Michael Singh
In addition to being a Co-Chief Executive Officer, (a) Mr. Singh will also remain as Chairman of the Board of Directors and (b) Dr. Trumbach will also remain as Chief Financial Officer but will relinquish his title of President.
Highest-materiality recent filing
Awaysis Capital subsidiary enters $2.05M credit facility for Belize condo renovation
Borrowings of BZD $4,103,000 (~US$2,051,500) from Belize Bank Limited.
Awaysis Capital borrows $50K from Chairman Kini; discloses $20K prior note from affiliate
On March 31, 2026, Awaysis Capital issued a $50,000 promissory note to Chairman Narendra Kini at 8% interest, due May 15, 2026.
Amends Chial Mountain purchase notes: maturity earlier of Feb 28, 2026 or NYSE American uplisting.
Awaysis Capital extends reverse split deadline to March 31, 2026
Board and majority stockholders approved extension to effect 1-for-20 reverse split.
Extended First and Second Promissory Notes (total ~$2.065M) to earlier of Nov 30, 2025 or NYSE American listing.
Awaysis Capital board flags appraisal errors, waives $6.1M in notes due
Board identified material inconsistencies in appraisals of Chial Reserve Assets (acquired for ~$4.47M); ordered new appraisals.
Awaysis Capital extends maturity of $3M secured note to August 31, 2025
Borrowed $3,000,000 from BOS Investments Belize; third amendment moves maturity from July 31 to August 31, 2025.
Awaysis Capital extends maturity of $3M secured promissory note to July 31, 2025
Borrowed $3,000,000 from BOS Investment Inc.; note maturity extended one month to July 31, 2025.
Awaysis Capital issues $150K convertible note to Co-CEO at $0.16/share, 12% interest
Convertible promissory note to Co-CEO/CFO Andrew Trumbach for $150,000, dated April 10, 2025.
Awaysis Capital extends maturity of $3M note to June 1, 2025
Amended Secured Promissory Note with BOS Investment Inc. for $3,000,000.
Awaysis Capital extends maturity of $1.5M secured note to July 15, 2025
Amendment dated Feb 15, 2025 extends maturity of $1.5M zero-interest secured promissory note to earlier of July 15, 2025 or NYSE American listing.
Awaysis Capital acquires Chial Properties in Belize for $5.5M from Chairman Michael Singh
Total purchase price $5.5M: $2.4M cash, $1.5M secured promissory note (0% interest, due Feb 2025 or uplisting), $1.6M convertible note (3.5%, due June 2025).
Awaysis Capital subsidiary acquires rights to buy 157 Belize acres for ~$408K from affiliate
Assignment grants Awaysis Belize right to purchase 157 undeveloped acres in Cayo District adjacent to Chial Reserve.
Awaysis Capital completes $5.5M acquisition of Chial Mountain assets in Belize via insider notes
Purchase price $5.5M: $2.4M cash, $1.5M zero-interest promissory note, $1.6M convertible note at 3.5% to Chairman/Co-CEO Michael Singh.
Awaysis Capital borrows $2.75M from affiliate BOS Investment under secured line of credit
Borrowed $2,750,000 from BOS Investment Inc. under a $3,000,000 secured promissory note, replacing prior $250,000 note.
Awaysis Capital borrows $250K from affiliate under $5M line of credit; secured by all assets
Initial $250K tranche borrowed from BOS Investment (affiliate of Chairman Michael Singh) under a planned $5M line of credit.
Awaysis Capital stockholders approve up to 1-for-20 reverse stock split
Stockholders representing ~84% of outstanding shares (298M of 352M) approved the action.
Awaysis Capital issues 31.7M shares to three executives for past-due compensation totaling $7.8M
Michael Singh (Chairman/Co-CEO) received 14,071,153 shares for $3,469,665 in accrued salary and bonuses from Sep 2022 to Jun 2024.
Awaysis Capital borrows $1.1M from insider Harthorne via convertible note at 12% interest
Principal $1.1M, 12% simple interest per annum, matures July 30, 2025.
Awaysis Capital appoints Singh and Trumbach as Co-CEOs; Trumbach ceases as President
Effective June 29, 2024, Michael Singh (Chairman/CEO) and Andrew Trumbach (President/CFO) become Co-Chief Executive Officers.
Awaysis Capital borrows $1.1M from insider entity for Casamora development
Borrowed $1.1M from Harthorne Capital, controlled by CEO, CFO, and director.
In addition to being a Co-Chief Executive Officer, (a) Mr. Singh will also remain as Chairman of the Board of Directors and (b) Dr. Trumbach will also remain as Chief Financial Officer but will relinquish his title of President.
In addition to being a Co-Chief Executive Officer, (a) Mr. Singh will also remain as Chairman of the Board of Directors and (b) Dr. Trumbach will also remain as Chief Financial Officer but will relinquish his title of President.
Max materiality 0.75 · Median 0.45 · Most common event debt