---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-21-028656"
form_type: "8-K"
ticker: "STCB"
cik: "0001539850"
company_name: "Starco Brands, Inc."
filed_at: "2021-12-15T23:59:59+00:00"
generated_at: "2026-06-28T00:52:00.932828+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Starco Brands borrows $500K from CEO Ross Sklar via promissory note at 4% interest

## Summary
- Starco issued $500,000 promissory note to CEO Ross Sklar in exchange for cash advance.
- Note carries 4% annual interest, compounded monthly; matures December 13, 2023.
- Default interest rate increases to 10% simple interest if repayment missed at maturity.
- Company may prepay principal and accrued interest at any time without penalty.
- Insider transaction: CEO is both maker and payee; board director Darin Brown also signed.

## SEC filing metadata
- accession: 0001437749-21-028656
- form_type: 8-K
- ticker: STCB
- cik: 0001539850
- company_name: Starco Brands, Inc.
- filed_at: 2021-12-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1539850/000143774921028656/0001437749-21-028656-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1539850/000143774921028656/stcb20211214_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-21-028656
- JSON: https://secwatch.observer/filing/0001437749-21-028656.json
- Plain text: https://secwatch.observer/filing/0001437749-21-028656.txt

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