secwatch.observer — SEC 8-K summary
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Issuer:     CORETAG, INC. (—)
CIK:        0001624140
Form:       8-K
Filed at:   2024-03-04T23:59:59+00:00
Accession:  0001017386-24-000032
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1624140/000101738624000032/0001017386-24-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1624140/000101738624000032/jmkj_2024mar4-8k.htm
  HTML page:      https://secwatch.observer/filing/0001017386-24-000032

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