secwatch.observer — SEC 8-K summary
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Issuer:     VNUE, Inc. (RDCT)
CIK:        0001376804
Form:       8-K
Filed at:   2022-05-27T23:59:59+00:00
Accession:  0001829126-22-011987
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 3.02, 3.03, 5.01, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vnue issues Series C Preferred with super-voting rights to three insiders, granting them majority control
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- 1,000 shares of Series C Preferred issued to each of CEO Zach Bair, CCO Anthony Cardenas, and EVP Lou Mann for services.
- Each Series C share carries 1,000,000 votes; combined 3,000,000,000 votes give three holders majority voting power.
- Shares are convertible into common stock on a 1:1 basis; Certificate of Designation filed with Nevada Secretary of State.
- Issuance exempt from registration under Section 4(a)(2) and Regulation D; securities bear restrictive legend.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376804/000182912622011987/0001829126-22-011987-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376804/000182912622011987/vnueinc_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-22-011987

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