debt
confidence high
sentiment neutral
materiality 0.25
HALLMARK VENTURE GROUP, INC. (HLLK): debt financing — Hallmark Venture Group issues $100K 6% demand promissory note to non-affiliate lender
HALLMARK VENTURE GROUP, INC.
- Issued $100,000 promissory note at 6% annual interest to Alpha Strategies Trading Software, Inc.
- Note matures 180 days from March 1, 2024 (August 28, 2024), payable on demand or at maturity.
- Proceeds used to reimburse lender for direct payment of company expenses; lender is not an affiliate.
- Interest compounded annually; note is prepayable without penalty and governed by Florida law.