secwatch.observer — SEC 8-K summary
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Issuer:     Bubblr Inc. (BBLR)
CIK:        0001873722
Form:       8-K
Filed at:   2022-12-23T23:59:59+00:00
Accession:  0001663577-22-000718
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bubblr UK reduces insider loan by £59.5K via assignment of receivables
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- Third amendment to loan with officer Stephen Morris reduces principal by £59,543 (~$71,540) in exchange for assigning advances receivables.
- After assignment, Bubblr UK has no rights to these receivables; Morris bears non-payment risk.
- Prior amendments: loan changed from demand to maturity condition, and increased by £52,088 for cancellation of preferred stock.
- Outstanding principal after reduction is approximately £309,000 (previously £368,623 after September increase).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1873722/000166357722000718/0001663577-22-000718-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1873722/000166357722000718/bblr8k.htm
  HTML page:      https://secwatch.observer/filing/0001663577-22-000718

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