---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-026376"
form_type: "8-K"
ticker: "WAST"
cik: "0001515139"
company_name: "WASTE ENERGY CORP."
filed_at: "2024-07-05T23:59:59+00:00"
generated_at: "2026-05-31T23:20:27.949982+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# MetaWorks Platforms closes $115,200 convertible promissory note, netting $90,000

## Summary
- Principal $115,200, original issuance discount $19,200, net proceeds $90,000.
- Interest 10% p.a. (default rate 22%); matures May 15, 2024.
- Convertible into common shares only upon default; exempt under Rule 506.
- Single subscriber (U.S. person) under Section 4(a)(2).

## SEC filing metadata
- accession: 0001493152-24-026376
- form_type: 8-K
- ticker: WAST
- cik: 0001515139
- company_name: WASTE ENERGY CORP.
- filed_at: 2024-07-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1515139/000149315224026376/0001493152-24-026376-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1515139/000149315224026376/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-026376
- JSON: https://secwatch.observer/filing/0001493152-24-026376.json
- Plain text: https://secwatch.observer/filing/0001493152-24-026376.txt

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