---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-026929"
form_type: "8-K"
ticker: "HLLK"
cik: "0001331421"
company_name: "HALLMARK VENTURE GROUP, INC."
filed_at: "2026-06-03T00:00:00+00:00"
generated_at: "2026-06-03T10:05:55.603347+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Hallmark Venture sells impaired $100K note to related party SB Tech for $1,000

## Summary
- Assigned Traderverse promissory note (original $100K, 8% interest, matured Oct 29, 2024) to SB Technology Holdings for $1,000 cash.
- Outstanding balance ~$113,752 ($100K principal + $13,752 accrued interest); note impaired and written down on books.
- Transaction is a related party due to common officer/director Paul Strickland; board approved under Fla. law.
- Assignment is non-recourse, 'as is, where is'; SB Tech assumes all risk of non-collection.

## SEC filing metadata
- accession: 0001493152-26-026929
- form_type: 8-K
- ticker: HLLK
- cik: 0001331421
- company_name: HALLMARK VENTURE GROUP, INC.
- filed_at: 2026-06-03T00:00:00+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1331421/000149315226026929/0001493152-26-026929-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1331421/000149315226026929/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-026929
- JSON: https://secwatch.observer/filing/0001493152-26-026929.json
- Plain text: https://secwatch.observer/filing/0001493152-26-026929.txt

## Key facts
- Material Agreements
  HALLMARK VENTURE GROUP, INC. entered into Assignment of Debt Agreement with SB Technology Holdings, Inc. valued at $1,000 in cash (effective 2026-05-28).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: SB Technology Holdings, Inc.
  - Value: $1,000 in cash
  - Effective: 2026-05-28
  source text: On May 28, 2026, Hallmark Venture Group, Inc. (the “Company” or “HLLK”) entered into an Assignment of Debt Agreement (the “Assignment Agreement”) with SB Technology Holdings, Inc., a Florida corporation whose common stock is quoted on the OTC Markets under the symbol “VGLS” (“SB Tech”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1331421/000149315226026929/0001493152-26-026929-index.htm

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