secwatch.observer — SEC 8-K summary
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Issuer:     Starco Brands, Inc. (STCB)
CIK:        0001539850
Form:       8-K
Filed at:   2021-09-23T23:59:59+00:00
Accession:  0001437749-21-022577
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Starco Brands issues $500,000 promissory note to CEO Ross Sklar at 4% interest
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- Principal $500,000 advanced by CEO Ross Sklar; note matures Sept 17, 2023.
- Interest at 4% per annum, compounded monthly; default rate 10% simple.
- Related-party transaction; Ross Sklar is CEO and director of the company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1539850/000143774921022577/0001437749-21-022577-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1539850/000143774921022577/stcb20210923_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-022577

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