secwatch.observer — SEC 8-K summary
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Issuer:     VIP Play, Inc. (VIPZ)
CIK:        0001832161
Form:       8-K
Filed at:   2024-03-29T23:59:59+00:00
Accession:  0001493152-24-011899
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KeyStar Corp borrows additional $350k under demand note; total outstanding $4.81M
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- Borrowed $350k on March 27, 2024 under Fifth Amended Note with Excel Family Partners.
- Total outstanding principal balance now $4,810,000 as of March 29, 2024.
- Note bears fixed interest at 15% per annum, payable monthly, due on demand.
- Excel may convert debt into shares at 80% of lowest recent price per share in prior 24 months.
- Prepayment requires prior written notice and payment of accrued interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1832161/000149315224011899/0001493152-24-011899-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1832161/000149315224011899/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-011899

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