secwatch.observer — SEC 8-K summary
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Issuer:     DAYBREAK OIL & GAS, INC. (—)
CIK:        0001164256
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0001515971-23-000111
Event type: debt
Sentiment:  neutral
Materiality: 0.20
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Daybreak Oil and Gas enters $60K zero-interest promissory note with CEO
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- Issued $60,000 promissory note to Chairman/CEO James F. Westmoreland on July 27, 2023.
- Note matures July 27, 2024, carries no interest, fees, or penalties; prepayable anytime.
- Transaction approved by board and Nominating and Corporate Governance Committee under related-party policy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1164256/000151597123000111/0001515971-23-000111-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1164256/000151597123000111/dbrm8k073123.htm
  HTML page:      https://secwatch.observer/filing/0001515971-23-000111

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