secwatch.observer — SEC 8-K summary
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Issuer:     My City Builders, Inc. (MYCB)
CIK:        0001556801
Form:       8-K
Filed at:   2022-08-26T23:59:59+00:00
Accession:  0001640334-22-001900
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iMine Corp subsidiary lends $358,620 to Fix Pads Holdings at 12% interest, partially assigns note
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- RAC, wholly owned subsidiary of iMine, received a promissory note from Fix Pads Holdings for $358,620 at 12% interest, due August 1, 2023.
- Note is secured by mortgages on four properties in Arkansas, Indiana, and Iowa.
- RAC partially assigned to investor Frank Campanaro the right to $179,310 in principal and half of interest payments.
- Net effect: iMine disposed $175,006.56 cash and acquired $179,310 in secured note receivable.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1556801/000164033422001900/0001640334-22-001900-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1556801/000164033422001900/jrvs_8k.htm
  HTML page:      https://secwatch.observer/filing/0001640334-22-001900

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