secwatch.observer — SEC 8-K summary
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Issuer:     VIP Play, Inc. (VIPZ)
CIK:        0001832161
Form:       8-K
Filed at:   2024-02-28T23:59:59+00:00
Accession:  0001493152-24-008219
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KeyStar amends $1.7M promissory note with former CEO Linss; new monthly payment schedule
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- Promissory note amended Feb 19, 2024; $425,000 paid on or before Feb 27, 2024.
- Monthly principal+interest payments of $59,665.09 begin April 1, 2024.
- Maturity date is earliest of April 1, 2026, uplisting, or change of control.
- Original note dated Feb 27, 2023 for $1.7M at 5% interest from stock redemption of 3,313,333 Series C shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1832161/000149315224008219/0001493152-24-008219-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1832161/000149315224008219/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-008219

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