secwatch.observer — SEC 8-K summary
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Issuer:     Metavesco, Inc. (MVCO)
CIK:        0000924095
Form:       8-K
Filed at:   2023-07-12T23:59:59+00:00
Accession:  0001493152-23-024315
Event type: debt
Sentiment:  neutral
Materiality: 0.15
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Metavesco enters $30K loan agreement with CEO-owned entity at 3% interest due July 2024
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- $30,000 loan from Restore Franchise Group, LLC, owned by CEO Ryan Schadel; interest 3% per annum compounded yearly.
- Principal and interest must be repaid in full by July 10, 2024.
- Lender may declare immediate acceleration upon default; enforcement costs added to principal.
- Loan governed by Nevada law; related-party transaction disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924095/000149315223024315/0001493152-23-024315-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924095/000149315223024315/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-024315

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