---
schema_version: "secwatch.filing_event.v1"
accession: "0001663577-22-000128"
form_type: "8-K"
ticker: "QIND"
cik: "0001393781"
company_name: "Quality Industrial Corp."
filed_at: "2022-02-28T23:59:59+00:00"
generated_at: "2026-06-27T03:31:43.652293+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Wikisoft acquires 51% membership interest in Etheralab LLC for $510K in stock, plus IP license

## Summary
- Issued 2,550,000 common shares at $0.20/share (aggregate $510,000) for 51% membership interest in Etheralab LLC.
- Also obtained non-exclusive, worldwide license to Etheralab's blockchain and AmpliFi press release distribution IP.
- Technology expected to power wikifunding platform and provide PR service to 90M businesses in Wikisoft database.
- Shares are restricted with a 2-year lockup; transaction closed on Feb 28, 2022.
- Company expects acquisition to be accretive to earnings within two years.

## SEC filing metadata
- accession: 0001663577-22-000128
- form_type: 8-K
- ticker: QIND
- cik: 0001393781
- company_name: Quality Industrial Corp.
- filed_at: 2022-02-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1393781/000166357722000128/0001663577-22-000128-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1393781/000166357722000128/wsft8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001663577-22-000128
- JSON: https://secwatch.observer/filing/0001663577-22-000128.json
- Plain text: https://secwatch.observer/filing/0001663577-22-000128.txt

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