secwatch.observer — SEC 8-K summary
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Issuer:     WASTE ENERGY CORP. (WAST)
CIK:        0001515139
Form:       8-K
Filed at:   2023-12-11T23:59:59+00:00
Accession:  0001493152-23-044413
Event type: debt
Sentiment:  neutral
Materiality: 0.10
Item codes: 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Metaworks Platforms raises $50,000 net via $52,500 convertible note
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- Issued $52,500 convertible promissory note to one U.S. subscriber; net proceeds $50,000 after $2,500 OID.
- Note bears 10% interest (22% upon default), matures September 15, 2024.
- Convertible into common stock; issuance exempt under Section 4(a)(2) and Rule 506 of Securities Act.
- Closing occurred on December 5, 2023; proceeds for general working capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1515139/000149315223044413/0001493152-23-044413-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1515139/000149315223044413/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-044413

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