jain.com

Final payment to BMSS with accrued interest

Company: Riot

Subject kind
financing
Statement date
2018-08-23
Promised amount
150000.0 USD
Current status
stated

The claim, verbatim

Company will make a final payment of $150,000 plus accrued and unpaid interest at 10% per year, 30 days following the last $200,000 payment

Source (primary)

Riot 8-K filed 2018-08-24 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “The Company will make a final payment equal to $150,000 plus accrued and unpaid interest calculated at a rate equal to 10% per year 30 days following the last payment of $200,000.”

How we checked this

Checked on September 23, 2026. The cited source supports every part of this claim.

The 8-K states that the final payment is $150,000 plus accrued and unpaid interest at 10% per year, due 30 days after the last $200,000 payment.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000155335018000988/riot_8k.htm) in full (4,834 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Riot 8-K filed 2018-08-24

Quote: “The Company will make a final payment equal to $150,000 plus accrued and unpaid interest calculated at a rate equal to 10% per year 30 days following the last payment of $200,000.”

View cached copy (2026-09-13)Live source ↗