{"schema_version":"secwatch.filing_event.v1","accession":"0001731122-26-000008","form_type":"8-K","ticker":null,"cik":"0001885849","company_name":"Tofla Megaline Inc.","filed_at":"2026-01-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.678406+00:00","generated_at":"2026-05-16T11:50:50.680539+00:00","sec_items":["2.04"],"event_type":"debt","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Tofla Megaline in default on $524K convertible notes; lenders demand $863K","bullets":["Received default notice on three convertible promissory notes issued Jan 17, 2025, matured March 31, 2025, with principal $524,000.","Claimed default amount as of Dec 1, 2025 is $863,497.40, after partial payment of $85,000 on Nov 7, 2025.","Five business day cure period ending Jan 5, 2026; failure allows acceleration and enforcement on collateral at Peachtree Street NE, Atlanta.","Default Notice reinstates prior default notices; partial payment did not cure or extend deadlines.","Holders may seek conversion rights, collection actions, legal enforcement, and attorney's fees."],"urls":{"canonical":"https://secwatch.observer/filing/0001731122-26-000008","json":"https://secwatch.observer/filing/0001731122-26-000008.json","markdown":"https://secwatch.observer/filing/0001731122-26-000008.md","text":"https://secwatch.observer/filing/0001731122-26-000008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1885849/000173112226000008/0001731122-26-000008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1885849/000173112226000008/e7099_8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:50:50.680539+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9814cdcaf583587e81f200353250f826b8413667","claim":"Tofla Megaline Inc. reported a default on convertible notes of $524,000 with three lenders at 150% Default Amount Due maturing March 31, 2025.","evidence_excerpt":"from December 26, 2025, during which the Company may remit full payment of all outstanding amounts to cure the default. The Default Notice related to the principal amount of $524,000 due under the Notes provided by three lenders with a claimed 150% Default Amount Due (as of December 1, 2025) totaling $863,497.40, after giving effect to a partial payment of","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1885849/000173112226000008/0001731122-26-000008-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$524,000"},{"label":"Counterparty","value":"three lenders"},{"label":"Rate","value":"150% Default Amount Due"},{"label":"Maturity","value":"March 31, 2025"},{"label":"Event","value":"default"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}