UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
SCHEDULE
14C
(RULE
14c-101)
SCHEDULE
14C INFORMATION
INFORMATION
STATEMENT PURSUANT TO SECTION 14(c)
OF
THE SECURITIES EXCHANGE ACT OF 1934
Check
the appropriate box:
[ ]
|
Preliminary
information statement
|
|
|
[ ]
|
Confidential,
for Use of the Commission Only (as permitted by Rule 14c-5(d)(2))
|
|
|
[X]
|
Definitive
information statement
|
KSIX
MEDIA HOLDINGS, INC.
(NAME
OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
Payment
of Filing Fee (Check the appropriate box):
[X]
|
No
fee required.
|
|
|
[ ]
|
Fee
computed on table below per Exchange Act Rules 14c-5(g) and 0-11.
|
|
|
(1)
|
Title
of each class of securities to which transaction applies:
|
|
|
(2)
|
Aggregate
number of securities to which transaction applies:
|
|
|
(3)
|
Per
unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which
the filing fee is calculated and state how it was determined):
|
|
|
(4)
|
Proposed
maximum aggregate value of transaction:
|
|
|
(5)
|
Total
fee paid:
|
|
|
[ ]
|
Fee
paid previously with preliminary materials.
|
|
|
[ ]
|
Check
box if any part of the fee is offset as provided by Exchange Act Rule 0-11 (a) (2) and identify the filing for which the offsetting
fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date
of its filing.
|
|
|
(1)
|
Amount
Previously Paid:
|
|
|
(2)
|
Form,
Schedule or Registration Statement No.:
|
|
|
(3)
|
Filing
Party:
|
|
|
(4)
|
Date
Filed:
|
KSIX
MEDIA HOLDINGS, INC.
10624
South Eastern Avenue, Suite A-910
Henderson,
Nevada 89052
NOTICE
OF STOCKHOLDER ACTION TAKEN BY WRITTEN CONSENT
August
16, 2017
To
the Holders of Common Stock of KSIX Media Holdings, Inc. (the “Company”):
Ksix
Media Holdings, Inc., a Nevada corporation (the “Company”), on July 13, 2017, obtained written consents from stockholders
holding a majority of the outstanding voting stock of the Company to approve an amendment of the Company’s articles of incorporation,
as amended, to increase the number of authorized shares of common stock from 100,000,000 to 500,000,000 (Par Value $0.001).
The
details of the foregoing actions and other important information are set forth in the accompanying Information Statement. The
board of directors of the Company has unanimously approved the above actions.
Under
Section 78.320 of the Nevada Revised Statutes, action by stockholders may be taken without a meeting, without prior notice, by
written consent of the holders of outstanding capital stock having not less than the minimum number of votes that would be necessary
to authorize the action at a meeting at which all shares entitled to vote thereon were present and voted. On that basis, the stockholders
holding a majority of the outstanding shares of voting stock of the Company approved the foregoing actions. No other vote or stockholder
action is required. You are hereby being provided with notice of the approval of the foregoing actions by less than unanimous
written consent of the stockholders of the Company.
WE
ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND US A PROXY.
|
By
Order of the Board of Directors,
|
|
|
|
/s/
Carter Matzinger
|
|
Carter
Matzinger
|
|
President
and Chairman of the Board
|
Las
Vegas, Nevada
August
16, 2017
KSIX
MEDIA HOLDINGS, INC.
Information
Statement Pursuant to Section 14C
Of
the Securities Exchange Act of 1934
CONCERNING
CORPORATE ACTION AUTHORIZED
BY
WRITTEN CONSENT OF A MAJORITY OF THE SHAREHOLDERS
August
16, 2017
WE
ARE NOT ASKING YOU FOR A PROXY AND
YOU
ARE REQUESTED NOT TO SEND US A PROXY
General
Information
This
Information Statement is being furnished to the stockholders of Ksix Media Holdings, Inc., a Nevada corporation (“Company,”
“we,” “us” or “our”), to advise them of the corporate action described herein, which has been
authorized by the written consent of stockholders owning a majority of the Company’s voting stock, in accordance with the
requirements of the Chapter 78 of the Nevada Revised Statutes and the Company’s bylaws.
This
Information Statement will first be mailed to stockholders on or about August 20, 2017, and is being furnished for
informational purposes only. Again, the Company is neither requesting any existing shareholder of record for a proxy with
regards to the corporate actions described in this Information Statement nor are any existing shareholders responsible to
take any action in furtherance of its contents.
Our
board of directors has determined that the close of business on July 13, 2017 is the record date (“Record Date”) for
the stockholders entitled to receive notice about the corporate actions set forth herein regarding the Company’s authorization
to amend its articles of incorporation to increase the number of authorized shares of common stock from 100,000,000 to 500,000,000
(Par Value $0.001). The foregoing amendment is referred to herein as the “Action.”
Under
Section 78.320 of the Nevada Revised Statutes, any action required or permitted by the Nevada Revised Statutes to be taken at
a meeting of stockholders of a Nevada corporation may be taken without a meeting, without prior notice and without a vote, if
consents in writing, setting forth the action so taken, are signed by stockholders holding at least a majority of the voting power.
As
of the Record Date, Carter Matzinger, who owned of record approximately 10,000,000 shares of Series “A” Preferred
Stock (“Super Voting Preferred Stock”) and 24,778,761 shares of our common stock (“Common Stock”), representing
72.64% of our outstanding shares of voting stock as of the Record Date, executed and delivered to us a written consent authorizing
and approving the Action.
Accordingly,
the Action has been approved by the holders of a majority of our outstanding shares of common stock, and no further vote or further
action of our stockholders is required to approve the Action. You are hereby being provided with notice of the approval of the
Action by less than unanimous written consent of our stockholders. However, under federal law, the Action will not be effective
until at least 20 days after this Information Statement has first been mailed to stockholders. Stockholders do not have any dissenter
or appraisal rights in connection with the Action at hand.
On
July 13, 2017, our board of directors approved the amendment of our articles of incorporation to increase the number of authorized
shares of Common Stock from 100,000,000 to 500,000,000 and authorized our officers to deliver this Information Statement.
Our
executive offices are located at 10624 South Eastern Avenue, A-910, Henderson, Nevada 89052, and our telephone number is (702)
701-8030.
Interest
of Persons in Matters to be Acted Upon
No
officer, director or principal stockholder has a substantial or material interest in the favorable outcome of the Actions other
than as discussed herein.
OUTSTANDING
VOTING SECURITIES
At
the time of the stockholder action our issued and outstanding voting securities consisted of shares of Common Stock and Super
Voting Preferred Stock. There were 73,789,576 shares of Common Stock issued and outstanding and 10,000,000 shares of Super Voting
Preferred Stock issued and outstanding as of the Record Date. All 10,000,000 shares of the Super Voting Preferred Stock were issued
to our President and Chairman of the Board, Carter Matzinger.
The
rights of Super Voting Preferred Stock are set forth in the Certificate of Designations which became effective on May 6, 2016.
The holders of shares of Super Voting Preferred Stock have the right to vote on any and all matters along with the holders of
the Common Stock of the Company as a single class. Each share of Common Stock is entitled to one vote on all matters submitted
to the holders of Common Stock for their approval. Each share of Super Voting Preferred Stock is entitled to vote ten (10) shares
of Common Stock for each one (1) share of Super Voting Preferred Stock held. As such, the written consent of a majority of the
outstanding shares of Common Stock and the outstanding shares of Super Voting Preferred Stock, voting together as a single class,
was necessary to authorize the Action described herein.
INFORMATION
ON CONSENTING STOCKHOLDERS
As
stated above, under Section 78.320 of the Nevada Revised Statutes, any action required or permitted by the Nevada Revised Statutes
to be taken at a meeting of stockholders of a Nevada corporation may be taken without a meeting, without prior notice and without
a vote, if consents in writing, setting forth the action so taken, are signed by stockholders holding at least a majority of the
voting power.
As
of the Record Date, Carter Matzinger (Sole Officer and Chairman of the Board), who then owned of record approximately 10,000,000
shares of Super Voting Preferred Stock (e.g. which would vote 100,000,000 shares of Common Stock on all matters put to a vote
of the common stockholders), and 24,778,761 shares of our common stock (“Common Stock”). As such, Mr. Matzinger represented
72.64% of our outstanding shares of voting stock as of the Record Date, which has been executed and delivered to us a written
consent authorizing and approving the Action set forth in this Information Statement.
ACTION:
TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF FROM 100,000,000 TO 500,000,000
The
sole action set forth in this Information Statement is to amend the Articles of Incorporation of the Company to increase the number
of authorized capital from 100,000,000 shares of Common Stock (Par Value $0.001) to 500,000,000 shares of Common Stock (Par Value
$0.001).
On
July 13, 2017, our Board of Directors approved, subject to receiving the approval of one holder of a majority of our outstanding
capital stock (See “Information on Consenting Shareholder” infra), an amendment and restatement of our Articles of
Incorporation (the “Restated Articles”), to increase the number of authorized shares of common stock we may issue
from 100,000,000 to 500,000,000 (the “Share Increase”). The Majority Stockholder’s approved the Restated Articles
pursuant to a written consent dated as of July 13, 2017. The Restated Articles effecting the share increase will become effective
following filing with the Secretary of State of the State of Nevada, which will occur promptly following the 20th day after the
filing of the Definitive Information Statement to the existing shareholders of the Company.
We
are currently authorized by our Certificate of Incorporation to issue 100,000,000 shares of common stock, $0.001 par value per
share and 100,000,000 shares of preferred stock, $0.001 par value per share. Pursuant to the Amendment we will increase the number
of common shares we are authorized to issue to 500,000,000 shares of common stock, $0.001 par value per share. As of the date
the Amendment was approved by our Board and the Majority Stockholders, there were 73,789,576 shares of our common stock issued
and outstanding.
Reasons
for the Share Increase
Our
Board believes it is in our best interests and the best interests of our stockholders to increase the number of authorized shares
of our common stock to allow for the issuance of shares of our common stock or other securities in connection with such potential
issuances and such other purposes as the Board determines. The Board believes that the Share Increase will afford the Company
greater flexibility in seeking capital and potential acquisition targets.
Other
than already announced commitments to issue shares of Common Stock that have been disclosed on various Current Reports on Form
8-K, the Board has no other immediate plans, understandings, agreement or commitments to issue shares of Common Stock for any
purposes.
Effect
of the Share Increase
The
increase in the authorized number of shares of our common stock will permit our Board to issue additional shares of our common
stock without further approval of our stockholders, and our Board does not intend to seek stockholder approval prior to any issuance
of the authorized capital stock unless stockholder approval is required by applicable law or stock market or exchange requirements.
Our issuance of additional shares of common stock may result in substantial dilution to our existing stockholders, and such issuances
may not require stockholder approval.
We
presently do not have in place provisions which may have an anti- takeover effect. The increase in the authorized number of shares
of our common stock did not result from our knowledge of any specific effort to accumulate our securities or to obtain control
of us by means of a merger, tender offer, proxy solicitation in opposition to management or otherwise, and we did not take such
action to increase the authorized shares of our common stock to enable us to frustrate any efforts by another party to acquire
a controlling interest or to seek representation on our Board.
The
issuance of additional shares of our common stock may have a dilutive effect on earnings per share and on the equity and voting
power of existing security holders of our common stock. It may also adversely affect the market price of our common stock. However,
if additional shares are issued in transactions whereby favorable business opportunities are provided, the market price of our
common stock may increase.
The
holders of our common stock are entitled to one vote for each share held of record on all matters to be voted on by our stockholders.
The
holders of our common stock are entitled to receive ratably such dividends, if any, as may be declared by the Board out of funds
legally available. We have not paid any dividends since our inception, and we presently anticipate that all earnings, if any,
will be retained for development of our business. Any future disposition of dividends will be at the discretion of our Board and
will depend upon, among other things, our future earnings, operating and financial condition, capital requirements, and other
factors.
SECURITY
OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The
following information table sets forth certain information regarding the Common Stock owned on July 13, 2017 by: (i) each person
who is known by the Company to own beneficially more than 5% of its outstanding Common Stock; (ii) each director and officer;
and (iii) all officers and directors as a group:
Title of Class
|
|
|
Name and Address of Beneficial Owner
1
|
|
Title of Beneficial Owner
|
|
Amount and Nature of Beneficial Owner
|
|
|
% of Class
2
|
|
Common
|
|
|
Carter Matzinger
10624 S. Eastern, Suite A-910
Henderson, NV 89052
|
|
President, Chief Executive Officer, and Chairman
|
|
|
24,778,761
|
|
|
|
33.58
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common
|
|
|
Clinton W. Coldren
1535 Soniat Street
New Orleans, LA 70115
|
|
Director
|
|
|
1,779,599
|
|
|
|
2.41
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common
|
|
|
Ted D. Campbell II
10624 S. Eastern Avenue A-910
Henderson, NV 89052
|
|
Director
|
|
|
540,000
|
|
|
|
0.73
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common
|
|
|
Anthony P. Nuzzo Jr.
1930 Thoreau Drive, Suite 100
Schaumberg, Illinois 60173
|
|
Director
|
|
|
1,600,000
|
|
|
|
2.17
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common
|
|
|
BCAN Holdings, LLC
3
1930 Thoreau Drive, Suite 100
Schaumberg, Illinois 60173
|
|
Director
|
|
|
1,800,000
|
|
|
|
2.44
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common
|
|
|
EWP Communications, LLC
4
8124 Brother Boulevard, Ste 102
Bartlett, TN 38133
|
|
Shareholder
|
|
|
1,000,000
|
|
|
|
1.36
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common
|
|
|
Kevin Brian Cox
215 West Wilshire Boulevard
Oklahoma City, OK 73116
|
|
Shareholder
|
|
|
11,000,000
|
|
|
|
14.91
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
All Directors & Officers as a Group
|
|
|
|
|
30,498,360
|
|
|
|
41.33
|
%
|
Notes:
(1) The person named in this table has sole voting and investment power with respect to all shares of common stock reflected as
beneficially owned; (2) based on 73,789,576 shares of common stock outstanding as of July 13, 2017; (3) Anthony P. Nuzzo Jr.,
a director of the Company, is the managing member of BCAN Holdings, LLC, a Nevada limited liability company; and (4) EWP Communications,
LLC, formed in the State of Tennessee, if partly owned and controlled by Kevin Brian Cox, an affiliate of the Company.
ADDITIONAL
INFORMATION
The
Company is subject to the informational requirements of the Securities Exchange Act of 1934, as amended (the “Exchange Act”),
and in accordance therewith files reports, proxy statements and other information including annual and quarterly reports on Form
10-K and 10-Q (the “1934 Act Filings”) with the Securities and Exchange Commission (the “Commission”).
Reports and other information filed by the Company can be inspected and copied at the public reference facilities maintained at
the Commission at Room 1024, 450 Fifth Street, N.W., Washington, DC 20549. Copies of such material can be obtained upon written
request addressed to the Commission, Public Reference Section, 450 Fifth Street, N.W., Washington, D.C. 20549, at prescribed rates.
The Commission maintains a web site on the Internet (http://www.sec.gov) that contains reports, proxy and information statements
and other information regarding issuers that file electronically with the Commission through the Electronic Data Gathering, Analysis
and Retrieval System (“EDGAR”).
NO
DISSENTER’S RIGHTS
The
Stockholders have no right under the Nevada Revised Statutes, the Articles consistent with above or by-laws to dissent from any
of the provisions adopted in the Amendments.
EFFECTIVE
DATE
Pursuant
to Rule 14c-2 under the Exchange Act, the above actions shall not be effective until a date at least twenty (20) days after the
date on which the Definitive Information Statement has been mailed to the Stockholders. The Company anticipates that the actions
contemplated hereby will be effected on or about the close of business on or after August 12, 2017.
MISCELLANEOUS
MATTERS
The
entire cost of furnishing this Information Statement will be borne by the Company. The Company will request brokerage houses,
nominees, custodians, fiduciaries and other like parties to forward this Information Statement to the beneficial owners of the
Common Stock held of record by them and will reimburse such persons for their reasonable charges and expenses in connection therewith.
The Board of Directors has fixed the close of business on July 13, 2017, as the record date (the “Record Date”) for
the determination of Stockholders who are entitled to receive this Information Statement.
You
are being provided with this Information Statement pursuant to Section 14C of the Exchange Act and Regulation 14C and Schedule
14C thereunder, and, in accordance therewith, the above actions will not become effective until at least 20 calendar days after
the filing of the Definitive Information Statement.
This
Information Statement is being mailed on or about July 23, 2017 to all Stockholders of record as of the Record Date.
CONCLUSION
As
a matter of regulatory compliance, we are sending you this Information Statement which describes the purpose and effect of the
above actions. Your consent to the above action is not required and is not being solicited in connection with this action. This
Information Statement is intended to provide our stockholders information required by the rules and regulations of the Securities
Exchange Act of 1934.
WE
ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND US A PROXY. THE ATTACHED MATERIAL IS FOR INFORMATIONAL PURPOSES
ONLY.
Dated:
August 16, 2017
|
By
Order of the Board of Directors,
|
|
|
|
/s/
Carter Matzinger
|
|
Carter
Matzinger
|
|
President
and Chairman of the Board
|