Bruce A. Cassidy
Effective June 2, 2025, Mr. Bruce A. Cassidy resigned as our interim Chief Executive Officer and Principal Executive Officer.
Highest-materiality recent filing
VIP Play borrows additional $1.17M under related-party convertible note; total $25.7M
Borrowed $1,170,000 in five draws under convertible note from April 27 to June 17, 2026.
VIP Play amends note disclosure; outstanding principal reaches $23.3M as of Feb 2026
Aggregate outstanding principal of convertible note with Excel Family Partners is $23,286,313 as of Feb 19, 2026.
VIP Play reports $24.5M outstanding under convertible note; additional draws of $1.2M since Feb 2026
Outstanding principal on convertible note with Excel Family Partners reached $24.5M as of April 20, 2026, up from $12.1M at inception.
VIP Play borrows additional $1.5M under related-party convertible note; total outstanding $23.3M
As of Feb 19, 2026, aggregate outstanding principal under convertible note with Excel Family Partners (related party) is $23,286,313.
Outstanding principal on convertible demand note from Excel Family Partners (related party) is $21,786,313 as of Jan 5, 2026.
VIP Play draws additional $1M under convertible note; total outstanding $20.7M as of Dec 3, 2025
Aggregate outstanding principal under convertible note with Excel Family Partners reached $20,665,313 as of Dec 3, 2025.
On Oct 24, 2025, Wheeling Island Gaming terminated the Dec 2024 online gaming agreement for failure to meet Go-Live Date.
VIP Play borrows additional $810K under convertible note with related party; total $19.7M
Borrowed $810,378 in three draws from Oct 10-24, 2025 under existing convertible note with Excel Family Partners.
VIP Play dismisses Grassi & Co., hires Frank Rimerman; cites ongoing material weaknesses
Dismissed Grassi & Co. as independent auditor effective Oct 15, 2025; board approved change.
VIP Play increases stock plan shares to 18.25M; awards 7.28M RSUs to CEO, 500K to VP
Board approved increase in 2023 Stock Plan shares from 5,960,000 to 18,250,000; subject to stockholder approval within 12 months.
VIP Play borrows additional $926k under convertible note; total outstanding $18.8M
Outstanding principal on convertible note to Excel Family Partners rose to $18,846,665 as of Oct 3, 2025, after $926k in draws Sept 19-Oct 1.
VIP Play borrows additional $630K under related-party convertible note; total $17.9M
Borrowed $630,000 in three draws from Aug 27 to Sep 10, 2025 under demand note with Excel Family Partners.
VIP Play extends convertible notes maturity to 2026, amends conversion price, obtains $100K new loan
Hackel and Access notes maturity extended to Aug 31, 2026; Colletti note to Oct 1, 2025.
Borrowed $824,665 in four draws from Aug 1-20, 2025 under discretionary convertible note from Excel Family Partners.
VIP Play CFO resigns effective Aug 8; convertible note balance rises to $16.5M
CFO James Mackey resigning effective August 8, 2025; no separation agreement; CEO Les Ottolenghi thanks him.
VIP Play draws additional $515K under convertible note; total principal $15.7M
Aggregate outstanding principal under note is $15,676,000 as of July 3, 2025, up $515,000 from two draws in late June/early July.
Borrowed $650K in two draws on June 10 and June 18, 2025 under existing note with Excel Family Partners (controlled by director Bruce Cassidy).
VIP Play appoints Les Ottolenghi as CEO; Bruce Cassidy resigns
Bruce Cassidy resigned as interim CEO effective June 2, 2025, remains sole director and Secretary.
VIP Play enters convertible note with CEO-controlled entity; $12.6M outstanding at 12% interest
Note with Excel Family Partners (controlled by CEO Bruce Cassidy) for up to $14M; outstanding $12.6M as of Apr 17.
VIP Play obtains interim WV i-Gaming and sportsbook license, expands beyond TN
Approved interim license in West Virginia for both sports wagering and i-Gaming managed services.
VIP Play amends convertible credit line to $14M; CEO's entity holds $12.1M outstanding
Amends prior $5M note from August 2024; new principal limit $14M with Excel Family Partners, controlled by CEO Bruce Cassidy.
VIP Play draws additional $740K from CEO affiliate note; balance rises to $11.68M
Borrowings under convertible note with CEO's affiliate Excel reach $11.68M, up from $4.41M at inception.
VIP Play borrows $773K more under convertible note; total debt hits $10.9M
Borrowed $773K in four draws (Feb 20–Mar 5, 2025) under $5M discretionary convertible note from Excel Family Partners, controlled by CEO Bruce Cassidy.
VIP Play borrows additional $400K under convertible note from CEO, total $10.17M
Borrowed $190K on Feb 3 and $210K on Feb 12, 2025 under discretionary line of credit with Excel Family Partners, controlled by CEO Bruce Cassidy.
VIP Play enters into amended sports betting solution agreement with Sports Information Services
Five-year term after first live launch for sports betting solution in multiple states.
VIP Play borrows additional $480k under convertible note; total $8.67M
Borrowed $250k on Dec 27, 2024 and $230k on Jan 2, 2025 under convertible line with Excel Family Partners.
VIP Play signs online gaming pact with Wheeling Island for West Virginia market
10-year agreement dated Dec 9, 2024 gives VIP Play rights to offer poker, casino & sports wagering under Wheeling Island's license.
VIP Play borrows additional $725K under convertible note; total outstanding $7.685M
Borrowed additional $725,000 on Nov 22, 2024 under existing $5M convertible revolving line of credit.
VIP Play entered a 4-year sports betting solution agreement with Kambi Group (via Sports Information Services).
VIP Play increases related-party convertible note to $6.785M; borrows additional $275K
Outstanding principal under convertible demand note with Excel Family Partners (controlled by CEO) now $6,785,000 as of Oct 30, 2024.
VIP Play borrows $225k more under CEO-related convertible note; total $6.51M outstanding
Borrowed $100,000 on Oct 11 and $125,000 on Oct 17, 2024, under existing discretionary convertible note with Excel Family Partners (CEO Bruce Cassidy controls Excel).
VIP Play borrows additional $550K from insider convertible note; total $6.285M
Borrowed $550,000 on Sept 26, 2024 under discretionary convertible note with CEO's entity Excel Family Partners.
KeyStar restates Q1 2024; $4.4M derivative error; new $5M credit line from CEO affiliate
Derivative liability understated by $4,388,883 for three and nine months ended March 31, 2024; loss on change in fair value also understated.
KeyStar Corp. borrows additional $425K under line of credit; total outstanding $8.52M
Borrowed $425,000 on July 25, 2024 under existing $2M credit line with Excel Family Partners.
Restates fiscal year ended June 30, 2022 due to overstatement of Series B preferred stock value by $747,102.
Effective June 2, 2025, Mr. Bruce A. Cassidy resigned as our interim Chief Executive Officer and Principal Executive Officer.
The Company entered into an Employment Agreement with Mr. Les Ottolenghi (the " Agreement ") in connection with his appointment by our board of directors as our new Chief Executive Officer, Principal Executive Officer and President, effective as of June 2, 2025.
On March 1, 2024, the board of directors of the Company (the “ Board ”) appointed James Mackey (“ Mackey ”) as the Company’s new Chief Financial Officer, Principal Financial and Accounting Officer and Treasurer, effective immediately.
Effective January 29, 2024, Mr. Walter Tabaschek (“ Tabaschek ”) resigned as KeyStar Corp’s., a Nevada corporation (the “ Company ”) Chief Financial Officer, Principal Financial Officer, Principal Accounting Officer and Treasurer.
In connection with Thomas’ resignation, Bruce Cassidy was appointed as the interim Chief Executive Officer of the Company.
Effective October 31, 2023, Mr. Mark Thomas (“ Thomas ”) resigned as KeyStar Corp’s., a Nevada corporation (the “ Company ”) Chief Executive Officer, Principal Executive Officer, President, Chief Technology Officer, interim Chief Financial Officer and interim Treasurer.
On November 2, 2023, the Board appointed Walter Tabaschek (“ Tabaschek ”) as the new Chief Financial Officer, Principal Financial and Accounting Officer and Treasurer of the Company. Tabaschek’s employment begins November 17, 2023.
In connection with these appointments, Bruce Cassidy resigned as the interim Chief Financial Officer of the Compan
On November 1, 2023, the board of directors of the Company (the “ Board ”) appointed Jacob Shrader (“ Shrader ”) as the Company’s new Chief Operations Officer, effective immediately.
On and effective as of September 15, 2023, Anthony Fidaleo departed as our Chief Financial Officer, Principal Financial Officer, Principal Accounting Officer and Treasurer (collectively, our “ CFO ”).
Mark Thomas, our current Chief Executive Officer, Principal Executive Officer and President since January 10, 2023, has agreed to serve as our acting CFO on an interim basis until such time as we appoint a new permanent CFO.
On January 10, 2023, the Board appointed Mark Thomas (" Thomas ") as the new Chief Executive Officer, Principal Executive Officer, President and Chief Technology Officer of the Company.
Max materiality 0.85 · Median 0.60 · Most common event debt