On October 7, 2020, the Company entered into a $630,000 promissory note for a loan made by the President of the Company, Steven Rotman, at 5% note payable at maturity no later than July 1, 2021
the only form 4 required was for his selling of the shares reflecting the change in insider ownership. What he does with the money is his business, buy a boat, blow it on booze and girls in vegas (which is what i would do), etc unless he loans the money to the company in which case an 8k is required, which was done, as captbob pointed out