other material
confidence high
sentiment neutral
materiality 0.55
Limitless X enters $200K CEO note, appoints Arthur Sarkissian to board, hires consultant
Limitless X Holdings Inc.
- CEO Jaspreet Mathur provides $200K promissory note at 12%, due June 2025 or $1M raise; receives 70K restricted shares.
- Kenneth Haller resigns as director and President; no disagreement with the company.
- Arthur Sarkissian elected to board effective Jan 1, 2025; receives 100,000 restricted shares.
- Engages Kourous Ghasaban as consultant; $1M in restricted shares over 3 years; first issuance 208,334 shares.