Metavesco, Inc. incurred loan of $650,000 with Meliori Incorporated at 12.5% per annum maturing December 2, 2028.
“Treasurer and sole director. Pursuant to the terms of the Meliori SPA, the Company issued and sold to Meliori (i) a secured promissory note, in the principal amount of $650,000, for a purchase price of $597,000, reflecting a $53,000 original issue discount (the “Meliori Note”), and (ii) 1,000,000 shares of the Company’s common stock, for a purchase price”
Material Agreements
Metavesco, Inc. entered into Security Agreement with Meliori Incorporated (effective 2023-11-02).
“In connection with entry into the Meliori SPA, on November 2, 2023, the Company and Meliori entered into a Security Agreement (the "Meliori Security Agreement").”
Material Agreements
Metavesco, Inc. entered into Securities Purchase Agreement with Meliori Incorporated valued at principal amount of $650,000, for a purchase price of $597,000 (effective 2023-11-02).
“On November 2, 2023, Metavesco, Inc. (the "Company") entered into a Securities Purchase Agreement (the "Meliori SPA") by and between the Company and Meliori Incorporated ("Meliori").”
Auditor Changes
Metavesco, Inc. engaged GreenGrowth CPAs as its auditor.
“ngagement of New Independent Registered Accounting Firm On September 7, 2023, the Company’s Board of Directors appointed GreenGrowth CPAs (“GreenGrowth”) as the Company’s new independent registered accounting firm.”
Auditor Changes
Hudgens CPA, PLLC resigned as auditor of Metavesco, Inc..
“On August 25, 2023, Hudgens CPA, PLLC, resigned as the independent registered public accounting firm of Metavesco, Inc.”
Auditor Changes
Metavesco, Inc. engaged GreenGrowth as its auditor.
“ngagement of New Independent Registered Accounting Firm On September 7, 2023, the Company’s Board of Directors appointed GreenGrowth CPAs (“GreenGrowth”) as the Company’s new independent registered accounting firm.”
Auditor Changes
Hudgens CPA, PLLC resigned as auditor of Metavesco, Inc..
“On August 25, 2023, Hudgens CPA, PLLC, resigned as the independent registered public accounting firm of Metavesco, Inc. (the "Company").”
Governance Changes
Metavesco, Inc.: Amended Certificate of Incorporation to increase authorized shares from 100,000,000 to 300,000,000 (effective 2023-08-31).
“On August 31, 2023, the Board took action by written consent, which was duly approved by the Company’s shareholders, to amend the Company’s Certificate of Incorporation to amend the Articles to increase the authorized shares of Common Stock from 100,000,000 shares of Common Stock to 300,000,000 shares of Common Stock”
Governance Changes
Metavesco, Inc.: Amended Certificate of Incorporation to effect a 10-for-1 forward stock split of common stock (effective 2023-09-07).
“On September 7, 2023, the Board of Directors (the “Board”) of Metavesco, Inc. (the “Company”) took action by written consent, which was duly approved by the Company’s shareholders, to amend the Company’s Certificate of Incorporation to effect a forward stock split of the common stock, par value $0.0001 per share, of the Corporation at a ratio of 10 for 1”
Debt Financings
Metavesco, Inc. incurred loan of $30,000 with Restore Franchise Group, LLC at 3% per annum, compounded yearly maturing 1 year from the execution of the Loan Agreement, or July 10, 2024.
“the Lender promises to loan thirty thousand dollars USD ($30,000) to the Company and the Company promises to repay this principal amount to the Lender, with interest payable on the unpaid principal at the rate of 3% per annum, compounded yearly; (ii) the thirty thousand dollars USD ($30,000) will be repaid in full within 1 year from the execution of the Loan Agreement, or July 10, 2024”
Material Agreements
Metavesco, Inc. entered into Restore Franchise Group, LLC Loan Agreement with Restore Franchise Group, LLC valued at $30,000 loan at 3% per annum interest, due July 10, 2024 (effective 2023-07-10).
“On July 10, 2023, Metavesco, Inc. (the “Company”), entered into a Loan Agreement (the “Loan Agreement”) with Restore Franchise Group, LLC (the “Lender”), a limited liability company, duly organized, in good standing and existing under the laws of the state of Georgia. The Lender is wholly owned by Ryan Schadel, the Chief Executive Officer, sole director and majority stockholder of the Company. According to the terms of the Loan Agreement, (i) the Lender promises to loan thirty thousand dollars USD ($30,000) to the Company and the Company promises to repay this principal amount to the Lender, with interest payable on the unpaid principal at the rate of 3% per annum, compounded yearly; (ii) the thirty thousand dollars USD ($30,000) will be repaid in full within 1 year from the execution of the Loan Agreement, or July 10, 2024; (iii) in the event the Company defaults on the performance its obligations under the Loan Agreement, the Lender may declare the principal amount then owed under Lo”
Zindel Zelmanovitch resigned as Director and Officer at Metavesco, Inc..
“Immediately thereafter, Zindel Zelmanovitch resigned from all officer and director positions with the Company.”
Ryan Schadel was appointed as Chief Executive Officer, Secretary, and Director at Metavesco, Inc..
“appointed Buyer (Ryan Schadel) as the sole Director of the Company, and appointed Mr. Schadel as Chief Executive Officer and Secretary of the Company.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.