KeyStar Corp. Files 8-K on New Financial Obligation
Ticker: VIPZ · Form: 8-K · Filed: Sep 16, 2024 · CIK: 1832161
| Field | Detail |
|---|---|
| Company | Keystar Corp. (VIPZ) |
| Form Type | 8-K |
| Filed Date | Sep 16, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $5,000,000, $4,410,000, $450,000, $5,735,000, $0.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt-obligation, financial-reporting
TL;DR
KeyStar Corp. just took on a new debt, filing an 8-K on it.
AI Summary
On September 11, 2024, KeyStar Corp. filed an 8-K report detailing the creation of a direct financial obligation. The filing indicates a new financial commitment for the company, though specific details regarding the nature or amount of the obligation were not provided in the initial filing information.
Why It Matters
This filing signals a new financial commitment for KeyStar Corp., which could impact its financial health and future investment strategies.
Risk Assessment
Risk Level: medium — The creation of a new financial obligation inherently introduces financial risk that needs further investigation.
Key Players & Entities
- KeyStar Corp. (company) — Registrant
- September 11, 2024 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of incorporation
- 866-783-9435 (phone_number) — Registrant's telephone number
FAQ
What is the nature of the direct financial obligation created by KeyStar Corp. on September 11, 2024?
The provided filing information does not specify the nature of the direct financial obligation.
What is the amount of the financial obligation reported in the 8-K filing?
The filing information does not disclose the specific dollar amount of the financial obligation.
What is the purpose of this new financial obligation for KeyStar Corp.?
The purpose of the financial obligation is not detailed in the provided filing summary.
When was the 8-K report filed by KeyStar Corp.?
The 8-K report was filed on September 16, 2024, with the earliest event reported being September 11, 2024.
What is KeyStar Corp.'s state of incorporation and principal executive office address?
KeyStar Corp. is incorporated in Nevada and its principal executive offices are located at 1645 Pine Tree Ln, Suite 2, Sarasota, Florida 34236.
Filing Stats: 1,115 words · 4 min read · ~4 pages · Grade level 12.1 · Accepted 2024-09-16 12:13:03
Key Financial Figures
- $5,000,000 — n the principal amount of not more than $5,000,000 (the " Note "). Excel is controlled by
- $4,410,000 — f the date we entered into the Note was $4,410,000. On September 11, 2024, we borrowed an
- $450,000 — ber 11, 2024, we borrowed an additional $450,000 under the Note. As of September 16, 202
- $5,735,000 — balance of all loans under the Note is $5,735,000. All loans made under the Note accrue
- $0.50 — period, the Lowest Recent Price will be $0.50 per Share. In case of a stock split,
Filing Documents
- form8-k.htm (8-K) — 41KB
- 0001493152-24-036324.txt ( ) — 211KB
- keyr-20240911.xsd (EX-101.SCH) — 3KB
- keyr-20240911_lab.xml (EX-101.LAB) — 33KB
- keyr-20240911_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 3KB
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 hereunto duly authorized. Date: September 16, 2024 KEYSTAR CORP. By: /s/ James Mackey James Mackey, CFO 3