---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-015117"
form_type: "8-K"
ticker: "HLLK"
cik: "0001331421"
company_name: "HALLMARK VENTURE GROUP, INC."
filed_at: "2024-04-18T23:59:59+00:00"
generated_at: "2026-06-03T18:26:27.588475+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Hallmark Venture cancels $8,130 debt via agreement with Phase I Operations

## Summary
- Debt Cancellation Agreement executed April 10, 2024 with Phase I Operations, Inc.
- Remaining $8,130 balance on 10% Convertible Promissory Note (issued March 2017) canceled.
- Note was assigned to Phase I Operations on March 7, 2023; no further payments due.
- Agreement includes mutual release and waiver of all claims related to the note.

## SEC filing metadata
- accession: 0001493152-24-015117
- form_type: 8-K
- ticker: HLLK
- cik: 0001331421
- company_name: HALLMARK VENTURE GROUP, INC.
- filed_at: 2024-04-18T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1331421/000149315224015117/0001493152-24-015117-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1331421/000149315224015117/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-015117
- JSON: https://secwatch.observer/filing/0001493152-24-015117.json
- Plain text: https://secwatch.observer/filing/0001493152-24-015117.txt

## Key facts
- Material Agreements
  HALLMARK VENTURE GROUP, INC. entered into Debt Cancellation Agreement with Phase I Operations, Inc. valued at $8,130 of remaining debt canceled (effective 2024-04-10).
  - Action: entry
  - Counterparty: Phase I Operations, Inc.
  - Value: $8,130 of remaining debt canceled
  - Effective: 2024-04-10
  source text: On April 10, 2024, Hallmark Venture Group, Inc (the “Company”) entered into a Debt Cancellation Agreement with Phase I Operations, Inc ., a non-affiliate of the Company. $8,130 of remaining debt was canceled.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1331421/000149315224015117/0001493152-24-015117-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.