debt
confidence high
sentiment neutral
materiality 0.50
Cyberloq raises $50k via convertible note, lists on OTCQB, adjusts CEO salary
CYBERLOQ TECHNOLOGIES, INC.
- Issued $50k convertible note to a director with 12% interest, convertible at $0.02/share, maturing June 2, 2024.
- President Christopher Jackson's base salary approved at $120k/year; other officer salaries unchanged.
- Common stock approved for trading on OTCQB market as of May 8, 2023.
- Note issuance exempt from registration under Section 4(a)(2) and Regulation D.