The $500K note is a small insider bridge loan for short-term working capital. Monitor the company's next quarterly filing for cash burn rate and any need for additional financing. The 90-day maturity (early November 2026) creates a mild refinancing risk if cash position is tight. No material catalyst for stock movement here.
Price Chart
Executive Summary
AppTech Payments Corp. entered into a $500,000 promissory note with a trust controlled by Chairman Albert L. Lord, Jr. on August 10, 2026. The 90-day, 9% interest note is for short-term working capital and is classified as a related-party transaction. The small size and insider nature signal the company's need for bridge financing, a mild negative for a micro-cap OTC stock.
Key Financial Metrics
Key Facts
- Promissory note for $500,000 dated August 10, 2026
- Interest rate of 9.0% per annum
- Matures 90 days from issuance
- Proceeds for short-term working capital and general corporate purposes
- Lender is a trust controlled by Chairman Albert L. Lord, Jr. — a related-party transaction
- No financial statements or revenue data provided in this filing
Financial Impact
$500K principal + 9% interest over 90 days (~$11,250); immaterial absolute dollar amount for any public company
Risk Factors
- Short-term maturity (90 days) creates refinancing risk if cash is insufficient
- Related-party nature raises governance optics, though Board-approved
- Modest 9% rate signals ability to borrow internally, but may reflect limited external credit access for a micro-cap
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001683168-26-006467 |
| Document: apptech_ex1001.htm | 0001683168-26-006467 |
| Document: 0001683168-26-006467-index-headers.html | 0001683168-26-006467 |
| Document: 0001683168-26-006467-index.html | 0001683168-26-006467 |
| Document: 0001683168-26-006467.txt | 0001683168-26-006467 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 4d ago | 8-K | $0.1450 | awaiting T+60 | — | $0.1191 (+17.86%) |
Oct 6, 2026 21d ago | 8-K | $0.1680 | awaiting T+60 | — | $0.1191 (−29.11%) |
Oct 5, 2026 22d ago | 8-K | $0.1510 | awaiting T+60 | — | $0.1191 (+21.13%) |
Aug 14, 2026 10w ago | 8-K | $0.3900 | awaiting T+60 | — | $0.1191 (−69.46%) |
Jul 10, 2026 15w ago | 8-K | $0.1980 $0.1900 | ▲ +4.04% | ▲ +6.93% | $0.1191 (+39.85%) |
Jun 4, 2026 20w ago | Insider Cluster | $0.4900 $0.3500 | ▼ −28.57% | ▼ −32.84% | $0.1191 (−75.69%) |
Mar 2, 2026 34w ago | Insider Cluster | $0.3100 $0.3520 | ▲ +13.55% | ▲ +0.77% | $0.1191 (−61.58%) |
Feb 26, 2026 34w ago | Insider Cluster | $0.3250 $0.3470 | ▲ +6.77% | ▼ −3.32% | $0.1191 (−63.35%) |
Feb 26, 2026 34w ago | Insider Cluster | $0.3250 $0.3450 | ▲ +6.15% | ▼ −3.17% | $0.1191 (−63.35%) |
US Market Status
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