secwatch.observer — SEC 8-K summary
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Issuer:     VPR Brands, LP. (VPRB)
CIK:        0001376231
Form:       8-K
Filed at:   2021-09-22T23:59:59+00:00
Accession:  0000891092-21-006558
Event type: debt
Sentiment:  negative
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VPR Brands issues $100,001 promissory note to CEO Kevin Frija at 24% interest
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- On September 17, 2021, VPR Brands issued an unsecured promissory note to CEO Kevin Frija for $100,001.
- The note carries 24% annual interest and matures on September 17, 2022.
- The CEO may deduct $500 per business day via ACH until principal and interest are repaid.
- The note is unsecured and represents a related-party transaction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376231/000089109221006558/0000891092-21-006558-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376231/000089109221006558/vprb8k0921.htm
  HTML page:      https://secwatch.observer/filing/0000891092-21-006558

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer