secwatch.observer — SEC 8-K summary
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Issuer:     Cannabis Bioscience International Holdings, Inc. (CBIH)
CIK:        0001411057
Form:       8-K
Filed at:   2025-01-22T23:59:59+00:00
Accession:  0001683168-25-000479
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cannabis Bioscience issues 250M shares to director John Jones for $75,000 with price guarantee
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- Director John Jones purchased 250M shares at $0.0003 each for total $75,000 in private placement.
- Board authorized transaction as conflicting interest transaction under Colorado law; disinterested directors approved.
- Company must repurchase shares for $93,750 if market value below that on Dec 31, 2025, unless stock price exceeds $0.000375.
- Shares issued under exemption from registration; outstanding shares pre-issuance were 10,506,749,347.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1411057/000168316825000479/0001683168-25-000479-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1411057/000168316825000479/cannabis_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-000479

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