other material
confidence high
sentiment neutral
materiality 0.85
HFactor, Inc.: M&A transaction — HFactor changes control; Bearface LLC invests $600k; Dawn Cames sole director
HFactor, Inc.
- Bearface LLC purchased 600,000 shares at $1.00/share ($600k); Dawn Cames became controlling shareholder via Series C stock.
- All prior officers/directors resigned; Gail Levy appointed President with $120k/year salary.
- Auditor Bolko resigned Oct 2023; Integrität Audit engaged Mar 2024.
- Issued 2,000 Series D Preferred and 1,933,333 common shares to consultants.
- Settlement agreements canceled $405,918 note and $375,000 salary (Propper) and $90,000 note (Lemen) for Series D shares.