secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN INTERNATIONAL HOLDINGS CORP. (—)
CIK:        0001300524
Form:       8-K
Filed at:   2023-03-27T23:59:59+00:00
Accession:  0001493152-23-009021
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 2.01, 9.01, 5.02, 1.02, 3.02, 3.03, 5.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

American International Holdings acquires Cycle Energy, changes control and management
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- Shareholder exchanged 100% of Cycle Energy for 1M Series A Preferred shares, yielding 60% voting control.
- Prior CEO Jacob Cohen resigned, received $40k; exchanged Series A shares for Epiq Scripts interests and $850k debt.
- New CEO Michael McLaren (also Chairman), CFO James Pendergast, and director Gary Giles appointed effective March 9, 2023.
- Cycle Energy produces ~25 bbl/day oil from 16 leases on 2,000 acres; operates three verticals including gas-to-liquid tech.
- McLaren settled ASC allegations regarding Xfuels; resigned from reporting issuers, barred 2 years, no effect on AHI role.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1300524/000149315223009021/0001493152-23-009021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1300524/000149315223009021/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-009021

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