Selectis Health Files 8-K on Financial Obligation
Ticker: GBCS · Form: 8-K · Filed: Apr 23, 2024 · CIK: 727346
| Field | Detail |
|---|---|
| Company | Selectis Health, Inc. (GBCS) |
| Form Type | 8-K |
| Filed Date | Apr 23, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $750,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, filing
Related Tickers: SLCT
TL;DR
SELECTIS HEALTH (SLCT) filed an 8-K on 4/23 for a financial obligation dated 4/12. Details TBD.
AI Summary
Selectis Health, Inc. filed an 8-K on April 23, 2024, reporting on events that occurred on April 12, 2024. The filing pertains to the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement. Specific details regarding the nature of this obligation, including dollar amounts and counterparties, are not provided in the excerpt.
Why It Matters
This filing indicates a new financial commitment or arrangement for Selectis Health, Inc., which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — The filing indicates a new financial obligation, but the lack of specific details about the nature and amount of this obligation introduces uncertainty.
Key Players & Entities
- SELECTIS HEALTH, INC. (company) — Registrant
- April 12, 2024 (date) — Earliest event reported
- April 23, 2024 (date) — Date of report
- GLOBAL HEALTHCARE REIT, INC. (company) — Former company name
- GLOBAL CASINOS INC (company) — Former company name
- MORGRO CHEMICAL CO (company) — Former company name
FAQ
What is the specific nature of the financial obligation reported by Selectis Health, Inc.?
The provided excerpt does not specify the nature of the financial obligation, only that it is a 'Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement'.
What is the dollar amount associated with this new financial obligation?
The excerpt does not contain any specific dollar amounts related to the financial obligation.
Who are the parties involved in this financial obligation?
The filing excerpt does not name the other parties involved in the financial obligation.
When did the event triggering this 8-K filing occur?
The earliest event reported occurred on April 12, 2024.
What was Selectis Health, Inc. previously known as?
Selectis Health, Inc. was formerly known as GLOBAL HEALTHCARE REIT, INC., GLOBAL CASINOS INC, and MORGRO CHEMICAL CO.
Filing Stats: 417 words · 2 min read · ~1 pages · Grade level 11.2 · Accepted 2024-04-23 12:09:11
Key Financial Figures
- $750,000 — credit in the principal amount limit of $750,000 at a fixed interest rate of 8.50% per a
Filing Documents
- form8-k.htm (8-K) — 32KB
- ex10-1.htm (EX-10.1) — 3KB
- ex10-1_001.jpg (GRAPHIC) — 345KB
- ex10-1_002.jpg (GRAPHIC) — 482KB
- ex10-1_003.jpg (GRAPHIC) — 326KB
- 0001493152-24-015664.txt ( ) — 1788KB
- gbcs-20240412.xsd (EX-101.SCH) — 3KB
- gbcs-20240412_lab.xml (EX-101.LAB) — 33KB
- gbcs-20240412_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
FINANCIAL STATEMENTS AND EXHIBITS
FINANCIAL STATEMENTS AND EXHIBITS Item Title 10.1 Commercial Line of Credit Agreement and Note 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Selectis Health, Inc. Date: April 22, 2024 By: /s/ Adam Desmond Adam Desmond, CEO 3