secwatch.observer — SEC 8-K summary
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Issuer:     Cannabis Bioscience International Holdings, Inc. (CBIH)
CIK:        0001411057
Form:       8-K
Filed at:   2024-08-22T23:59:59+00:00
Accession:  0001683168-24-005950
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cannabis Bioscience appoints John Jones director/treasurer; awards 125M shares annually; adopts clawback policy
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- John Jones appointed director and treasurer; agrees to make $37,500 payment under Diagonal SPA by Sept 15, 2024.
- Jones and Kamienski reduce note interest to 2.5% monthly, monthly payment to $5,000 on $291,451 principal note.
- Jones to receive 125M shares of common stock annually on each May 31 from 2025-2028 if serving as treasurer.
- Jose Torres receives 125M shares for 2024 secretary services, with similar amounts in 2025-2027.
- Vita Biotech to pay Alpha $50,000/month for 4-month term for clinical trials; Series B Preferred shares increased to 2,000.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1411057/000168316824005950/0001683168-24-005950-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1411057/000168316824005950/cannabisbio_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-005950

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