Surgepays, Inc. current report, 08 April 2008

SEC Filing Summary: Form 8-K

Business Context and Reporting Period

Company: Marked Mineral Exploration, Inc. (Note: Request metadata listed "Surgepays, Inc.", but the filing text identifies the registrant as Marked Mineral Exploration, Inc.)
Filing Date: April 8, 2008
Reporting Period: Events occurring on April 8, 2008.
Business Nature: The registrant is a Nevada corporation engaged in mineral exploration.

Key Financial Metrics

This filing is a Current Report (Form 8-K) regarding corporate governance changes and does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The filing text does not provide a clear value for these metrics.

Material Changes

  • Change in Control: Vladimir Fedyunin obtained control of the registrant on April 8, 2008, by acquiring 5,000,000 shares of common stock.
  • Transaction Details: The shares were acquired for approximately $50,000. This amount represented the cancellation of a previous debt advanced by Mr. Fedyunin on behalf of the prior shareholder.
  • Management Departure: Maria Camila Maz resigned as President, Chief Executive Officer, Principal Financial Officer, and Principal Accounting Officer.
  • Management Appointment: Vladimir Fedyunin was appointed President, Chief Executive Officer, Principal Financial Officer, Principal Accounting Officer, and a member of the Board of Directors, effective April 8, 2008.

Guidance, Outlook, and Risks

The filing contains no forward-looking guidance, outlook, or management commentary regarding future operations. The resignation of Ms. Maz is noted to be effective 10 days after written notice is provided to shareholders. No specific risks or contingencies beyond the change in control are detailed in this document.

Investor Verification Checklist

  • Verify the exact percentage of total outstanding shares represented by the 5,000,000 shares acquired by Vladimir Fedyunin to confirm the extent of control.
  • Confirm the status of the resignation of Maria Camila Maz and whether the 10-day notice period has been completed.
  • Review the company's capitalization table to understand the dilution or ownership structure resulting from this transaction.
  • Investigate the nature of the "previous indebtedness" that was cancelled in exchange for the shares.