secwatch.observer — SEC 8-K summary
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Issuer:     Bubblr Inc. (BBLR)
CIK:        0001873722
Form:       8-K
Filed at:   2022-09-08T23:59:59+00:00
Accession:  0001663577-22-000522
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bubblr cancels super-voting preferred stock, secures new $500K director loan, authorizes reverse split up to 1:150
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- Director Stephen Morris cancels Special 2019 Series A Preferred Stock (super voting rights) in exchange for adding £52,088 ($60,000) to existing loan principal.
- New unsecured, zero-interest, non-convertible loan of £434,060 ($500,000) from Morris to subsidiary Bubblr Limited, due in 3 years.
- GHS Investments waives borrowing cap over $200,000 in Series C Preferred Stock terms, receiving 281,000 common shares as consideration.
- Board authorizes reverse stock split with ratio from 1:10 to 1:150, effective within 12 months; holder of Series A Preferred consented.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1873722/000166357722000522/0001663577-22-000522-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1873722/000166357722000522/bblr8k.htm
  HTML page:      https://secwatch.observer/filing/0001663577-22-000522

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