debt
confidence high
sentiment neutral
materiality 0.40
HyOrc amends promissory note: maturity extended to March 2027, principal raised to $165K
HyOrc Corp
- Maturity extended from Sept 13, 2026 to March 13, 2027 on $165K note (up from $150K).
- $15K added to principal; interest stays at 12% per annum.
- 250,000 returnable shares of common stock become permanent property of GS Capital.
- Amendment effective before any event of default; no default for nonpayment on original due date.