iWallet Corp Files 8-K with Corporate Updates
Ticker: IWAL · Form: 8-K · Filed: May 16, 2024 · CIK: 1498372
| Field | Detail |
|---|---|
| Company | Iwallet Corp (IWAL) |
| Form Type | 8-K |
| Filed Date | May 16, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-action, filing
TL;DR
iWallet Corp filed an 8-K for corporate updates, formerly Queensridge Mining.
AI Summary
iWallet Corp. filed an 8-K on May 15, 2024, reporting amendments to its articles of incorporation or bylaws and financial statements. The company, formerly known as Queensridge Mining Resources, Inc. until August 5, 2010, is incorporated in Nevada and headquartered in Reno, NV.
Why It Matters
This filing indicates corporate housekeeping and potential structural changes for iWallet Corp, which could impact its operational or financial reporting going forward.
Risk Assessment
Risk Level: low — The filing is a routine corporate disclosure and does not appear to contain significant negative news or financial distress.
Key Players & Entities
- iWallet Corp (company) — Registrant
- Queensridge Mining Resources, Inc. (company) — Former company name
- May 15, 2024 (date) — Date of earliest event reported
- August 5, 2010 (date) — Date of name change
- Reno, NV (location) — Principal executive offices location
- 858-610-2958 (phone_number) — Registrant's telephone number
FAQ
What specific amendments were made to iWallet Corp's articles of incorporation or bylaws?
The filing indicates that amendments were made, but the specific details of these amendments are not provided in the provided text excerpt.
What is the significance of filing financial statements and exhibits with this 8-K?
Filing financial statements and exhibits typically accompanies significant corporate events or changes, providing updated financial information to investors and the SEC.
When did iWallet Corp officially change its name from Queensridge Mining Resources, Inc.?
The date of the name change from Queensridge Mining Resources, Inc. to iWallet Corp was August 5, 2010.
Where are iWallet Corp's principal executive offices located?
iWallet Corp's principal executive offices are located at 401 Ryland St., Ste. 200A, Reno, NV 89502.
What is the SIC code for iWallet Corp?
The Standard Industrial Classification (SIC) code for iWallet Corp is 3669, which corresponds to COMMUNICATIONS EQUIPMENT, NEC.
Filing Stats: 483 words · 2 min read · ~2 pages · Grade level 11 · Accepted 2024-05-16 12:37:19
Key Financial Figures
- $0.001 — divided into (i) 150,000,000 shares of $0.001 par value per share common stock; and (
Filing Documents
- iwal-20240515.htm (8-K) — 24KB
- iwal_ex31.htm (EX-3.1) — 12KB
- iwalex31_1.jpg (GRAPHIC) — 142KB
- iwalex31_2.jpg (GRAPHIC) — 121KB
- iwalex31_3.jpg (GRAPHIC) — 22KB
- iwalex31_4.jpg (GRAPHIC) — 7KB
- 0001393905-24-000181.txt ( ) — 547KB
- iwal-20240515_def.xml (EX-101.DEF) — 2KB
- iwal-20240515_lab.xml (EX-101.LAB) — 13KB
- iwal-20240515_pre.xml (EX-101.PRE) — 8KB
- iwal-20240515.xsd (EX-101.SCH) — 2KB
- iwal-20240515_htm.xml (XML) — 3KB
03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On May 15, 2024, iWallet Corporation (the "Company") filed with the State of Nevada a Certificate of Amendment to its Articles of Incorporation, increasing the Company's authorized capital stock from 75,000,000 shares to 170,000,000 shares, divided into (i) 150,000,000 shares of $0.001 par value per share common stock; and (ii) 20,000,000 shares of $0.001 par value per share preferred stock, with the rights, designations and privileges of the preferred stock to be set by the Board of Directors. The foregoing description of the Certificate of Amendment is qualified in its entirety by the full text of the Certificate of Amendment, which is filed as Exhibit 3.1 to, and incorporated by reference in, this report.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits . Exhibit No. Description of Exhibit 3.1 Certificate of Amendment to Articles of Incorporation, filed May 15, 2024 104 Cover Page Interactive Data File (embedded within Inline XBRL document 2 SIGNATURE 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 hereunto duly authorized. IWALLET CORP Date: May 16, 2024 By: /s/ Steven Cabouli Steven Cabouli Chief Executive Officer 3