---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-011646"
form_type: "8-K"
ticker: "HLLK"
cik: "0001331421"
company_name: "HALLMARK VENTURE GROUP, INC."
filed_at: "2023-04-10T23:59:59+00:00"
generated_at: "2026-06-17T04:01:47.751366+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Hallmark Venture Group issues $50K convertible note to related party Selkirk Global Holdings

## Summary
- Issued $50K 10% convertible promissory note to Selkirk Global Holdings, LLC, a related party controlled by director Paul Strickland.
- Note matures April 5, 2024, carries 10% original issue discount (OID), and is convertible at 55% of 20-day VWAP before conversion.
- Proceeds used for direct payment of company expenses; prepayment allowed at 100% within 90 days, 150% from 91-180 days.
- Conversion price includes discounts for DTC chill or non-DWAC status; default triggers increase to 150% of principal.
- Transaction is a related-party financing with potential dilution for existing shareholders.

## SEC filing metadata
- accession: 0001493152-23-011646
- form_type: 8-K
- ticker: HLLK
- cik: 0001331421
- company_name: HALLMARK VENTURE GROUP, INC.
- filed_at: 2023-04-10T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1331421/000149315223011646/0001493152-23-011646-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1331421/000149315223011646/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-011646
- JSON: https://secwatch.observer/filing/0001493152-23-011646.json
- Plain text: https://secwatch.observer/filing/0001493152-23-011646.txt

## Key facts
- Debt Financings
  HALLMARK VENTURE GROUP, INC. incurred convertible notes of $50,000 with Selkirk Global Holdings, LLC at 10% maturing April 5, 2024.
  - Instrument: convertible notes
  - Principal: $50,000
  - Counterparty: Selkirk Global Holdings, LLC
  - Rate: 10%
  - Maturity: April 5, 2024
  - Event: incurrence
  source text: On April 6, 2023, Hallmark Venture Group, Inc (the “Company”) issued a $50,000, 10% convertible promissory note to Selkirk Global Holdings, LLC (“Holder”), an entity controlled by the Company’s Secretary and Director, Paul Strickland (the “Note”). The Note matures April 5, 2024, has a 10% Original Issue Discount (OID) and is convertible into the Company’s common stock at a price equal to 55% of the average closing price of the Company’s common stock during the 20 consecutive trading days prior to the date on which the Holder elects to convert all or part of the Note.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1331421/000149315223011646/0001493152-23-011646-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.