secwatch.observer — SEC 8-K summary
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Issuer:     QHSLab, Inc. (USAQ)
CIK:        0000856984
Form:       8-K
Filed at:   2023-10-06T23:59:59+00:00
Accession:  0001493152-23-036453
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QHSLab reduces note conversion price to $0.025 on $10,500; in default on $806K and $440K notes
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- On Oct 5, 2023, QHSLab reduced conversion price on $10,500 of $806K Note to $0.025 per share at holder's request.
- Remaining balances of $806K Note and $440K Second Note stay convertible at $0.20 per share.
- Company is in default on both Notes; further holder actions or concessions are possible.
- Conversion price reduction to $0.025 increases potential dilution for existing shareholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/856984/000149315223036453/0001493152-23-036453-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/856984/000149315223036453/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-036453

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