secwatch.observer — SEC 8-K summary
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Issuer:     HALLMARK VENTURE GROUP, INC. (HLLK)
CIK:        0001331421
Form:       8-K
Filed at:   2026-06-03T00:00:00+00:00
Accession:  0001493152-26-026929
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1331421/000149315226026929/0001493152-26-026929-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1331421/000149315226026929/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-026929

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer