{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-24-003170","form_type":"8-K/A","ticker":null,"cik":"0001508786","company_name":"SILVERTON ENERGY, INC.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.738880+00:00","generated_at":"2026-06-02T05:38:10.847243+00:00","sec_items":["101.1","2.01","1.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Silverton Energy acquires AHIC and Agrawal oil & gas leases; $81M and $3.5M notes","bullets":["Acquired AHIC Oklahoma oil & gas leases for $81M via 20-year non-interest bearing promissory note secured by assets; credit for investor intros.","Acquired Agrawal working/royalty interests for $3.5M via convertible note into Class A common at market value within 13 months; $150K due in 6 months.","Corrected ownership: CEO Samuel Smith 32,003,266 Class A shares (33.6%), COO John Long 30,000,000 (31.5%); total issued 95,100,000 shares.","Assets held in escrow until full payment; AHIC can foreclose or convert $81M to preferred stock after 2044 default."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-24-003170","json":"https://secwatch.observer/filing/0001683168-24-003170.json","markdown":"https://secwatch.observer/filing/0001683168-24-003170.md","text":"https://secwatch.observer/filing/0001683168-24-003170.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1508786/000168316824003170/0001683168-24-003170-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1508786/000168316824003170/silverton_8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T05:38:10.847243+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"96ea847c58fe3748d7d2768c0c1156dd9b0b2063","claim":"SILVERTON ENERGY, INC. entered into Agrawal Acquisition Agreement with Kris Agrawal and Kris K. Agrawal, et al, Exxon Oil & Gas, Inc., Vance-1 Properties, LLC valued at $3,500,000.00 (effective 2024-04-04).","evidence_excerpt":"On May 01, 2024, the Company entered into an \"Acquisition Agreement\" between AHIC and SLTN, as the \"Buyer\" and Kris Agrawal and Kris K. Agrawal, et al, Exxon Oil & Gas, Inc., Vance-1 Properties, LLC, as the \"Seller\" (the Agrawal Acquisition Agreement\"), with an effective date of April 04, 2024","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1508786/000168316824003170/0001683168-24-003170-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Kris Agrawal and Kris K. Agrawal, et al, Exxon Oil & Gas, Inc., Vance-1 Properties, LLC"},{"label":"Value","value":"$3,500,000.00"},{"label":"Effective","value":"2024-04-04"}],"fact_type":"material_agreement"},{"claim_id":"c5c2ddb145bd3ca53b34fbf87f07456ec39ff399","claim":"SILVERTON ENERGY, INC. entered into AHIC Acquisition Agreement with American Heritage Investment Capital, LP. (\"AHIC\") valued at $81,000,000 (effective 2024-05-01).","evidence_excerpt":"On May 01, 2024, the Company entered into an \"Acquisition Agreement\" between the Company as the Buyer, and American Heritage Investment Capital, LP. (\"AHIC\"), (the \"AHIC Acquisition Agreement\"","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1508786/000168316824003170/0001683168-24-003170-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"American Heritage Investment Capital, LP. (\"AHIC\")"},{"label":"Value","value":"$81,000,000"},{"label":"Effective","value":"2024-05-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}