GOLD ROCK HOLDINGS INC
For the period ended Dec 31, 2023. Filed Mar 22, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 22, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 9B. Other Information
Subsequent Events
On January 1, 2024, Merle Ferguson sent a letter to the Company’s Board of Directors stating he cancelled his employment compensation agreement that was entered into on January 1, 2023. At this time Mr. Ferguson has no compensation agreement in place with the Company.
On January 2, 2024, the Company signed a stock subscription agreement with an individual in the amount of $50,000 for 833,333 shares of restricted common stock. As of the date of this report, the $50,000 has been received while the shares have yet to be issued.
On January 11, 2024, the board of directors adopted a resolution authorizing the designation of Series A Preferred Stock. The number of shares designated is 20,000,000. Each of these shares has a par value of $0.001, is not entitled to dividends, has voting rights equal to 25 common votes per share, has the same liquidation rights as common and are not convertible.
-7-
On January 31, 2024, the Company signed a stock subscription agreement with an individual in the amount of $50,000 for 833,333 shares of restricted common stock. As of the date of this report, the $50,000 has been received, but the shares have not yet been issued.
On February 7, 2024, the Company signed a stock subscription agreement with an individual in the amount of $200,000 for 3,333,333 shares of restricted common stock. As of the date of this report, the $200,000 has been received but the shares have not yet been issued.
On February 13, 2024, Loot8, Inc., the Company’s wholly owned subsidiary entered into a sponsorship commitment with the University of Houston in the amount of $125,000 for one year ending on February 12, 2025 under the contract the Company is to be paid in twelve (12) installments of $10,416.66 each.
On February 15, 2024, the Company signed a stock subscription agreement with an individual in the amount of $50,000 for 833,333 shares of restricted common stock. As of the date of this report, the $50,000 has been received, but the shares have not yet been issued.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.