Hallmark Venture assigns $100,000 Traderverse note to SB Tech for $1,000 cash
HALLMARK VENTURE GROUP INC HLLK | 0.00 |
- Hallmark Venture Group on May 28, 2026 assigned its Traderverse Note to SB Technology Holdings for USD 1,000 cash.
- On-demand promissory note was issued May 2, 2024 with USD 100,000 principal; 8% annual interest compounded annually; matured around Oct. 29, 2024.
- Balance was about USD 113,752 as of Dec. 31, 2025; note remained unpaid for more than 18 months.
- Transfer was non-recourse on an as-is basis; Hallmark had written down the note as impaired.
- Deal treated as a related-party transaction due to common control and shared director Paul Strickland.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hallmark Venture Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-026929), on June 03, 2026, and is solely responsible for the information contained therein.
