{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-025244","form_type":"8-K","ticker":"GTLL","cik":"0000932021","company_name":"GLOBAL TECHNOLOGIES LTD","filed_at":"2023-07-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.078591+00:00","generated_at":"2026-06-13T05:18:07.091372+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"confidence":"high","headline":"Global Technologies issues $20K convertible note to Hillcrest Ridgewood Partners","bullets":["$20,000 principal, 8% annual interest, maturity July 18, 2024.","Conversion price of $0.0001 per share, adjustable for stock splits/dividends.","Default interest 18% per annum; default amount equals 150% of outstanding principal plus accrued interest.","Issuance exempt from registration under Securities Act Section 4(a)(2) and Rule 506(b).","Note convertible anytime at holder's option; shares to be issued without restrictive legends after 6 months."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-025244","json":"https://secwatch.observer/filing/0001493152-23-025244.json","markdown":"https://secwatch.observer/filing/0001493152-23-025244.md","text":"https://secwatch.observer/filing/0001493152-23-025244.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/932021/000149315223025244/0001493152-23-025244-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/932021/000149315223025244/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T05:18:07.091372+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"dedbebe009218dc651a835d0dd5bc9b13390503c","claim":"GLOBAL TECHNOLOGIES LTD incurred convertible notes of $20,000 with Hillcrest Ridgewood Partners, LLC at 8% per annum maturing July 18, 2024.","evidence_excerpt":"On July 18, 2023, the Company executed a Convertible Note payable to Hillcrest Ridgewood Partners, LLC (the “Holder”) in the principal amount of $20,000.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/932021/000149315223025244/0001493152-23-025244-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$20,000"},{"label":"Counterparty","value":"Hillcrest Ridgewood Partners, LLC"},{"label":"Rate","value":"8% per annum"},{"label":"Maturity","value":"July 18, 2024"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"17a2e6b449857aea90559b36d030726d7e23fb66","claim":"GLOBAL TECHNOLOGIES LTD entered into Convertible Note with Hillcrest Ridgewood Partners, LLC valued at $20,000 (effective 2023-07-18).","evidence_excerpt":"On July 18, 2023, the Company executed a Convertible Note payable to Hillcrest Ridgewood Partners, LLC (the “Holder”) in the principal amount of $20,000.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/932021/000149315223025244/0001493152-23-025244-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Hillcrest Ridgewood Partners, LLC"},{"label":"Value","value":"$20,000"},{"label":"Effective","value":"2023-07-18"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}