---
schema_version: "secwatch.filing_event.v1"
accession: "0001720088-22-000035"
form_type: "8-K"
ticker: "FULO"
cik: "0001092570"
company_name: "FULLNET COMMUNICATIONS INC"
filed_at: "2022-12-22T23:59:59+00:00"
generated_at: "2026-06-20T23:50:13.505490+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# FullNet issues 50,000 preferred shares to retire $50K related-party debt

## Summary
- Issued 50,000 restricted Series A Convertible Preferred shares in exchange for $50,000 of indebtedness from a related party.
- No commissions or other remuneration paid; issuance exempt under Section 4(a)(2) of the Securities Act.
- Following the exchange, 618,257 shares of Series A Convertible Preferred Stock remain outstanding.

## SEC filing metadata
- accession: 0001720088-22-000035
- form_type: 8-K
- ticker: FULO
- cik: 0001092570
- company_name: FULLNET COMMUNICATIONS INC
- filed_at: 2022-12-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1092570/000172008822000035/0001720088-22-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1092570/000172008822000035/saleequitysecurities2022_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001720088-22-000035
- JSON: https://secwatch.observer/filing/0001720088-22-000035.json
- Plain text: https://secwatch.observer/filing/0001720088-22-000035.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.