secwatch.observer — SEC 8-K summary
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Issuer:     WASTE ENERGY CORP. (WAST)
CIK:        0001515139
Form:       8-K
Filed at:   2024-03-26T23:59:59+00:00
Accession:  0001493152-24-011349
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MetaWorks converts $446K note for 11% equity stake in Fog Dog Energy Solutions
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- Converted $400K note plus accrued interest ($446K total) into 11% equity stake in Fog Dog Energy Solutions.
- CFO Swapan Kakumanu is a director and CFO of Fog Dog; related-party transaction disclosed.
- President Scott Gallagher notes total investment in Fog Dog exceeds $1.2M, driven by AI and blockchain energy demand.
- Fog Dog specializes in waste-to-energy conversion; MetaWorks aims for carbon-neutral energy for AI and Web3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1515139/000149315224011349/0001493152-24-011349-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1515139/000149315224011349/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-011349

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