UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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) September 15, 2015
AGRITEK HOLDINGS, INC.
(Exact Name of Registrant as Specified
in Charter)
Delaware |
(State or Other Jurisdiction of Incorporation) |
001-15673 |
|
20-8484256 |
(Commission File Number) |
|
(IRS Employer Identification No.) |
319 Clematis Street, Suite 1008
West Palm Beach, FL |
|
33401 |
(Address of principal executive offices) |
|
(Zip code) |
(561) 249-6511 |
(Registrant’s telephone number, including area code) |
Not applicable |
(Former name or former address, if changed since last report) |
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)) |
Item 5.02 |
DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. |
Departure of Directors or Certain Officers
On
September 15, 2015, Barry Hollander notified Agritek Holdings Inc. (“Agritek” or the Company) that he
is resigning as the Company’s Chief Financial Officer and as a member of the Company’s board of directors, for personal
reasons and to pursue other interests. Mr. Hollander indicated that his resignation was voluntary and has
no disagreements with management.
Appointment
of Principal Officer
On September 16, 2015, the Board
appointed Heather Bush as the Company’s Chief Financial Officer and its principal accounting officer. Ms. Bush will additionally
be appointed to the company’s Board Of Directors.
Mrs. Bush, age 32, Ms. Bush, age 32,
most recently served as Controller of Medimix Specialty Pharmacy and its affiliated pharmaceutical compounding companies, since
September 2014. Ms. Bush’s financial experience includes employment at PSS World Medical Inc., a national
distributor of medical supplies, diagnostic equipment, and pharmaceutical related products to primary
care office-based physicians, from July 2011 until it was acquired by McKesson Corporation in February 2013. The Company
was integrated into the McKesson Medical Surgical business unit, at which point she became the Assistant Controller of the Extended
Care division until August 2014. Ms. Bush has received a B.A. in Business Economics with an emphasis in Accounting from the University
of California, Santa Barbara. She is a Certified Public Accountant in the state of California as well as a Certified Fraud
Examiner.
Mrs. Bush has no family relationships
with any of the executive officers or directors of the Company. There are no arrangements or understandings between Mrs.
Bush and any other person pursuant to which she was elected as an officer of the Company.
The Board of directors and Advisory Board
have not yet determined the changes to the compensation for the officers discussed above.
Item 7.01 |
Regulation FD Disclosure. |
The Company issued a press release on September 17, 2015
announcing the appointment of Mrs. Bush as Chief Financial Officer and as a member of the Company’s board of directors. A
copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein in its entirety by reference.
Item 9.01 |
Financial Statements and Exhibits |
Exhibit
No. |
|
Description |
|
|
|
5.1 |
|
Resignation of Barry
Hollander |
|
|
|
99.1 |
|
Press release dated
September 17, 2015 of Agritek Holdings, Inc. |
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.
|
AGRITEK HOLDINGS, INC. |
|
|
|
Date: September 18, 2015 |
By: |
/s/ Justin Braune |
|
|
Justin Braune
Chief Executive Officer and President |
BARRY HOLLANDER
319 CLEMATIS STREET, SUITE 1008
WEST PALM BEACH, FL. 33401
Mr. Justin Braune |
September 15, 2015
|
Chairman of the Board |
|
Chief Executive Officer |
|
Agritek Holdings, Inc. |
|
RE: Resignation
Dear Justin:
This letter is official notice of my
resignation as Chief Financial Officer and as a member of the Board of Directors of Agritek Holdings, Inc. (“AGTK”)
and any other officer and director positions held in any wholly owned, majority owned or minority owned subsidiary of AGTK effective
as of September 15, 2015. As a result of my resignation, I no longer hold any position whatsoever with the Company.
As of September 15, 2015, I am owed
the following amounts:
• |
accrued and unpaid fees for services provided thru September 15, 2015 |
$12,000.00 |
• |
accrued and unpaid rent for 319 Clematis Street (Aug and Sept 2015) |
2,700.00 |
• |
accrued and unpaid parking charges |
1,261.40 |
|
|
|
|
|
|
Total due |
$15,961.40 |
Very truly yours,
Barry Hollander
Agritek Holdings, Inc. Announces
Appointment Of New Chief Financial Officer
LOS ANGELES, CA--(Marketwired
- September 17, 2015) - Agritek Holdings, Inc. (AGTK) (http://www.Agritekholdings.com),
a fully reporting company on the OTCQB and leader in Compassionate Care Technology and agricultural solutions for the medicinal
cannabis industry, today announced that Heather Bush, 32, has been appointed by the Board of Directors as the Company’s
Chief Financial Officer (CFO) replacing Mr. Barry Hollander effective immediately.
Ms. Bush brings extensive financial
and accounting experience to her new role at Agritek Holdings. Her qualifications include expertise in SEC reporting, accounting
clean-up, audit support, and efficiencies and process improvement. She consulted with a variety of clients, in many industries,
and has gained invaluable public reporting experience.
Ms.
Bush, age 32, most recently served as Controller of Medimix Specialty Pharmacy and its affiliated pharmaceutical compounding companies,
since September 2014. Ms. Bush’s financial experience includes employment at PSS World Medical Inc., a national
distributor of medical supplies, diagnostic equipment, and pharmaceutical related products to primary
care office-based physicians, from July 2011 until it was acquired by McKesson Corporation in February 2013. The Company
was integrated into the McKesson Medical Surgical business unit, at which point she became the Assistant Controller of the Extended
Care division until August 2014. Ms. Bush has received a B.A. in Business Economics with an emphasis in Accounting from the University
of California, Santa Barbara. She is a Certified Public Accountant in the state of California as well as a Certified Fraud
Examiner.
Justin Braune, CEO of Agritek Holdings stated “Heather’s
impressive background is a perfect fit for the turnaround of Agritek Holdings financial operations. Her outstanding track record
of managing day-to-day financial and business operations makes her distinctly qualified to serve as our Chief Financial Officer.
I have known Ms. Bush for several years and have complete confidence and trust that she will bring fresh and innovative ideas to
Agritek that with certainty will improve our operating and financial efficiency and allow for improved shareholder value. We look
forward to leveraging her expertise at the perfect time for the launch of our new vaporizer line, forthcoming edibles and pharmaceutical
licensing division.”
About Agritek Holdings, Inc.
Agritek Holdings, Inc. (www.Agritekholdings.com), a fully reporting Company and pioneer
within the medicinal marijuana space, provides innovative patient and agricultural solutions and seeks to be the leader in Compassionate
Care Technology for the medicinal marijuana industry. Agritek Holdings provides real estate management and health and wellness
product lines including through its wholly owned subsidiary Agritek Venture Holdings Inc. Agritek does not directly grow, harvest,
or distribute or sell cannabis or any substances that violate or contravene United States law or the Controlled Substances Act,
nor does it intend to do so in the future.
FORWARD-LOOKING DISCLAIMER:
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A
of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created
by those sections. This material contains statements about expected future events and/or financial results that are forward-looking
in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and
other factors, which may cause the actual results, performance or achievements of Agritek Holdings, Inc. to be materially different
from the statements made herein.
Contact:
Agritek Holdings, Inc.
561.249.6511
www.Agritekholdings.com
info@Agritekholdings.com
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