secwatch.observer — SEC 8-K summary
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Issuer:     FULLNET COMMUNICATIONS INC (FULO)
CIK:        0001092570
Form:       8-K
Filed at:   2022-12-22T23:59:59+00:00
Accession:  0001720088-22-000035
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1092570/000172008822000035/0001720088-22-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1092570/000172008822000035/saleequitysecurities2022_8k.htm
  HTML page:      https://secwatch.observer/filing/0001720088-22-000035

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