Balance Labs, Inc.
For the period ended Mar 31, 2026. Filed May 15, 2026.
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Mar 31, 2026 · Filed May 15, 2026
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Item 3. Defaults Upon Senior Securities
As of March 31, 2026, the Company’s convertible note payable to Chase Mortgage, Inc., with a principal balance of $25,000, remained in default following its scheduled maturity date of December 23, 2018. The default triggered an increased interest rate of 18% on this note. As of March 31, 2026, accrued interest on this note totaled $7,996 at the original 8% rate, plus an additional $45,123 at the 18% default rate.
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