VISIUM TECHNOLOGIES, INC.
For the period ended Mar 31, 2026. Filed May 20, 2026.
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Mar 31, 2026 · Filed May 20, 2026
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Item 3. Defaults Upon Senior Securities
As of March 31, 2026, the Company was in default on certain of its senior debt obligations, specifically its outstanding promissory notes and convertible promissory notes. The defaults primarily relate to the failure to pay principal and accrued interest upon the maturity dates of the respective instruments.
Promissory Notes At March 31, 2026, the Company had promissory notes outstanding with an aggregate principal balance of $1,118,200. Of this amount, promissory notes with an aggregate principal balance of $835,000 have matured and are currently in default due to non-payment. The related accrued and unpaid interest on all promissory notes amounted to approximately $266,030 as of March 31, 2026.
Convertible Notes Payable At March 31, 2026, the Company had convertible promissory notes outstanding with an aggregate principal balance of $191,199. All $191,199 of these convertible promissory notes have matured and are currently in default due to non-payment. The accrued and unpaid interest on the convertible notes amounted to approximately $226,376 as of March 31, 2026.
The Company has resolved the defaulted amount as of the date of this filing.
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