debt
confidence high
sentiment neutral
materiality 0.50
Awaysis Capital borrows $1.1M from insider entity for Casamora development
Awaysis Capital, Inc.
- Borrowed $1.1M from Harthorne Capital, controlled by CEO, CFO, and director.
- Proceeds for Casamora property development, renovations, and working capital.
- Loan expected as convertible promissory note at discount to market; terms not finalized.
- Company to amend 8-K with definitive terms once executed.