---
schema_version: "secwatch.filing_event.v1"
accession: "0001017386-24-000032"
form_type: "8-K"
ticker: null
cik: "0001624140"
company_name: "CORETAG, INC."
filed_at: "2024-03-04T23:59:59+00:00"
generated_at: "2026-06-05T04:45:08.995315+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Coretag Holdings consolidates $57K in insider loans via four non-interest bearing promissory notes

## Summary
- Total principal of four unsecured promissory notes with CEO Joseph Passalaqua is $57,148, zero interest.
- Notes cover loans from Oct 2021 to Dec 2023; each due 18 months from execution (Oct 2023 or Mar 2024).
- Notes are non-convertible and reflect resolution of previously reported debt to Passalaqua.
- Borrower is Coretag, Inc. (subsidiary) and lender is CEO; no new funds raised.

## SEC filing metadata
- accession: 0001017386-24-000032
- form_type: 8-K
- cik: 0001624140
- company_name: CORETAG, INC.
- filed_at: 2024-03-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1624140/000101738624000032/0001017386-24-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1624140/000101738624000032/jmkj_2024mar4-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001017386-24-000032
- JSON: https://secwatch.observer/filing/0001017386-24-000032.json
- Plain text: https://secwatch.observer/filing/0001017386-24-000032.txt

## Key facts
- Debt Financings
  CORETAG, INC. incurred loan of $14,424.00 with Mr. Joseph Passalaqua maturing 18 month anniversary thereof.
  - Instrument: loan
  - Principal: $14,424.00
  - Counterparty: Mr. Joseph Passalaqua
  - Maturity: 18 month anniversary thereof
  - Event: incurrence
  source text: On October 16, 2023, the Company and Passalaqua entered into a Promissory Note relating to various loans made by Passalaqua to the Company over the period from October 1, 2021, through September 30, 2022 in the aggregate amount of $14,424.00
  evidence_url: https://www.sec.gov/Archives/edgar/data/1624140/000101738624000032/0001017386-24-000032-index.htm
- Debt Financings
  CORETAG, INC. incurred loan of $26,173.00 with Mr. Joseph Passalaqua maturing 18 month anniversary thereof.
  - Instrument: loan
  - Principal: $26,173.00
  - Counterparty: Mr. Joseph Passalaqua
  - Maturity: 18 month anniversary thereof
  - Event: incurrence
  source text: On October 16, 2023, the Company and Passalaqua entered into a Promissory Note relating to various loans made by Passalaqua to the Company over the period from October 1, 2022, through June 30, 2023 in the aggregate amount of $26,173.00
  evidence_url: https://www.sec.gov/Archives/edgar/data/1624140/000101738624000032/0001017386-24-000032-index.htm
- Debt Financings
  CORETAG, INC. incurred loan of $5,820.00 with Mr. Joseph Passalaqua maturing 18 month anniversary thereof.
  - Instrument: loan
  - Principal: $5,820.00
  - Counterparty: Mr. Joseph Passalaqua
  - Maturity: 18 month anniversary thereof
  - Event: incurrence
  source text: On March 1, 2024, the Company and Passalaqua entered into a Promissory Note relating to various loans made by Passalaqua to the Company over the period from July 1, 2023, through September 30, 2023 in the aggregate amount of $5,820.00
  evidence_url: https://www.sec.gov/Archives/edgar/data/1624140/000101738624000032/0001017386-24-000032-index.htm
- Debt Financings
  CORETAG, INC. incurred loan of $10,731.00 with Mr. Joseph Passalaqua maturing 18 month anniversary thereof.
  - Instrument: loan
  - Principal: $10,731.00
  - Counterparty: Mr. Joseph Passalaqua
  - Maturity: 18 month anniversary thereof
  - Event: incurrence
  source text: On March 1, 2024, the Company and Passalaqua entered into a Promissory Note relating to various loans made by Passalaqua to the Company over the period from October 1, 2023, through December 31, 2023 in the aggregate amount of $10,731.00
  evidence_url: https://www.sec.gov/Archives/edgar/data/1624140/000101738624000032/0001017386-24-000032-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.