{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-009198","form_type":"8-K","ticker":"VIPZ","cik":"0001832161","company_name":"VIP Play, Inc.","filed_at":"2024-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.830253+00:00","generated_at":"2026-06-05T01:51:51.728813+00:00","sec_items":["2.03","5.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"KeyStar Corp borrows additional $2.975M under credit line, appoints James Mackey as CFO","bullets":["James Mackey appointed CFO effective March 1, 2024; annual salary $275,000.","Mackey previously EVP & CFO for Wells Fargo Consumer Lending and CFO of Freddie Mac.","Total outstanding under Fifth Amended Note with Excel Family Partners reaches $4,088,800.","Six new borrowings from Jan 4 to Feb 27, 2024 added $2.975M to prior $1,135,000 balance.","Note is a discretionary non-revolving line of credit with principal limit of $2,000,000."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-009198","json":"https://secwatch.observer/filing/0001493152-24-009198.json","markdown":"https://secwatch.observer/filing/0001493152-24-009198.md","text":"https://secwatch.observer/filing/0001493152-24-009198.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1832161/000149315224009198/0001493152-24-009198-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1832161/000149315224009198/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T01:51:51.728813+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":"302b524d7f29038d89e9f8b380f53af6e93c0244","claim":"VIP Play, Inc. incurred debt of $2,000,000 with Excel Family Partners, LLLP.","evidence_excerpt":"In a Current Report on Form 8-K filed on January 4, 2024, KeyStar Corp., a Nevada corporation (the “ Company, ” “ we ” or “ our ”) disclosed that on December 29, 2023 the Company entered into a Fifth Amended and Restated Discretionary Non-Revolving Line Of Credit Demand Note with Excel Family Partners, LLLP, a Florida limited liability limited partnership in the principal amount of not more than $2,000,000 (the “ Note ”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1832161/000149315224009198/0001493152-24-009198-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Principal","value":"$2,000,000"},{"label":"Counterparty","value":"Excel Family Partners, LLLP"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"4231229afa","claim":"James Mackey was appointed as Chief Financial Officer, Principal Financial and Accounting Officer and Treasurer at VIP Play, Inc..","evidence_excerpt":"On March 1, 2024, the board of directors of the Company (the “ Board ”) appointed James Mackey (“ Mackey ”) as the Company’s new Chief Financial Officer, Principal Financial and Accounting Officer and Treasurer, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1832161/000149315224009198/0001493152-24-009198-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer, Principal Financial and Accounting Officer and Treasurer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}