---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-22-009312"
form_type: "8-K"
ticker: "GFLT"
cik: "0001796949"
company_name: "GenFlat Holdings, Inc."
filed_at: "2022-07-06T23:59:59+00:00"
generated_at: "2026-06-24T21:01:38.863343+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Healthcare Business Resources issues $100K convertible note; CEO pledges 11M shares

## Summary
- $100K revolving credit line from Joel Arberman, 8% interest, matures July 1, 2023.
- CEO Stephen Epstein pledges 11M shares of common stock as security under stock pledge agreement.
- Note convertible at $0.01/share; up to ~10.8M shares issuable upon full conversion.
- Lender can appoint two board members while any balance is outstanding.
- Proceeds used only for expenses approved by the lender.

## SEC filing metadata
- accession: 0001654954-22-009312
- form_type: 8-K
- ticker: GFLT
- cik: 0001796949
- company_name: GenFlat Holdings, Inc.
- filed_at: 2022-07-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1796949/000165495422009312/0001654954-22-009312-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1796949/000165495422009312/hbr_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-22-009312
- JSON: https://secwatch.observer/filing/0001654954-22-009312.json
- Plain text: https://secwatch.observer/filing/0001654954-22-009312.txt

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