Current Report Filing (8-k)
December 09 2019 - 7:58AM
Edgar (US Regulatory)
SECURITIES
AND EXCHANGE COMMISSION
FORM 8-K
CURRENT REPORT
Pursuant to Section
13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event
reported): December 6, 2019
MARIJUANA COMPANY OF AMERICA, INC.
(Exact
Name of Registrant as Specified in its Charter)
Utah
(State or other jurisdiction
of incorporation
or organization)
|
Commission File Number
000-27039
|
98-1246221
(I.R.S. Employer
Identification Number)
|
1340 West Valley Parkway Suite #205
Escondido, California 92029
(Address of Principal Executive Offices
and Zip Code)
(888) 777-4362
(Issuer's telephone number)
Check the appropriate box below if the Form 8-K filing is
intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange
Act of 1934 (17 CFR §240.12b-2).
Emerging
growth company ☒
If an emerging
growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with
any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒
Section 5 - Corporate Governance
and Management
Item 5.02 Departure of Directors
or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On December 6, 2019, Mr. Donald
Steinberg, the Registrant’s Principal Executive Officer and Director and Treasurer, resigned his positions. Mr. Steinberg’s
resignations were not as the result of a disagreement with the Registrant, known to an executive officer of the Registrant, as
defined in 17 CFR 240.3b-7, on any matter relating to the Registrant’s operations, policies or practices.
(c) On December 6, 2019, the Registrant
named Mr. Jesus Quintero interim Principal Executive Officer and Treasurer. Since the beginning of the Registrant's last fiscal
year to the effective date of Mr. Quintero’s appointment, Mr. Quintero has not been a participant, nor has he had any direct
or indirect material interest in any transaction in which the Company was or is to be a participant, and the amount involved exceeded
$120,000.
Mr. Quintero is currently a Director
and Principal Financial Officer. From January, 2013 to September, 2014, Mr. Quintero served as the Chief Financial Officer of Brazil
Interactive Media, Inc. Mr. Quintero is also the current CFO for Mass Roots Inc (MSRT ). From 2011 to the present, Mr. Quintero
has served as a financial consultant to several multi-million dollar businesses in South Florida. He has extensive experience in
public company reporting and SEC/SOX compliance, and held senior finance positions with Avnet, Inc. (NYSE: AVT), Latin Node, Inc.,
Globetel Communications Corp. (AMEX: GTE) and Telefonica of Spain. His prior experience also includes tenure with Price Waterhouse
and Deloitte & Touche. Mr. Quintero earned a B.S. in Accounting from St. John’s University and is a certified public
accountant.
There is currently in place no material
plan, contract or arrangement to which Mr. Quintero is a party, or in which he participates, that is entered into or materially
amended, in connection with his appointment as Principal Executive Officer and Treasurer. Further, the Registrant has not otherwise
granted or awarded to Mr. Quintero consideration, under any plan, contract or arrangement, in connection with his appointment as
Principal Executive Officer and Treasurer. Should the Registrant enter into any such material plan, contract or arrangement, it
will file an amendment to this Form 8-K within four business days after the information is determined or becomes available.
Section 9 – Financial Statement
and Exhibits
Item 9.01 Financial Statements and
Exhibits
SIGNATURES
Pursuant to the requirements of the
Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
Dated December 9, 2019
MARIJUANA COMPANY OF AMERICA, INC.
By: /s/ Jesus Quintero
Jesus Quintero
(Principal Executive Officer)
Marijuana Company of Ame... (PK) (USOTC:MCOA)
Historical Stock Chart
From Apr 2024 to May 2024
Marijuana Company of Ame... (PK) (USOTC:MCOA)
Historical Stock Chart
From May 2023 to May 2024