Issued 100,000 shares at $0.10 per share to two U.S. persons for services rendered.
- Shelly Murphy (director) is CEO of GSD Group; transaction is a related party under MI 61-101.
- Shares issued without registration under the Securities Act of 1933, relying on Section 4(a)(2)/Rule 506.
- Shortened 21-day closing period justified to improve Company's financial position.