SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
INFORMATION
TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a)
AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)
AMERICAN
CANNABIS COMPANY, INC. |
(Name of
Issuer)
|
Common
Stock, par value $0.00001 per share |
(Title of Class of Securities)
|
024870107 |
(CUSIP Number)
Anthony Baroud
211 East Circle Ave
Prospect Heights, IL 60070
(847) 812-8814
Copy to:
|
Peter J. Gennuso, Esq.
Thompson Hine LLP
335 Madison Avenue, 12th Floor
New York, NY 10017
(212) 908-3958 |
(Name,
Address and Telephone Number of Person
Authorized to Receive Notices and Communications) |
|
May
23, 2014 |
(Date of
Event Which Requires Filing of this Statement) |
If the filing person
has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing
this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [ ].
Note: Schedules
filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §
240.13d-7 for other parties to whom copies are to be sent.
_______________
* The remainder of this cover page shall be
filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for
any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information
required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the
Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act (however, see the Notes).
1 |
NAME OF REPORTING PERSON
Anthony J. Baroud |
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
¨
(b) n |
3 |
SEC USE ONLY
|
|
4 |
SOURCE OF FUNDS
OO |
|
5 |
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e)
|
¨ |
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
USA |
|
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
7 |
SOLE VOTING POWER
4,756,594 |
8 |
SHARED
VOTING POWER 0 |
9 |
SOLE DISPOSITIVE POWER
4,756,594 |
10 |
SHARED DISPOSITIVE POWER
0 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON
4,756,594 |
12 |
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
|
¨ |
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.77% (1) |
|
14 |
TYPE OF REPORTING PERSON
IN |
|
|
|
|
|
|
_________________
(1) Based on the 40,425,000 shares of Common Stock reported by
the Company as outstanding as of the Effective Date in its Current Report on Form 8-K filed with the SEC on October 3, 2014.
Item 1. Security and Issuer.
This Statement relates to the Common Stock,
par value $0.00001 per share (the “Common Stock”), of American Cannabis Company, Inc., a Delaware corporation (the
“Company”). The Company reports that its principal executive offices are located at 3457 Ringsby Court, Unit 111,
Denver, Colorado 80216.
Item 2. Identity and Background.
(a) This Statement
is filed by Anthony J. Baroud (“Mr. Baroud”), who serves as the Chief Executive Officer and as a director of the Company.
(b) The business
addresses of Mr. Baroud, who serves as an officer and director of the Company as noted above, is 3457 Ringsby Court, Unit 111,
Denver, Colorado 80216.
(c) Mr. Baroud
has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
(d) Mr. Baroud
has not, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction
and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting
or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(e) Mr. Baroud
is a citizen of the United States of America.
Item 3. Source and Amount of Funds or Other Consideration.
Mr. Baroud obtained all shares of Common
Stock held by him pursuant to the Agreement and Plan of Merger dated May 15, 2014 (the “Merger Agreement”) by and
among the Company, Cannamerica, Inc., a Delaware corporation and wholly owned subsidiary of the Company (“Merger Sub”),
and Hollister & Blacksmith, Inc. d/b/a American Cannabis Consulting, Inc., a Colorado corporation (“ACC”). Pursuant
to the Merger Agreement, Merger Sub was merged with and into ACC through a reverse triangular merger transaction (the “Merger”).
Prior to entering into the Merger Agreement, there was no relationship between the Company or its affiliates and ACC, other than
in respect of the Merger Agreement and the transactions contemplated thereby.
As of the date of the Merger Agreement, 10,000
shares of ACC’s common stock, par value $0.001 per share, were issued and outstanding. Mr. Baroud held 1,500 shares of ACC’s
common stock. Pursuant to the terms of the Merger Agreement, each share of ACC’s common stock was to be exchanged for shares
of the Company’s Common Stock based on a ratio of 3,171.0628 to 1. On May 23, 2014 and pursuant to the effectiveness of
the Merger, the Company issued 4,756,594 shares of Common Stock to Mr. Baroud, in exchange for all of his shares of ACC’s
common stock.
On September 29, 2014 (the “Effective
Date”), all of the transactions contemplated by the Merger Agreement were complete, and the Merger became effective upon
the filing of certificates of merger with the Secretary of State of the States of Delaware and Colorado. Pursuant to the terms
of the Merger Agreement and as of the Effective Date, each share of the common stock of Merger Sub was converted into and exchanged
for one share of common stock of ACC held by the Company, ACC continued as a surviving wholly-owned subsidiary of the Company
and Merger Sub ceased to exist.
The above summary of the Merger Agreement,
and the transactions contemplated thereby, does not purport to be complete and is subject to, and qualified in its entirety by,
the full text of the Merger Agreement, which is filed as Exhibit 99.1 hereto and incorporated herein by reference.
Except as noted above, no other funds or other
consideration were used in making any purchases of Common Stock by Mr. Baroud.
Item 4. Purpose of Transaction.
Mr. Baroud obtained
all shares of Common Stock held by him for the purpose of consummating the transactions contemplated by the Merger Agreement.
The Merger Agreement and the issuance of Common Stock to Mr. Baroud pursuant thereto, are discussed in more detail in Item 3 above,
which information is hereby incorporated by reference into this Item 4.
The transactions described below were consummated
by the Company pursuant to or in relation to the Merger Agreement, and may reflect plans or proposals that would result in one
or more of the actions described in paragraphs (a) through (j) of Item 4 of Schedule 13D.
On May 16, 2014, the Company
entered into a Separation and Exchange Agreement (the “Separation Agreement”) between the Company, BIMI, Inc. (“BIMI”),
a Delaware corporation and wholly-owned subsidiary of the Company, and Brazil Investment Holding, LLC (“Holdings”),
a Delaware limited liability company and the majority stockholder of the Company, pursuant to which the Company distributed all
shares of common stock of BIMI held by the Company in exchange for all of the Company’s Common Stock held by Holdings. As
of the date of the Separation Agreement, Holdings held 35,000,000 shares of the Company’s Common Stock, which represented
approximately 77.30% of all issued and outstanding shares. Pursuant to the Separation Agreement, the Company distributed all 1,000,000
shares of common stock, par value $0.0001 per share, of BIMI held by the Company, which constituted all of the issued and outstanding
shares of BIMI, in exchange for all 35,000,000 shares of Common Stock held by Holdings. On May 21, 2015 (the “Separation
Exchange Date”), the Company returned all 35,000,000 shares of Common Stock received from Holdings into treasury. Pursuant
to the Separation Agreement, the Company effectuated a complete divestiture of BIMI.
The above summary
of the Separation Agreement, and the transactions contemplated thereby, does not purport to be complete and is subject to, and
qualified in its entirety by, the full text of the Separation Agreement, which is filed as Exhibit 99.2 hereto and incorporated
herein by reference.
In connection with
the Merger Agreement, Corey Hollister was appointed to the Company’s board of directors (the “Board”) on April
30, 2014, and effective with the Merger Agreement, Mr. Hollister was appointed to serve as the Chief Executive Officer and Themistocles
Psomiadis resigned as Chief Executive Officer. On June 6, 2014, the Board appointed Ellis Smith to serve as the Chief Development
Officer and Mr. Baroud as the Chief Technology Officer.
On September 22,
2014, in connection with the Merger Agreement, Michael Novielli and Themistocles Psomiadis resigned from the Board, and the Board
appointed Messrs. Smith and Baroud to serve on the Board and fill the vacancies created by the resignations of Messrs. Novielli
and Psomiadis.
Also pursuant to
the Merger Agreement, the Company amended its Certificate of Incorporation to change its name from “Brazil Interactive Media,
Inc.” to “American Cannabis Company, Inc.” as of the Effective Date.
Prior to the consummation
of the transactions contemplated by the Merger Agreement and Separation Agreement, there were 45,279,114 shares of Common Stock
issued and outstanding. As of the Effective Date, following the consummation of all of the transactions contemplated by the Merger
Agreement and Separation Agreement, there were 40,425,000 shares of Common Stock issued and outstanding.
Additional information and disclosures concerning
the Merger Agreement, Separation Agreement, the change in control and any other transactions contemplated thereby, including detailed
financial, business, operational and management information, can be found in the Company’s Current Report on Form 8-K filed
with the SEC on October 3, 2014, the Company’s Information Statement on Schedule 14C filed with the SEC on September 9,
2014 and the Company’s Information Statement on Schedule 14f-1 filed with the SEC on September 10, 2014.
Mr. Baroud may in
the future determine to purchase more Common Stock and/or dispose of Common Stock of the Company in the ordinary course of his
investment activities, as market and other conditions dictate.
Item 5. Interest in Securities of the Issuer.
(a) Mr. Baroud beneficially
owns 4,756,594 shares of Common Stock, all held in his name, constituting 11.77% of all shares of Common Stock issued and outstanding
as of the Effective Date. Each percentage ownership of shares of Common Stock set forth in this Statement is based on the 40,425,000
shares of Common Stock reported by the Company as outstanding as of the Effective Date in its Current Report on Form 8-K filed
with the SEC on October 3, 2014.
(b) Mr. Baroud
has sole voting and dispositive power over all 4,756,594 shares of Common Stock held in his name.
(c) Not applicable.
(d) Not applicable.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships
with Respect to Securities of the Issuer.
On May 2, 2014, Mr.
Baroud entered into a Lock-Up and Leak-Out Agreement with the Company (the “Lock-Up Agreement”), pursuant to which
he agreed to lock-up all of his shares of Common Stock for an initial period of twelve (12) months beginning on the date of the
Lock-Up Agreement (the “Lock-Up Period”). Following the Lock-Up Period, beginning on May 3, 2015 and for twelve (12)
month thereafter (the “Restricted Period”), Mr. Baroud may begin selling a percentage of his Common Stock in an aggregate
amount equal to a specified percentage of the total weekly volume of Common Stock, based on the price of Common Stock in the open
market at the time of sale.
During the Restricted Sale Period, if the price per share of
Common Stock is less than $0.50, Mr. Baroud may sell shares of Common Stock in the aggregate amount up to 2.719% of the
weekly volume of Common Stock. If the price per share of Common Stock is more than $0.50 and less than $0.75, Mr. Baroud may
sell shares of Common Stock in the aggregate amount up to 3.579% of the weekly volume of Common Stock. If the price per share
of Common Stock is more than $0.75 and less than $1.00, Mr. Baroud may sell shares of Common Stock in the aggregate amount up
to 4.438% of the weekly volume of Common Stock. If the price per share of Common Stock is more than $1.00, there is no
restriction on the amount of Common Stock that Mr. Baroud may sell. The number of shares of Common Stock that may be sold by
Mr. Baroud in any such scenario, if applicable, will be rounded up to the nearest one-hundred (100) shares.
A copy of the Lock-Up
Agreement is attached as Exhibit 99.3 hereto and is incorporated herein by reference.
Except for the Lock-Up Agreement, the Merger Agreement and the Separation
Agreement, to the knowledge of Mr. Baroud, there are no contracts, arrangements, understandings or relationships (legal or otherwise),
including, but not limited to, transfer or voting of any of the securities, finder’s fees, joint ventures, loan or option
arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies, between
Mr. Baroud and any other person, with respect to any securities of the Company, including any securities pledged or otherwise
subject to a contingency the occurrence of which would give another person voting power or investment power over such securities
other than standard default and similar provisions contained in such agreements.
Item 7. Material to Be Filed as Exhibits.
The following documents are filed as exhibits:
Exhibit No. |
Description |
99.1 |
Agreement and Plan of Merger, dated as of May
15, 2014, by and among the Company, Cannamerica, Inc., and Hollister & Blacksmith, Inc., filed as Exhibit 2.1 to the Company’s
Form 8-K filed with the SEC on October 3, 2014 and incorporated herein by reference. |
99.2 |
Separation and Exchange Agreement, dated as of
May 16, 2014, by and among the Company, BIMI, Inc., and Brazil Investment Holding, LLC, filed as Exhibit 2.2 to the Company’s
Form 8-K filed with the SEC on October 3, 2014 and incorporated herein by reference. |
99.3 |
Form of Lock-Up and Leak-Out Agreement between the Company and certain shareholders, filed herewith. |
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth
in this statement is true, complete and correct.
Dated: October 22, 2014
/s/ Anthony Baroud
Anthony Baroud
LOCK-UP AND LEAK OUT AGREEMENT
This LOCK-UP AND LEAK-OUT AGREEMENT (the “Agreement”)
is made as of May 2, 2014 (the “Effective Date”) by and between Brazil Interactive Media, Inc., a Delaware
corporation, (the “Company”), and the undersigned holder of common stock (the “Stockholder”) of the Company.
WHEREAS, to ensure the development of
an orderly trading market in the Company’s common stock, the Company and the undersigned intend to enter into this
Agreement that provides the circumstances under which the undersigned may sell or otherwise dispose of shares of the Company’s
securities; and
NOW, THEREFORE, IN CONSIDERATION of
the mutual covenants contained in this Agreement, and for other good and valuable consideration, the receipt and adequacy
of which are hereby acknowledged, the Company and the undersigned Stockholder agree as follows:
1.
Twelve Month Prohibition on Sales or Transfers. The Stockholder, including the Stockholder’s Affiliated Entities
(as defined below), hereby agrees that for a period of twelve (12) months from the date of this Agreement (the “Lock-Up
Period”), the Stockholder will not offer, sell, contract to sell, pledge, give, donate, transfer or otherwise dispose of,
directly or indirectly, any shares of the common stock of the Company (the “Common Stock ”) or securities convertible
into or exercisable for Common Stock issued to the Stockholder (the “Lock-Up Shares”) or securities or rights convertible
into or exchangeable or exercisable for any Lock-Up Shares, enter into a transaction which would have the same effect, or enter
into any swap, hedge or other arrangement that transfers, in whole or in part, any of the economic or voting consequences of ownership
of such securities, whether any such aforementioned transaction is to be settled by delivery of the Lock-Up Shares or such other
securities, in cash or otherwise, or publicly disclose the intention to make any such offer, sale, pledge or disposition, or to
enter into any such transaction, swap, hedge or other arrangement (the “Lock-Up Agreement”). As used in this Agreement
“Affiliated Entities” shall mean any legal entity, including any corporation, limited liability company, partnership,
not-for-profit corporation, estate planning vehicle or trust, which is directly or indirectly owned or controlled by the Stockholder
or his or her descendants or spouse, of which such Stockholder or his or her descendants or spouse are beneficial owners, or which
is under joint control or ownership with any other person or entity subject to a lock-up agreement regarding the Common Stock
with terms substantially identical to this Agreement.
2. Restrictions on Sales;
Volume Limitations. Notwithstanding any federal or state securities laws or regulations governing insider stock sales which
supersede this Agreement, or the restrictions in Section 1. of this Agreement, any time after May 2, 2015 and during the twelve
(12) month period following the Lock-Up Period (“Leak-Out Period”), if the share price of the Common Stock (“Share
Price”) is less than fifty-cents ($0.50), the Stockholder shall have the right to effect open marketsales of his Common
Stock in an aggregate amount equal to 0.02719 multiplied by the total weekly volume, of the Common Stock (“Sellable
Shares”).
If during the Leak-Out Period,
the Share Price is greater than or equal to fifty cents ($0.50) but less than seventy-five cents ($0.75) per share, the Stockholder
shall have the right to effect open market sales of his Common Stock in an aggregate amount equal to 0.03579 multiplied
by the total weekly volume in the Common Stock, during such time that the Share Price is greater than or equal to fifty cents
($0.50) but less than seventy five-cents ($0.75).
If during the Leak-Out Period,
the Share price is greater than or equal to seventy-five cents ($0.75) but is less than one dollar ($1.00), the Holder shall have
the right to effect open market sales of his Common Stock in an aggregate amount equal to 0.04438 multiplied by
the total weekly volume in the Common Stock, only during that time the Share Price is greater than or equal to seventy five-cents
($0.75) but less than one dollar ($1.00).
If during the Leak-Out Period
the Share Price is greater than one dollar ($1.00), there shall be no limitations on the amount of Common Stock that may be sold
by the Stockholder, during such time the Share Price is greater than one dollar ($1.00).
The amount of Sellable Shares that may be sold pursuant to this
Section 2, shall rounded up or down, to the nearest one hundred (100) shares. Sellable Share amounts equaling less than one hundred
(100) shares shall be rounded up to equal one hundred shares.
By way of example only, if the
Stockholder’s multiplier is equal to 0.00055 when the share price is equal to or below sixty-cents ($0.60), and during one
week the share price and total volume of the Common Stock is equal to fifty-cents ($0.50) and one-hundred thousand (100,000) shares,
respectively, then the Stockholder shall apply his multiplier (0.00055) to one-hundred thousand (100,000) which generates a product
of 55 shares. Because the amount of shares is less than one-hundred (100), the Stockholder will be eligible to sell one-hundred
(100) shares during that week.
If during one week the share price
and total volume of the Common Stock is equal to fifty-cents ($0.50) and two-hundred thousand (200,000) shares, respectively,
then the Stockholder shall apply his multiplier (0.00055) to two-hundred thousand (200,000) which generates a product of one-hundred
and ten (110) shares. Because the amount of shares is greater than one-hundred (100), the Stockholder will be eligible to sell
only that amount which results from the application of the multiplier to the total volume of the Common Stock, which in this example,
is equal to one-hundred and ten (110) shares.
Sellable Share amounts are not
cumulative. If the Stockholder waives his rights at any time during the Leak-Out Period, pursuant to this Section 2 (“Waivable
Period”), the calculated Sellable Share amounts for those Waivable Periods, shall not be accrued and added to Sellable Shares
amounts, in a future period.
3. Application of this Agreement
to Shares Sold or Otherwise Transferred. So long as such sales or other Transfers are made in compliance with the requirements
of this Agreement, Lock-Up Shares sold in the public market shall thereafter not be subject to the restrictions on sale or other
Transfer contained in this Agreement. Lock-Up Shares sold or otherwise Transferred in private sales or other Transfers pursuant
to an Option shall thereafter not be subject to the restrictions on sale or other Transfer contained in this Agreement.
4. Attempted Transfers.
Any attempted or purported sale or other Transfer of any Lock-Up Shares by the Stockholder in violation or contravention of the
terms of this Agreement shall be null and void ab initio. The Company shall instruct its transfer agent to, reject and refuse
to transfer on its books any Lock-Up Shares that may have been attempted to be sold or otherwise Transferred in violation or contravention
of any of the provisions of this Agreement and shall not recognize any person or entity.
5. Broker and Account
Verification. The Stockholder agrees and consents to (i) effect sales of the Sellable Shares through a broker approved by
the Company’s board of directors, (ii) the entry of stop transfer instructions with the Company's transfer agent against
the transfer of the Securities held by the undersigned except in compliance with this Lock-Up and Leak-Out Agreement.
6. Broker Authorization.
The Stockholder hereby authorizes any and all brokers, for all accounts holding the Stockholder’s Lock-Up Shares and Sellable
Shares, to provide directly to the Company, immediately upon the Company’s request, a copy of all account statements showing
the Lock-Up Shares and Sellable Shares and all trading activity in the Sellable Shares during the Leak-Out Period.
7. Waiver of Claims. The
Stockholder hereby irrevocably waives any and all known or unknown claims and rights, whether direct or indirect, fixed or contingent,
that the Stockholder may now have or that may hereafter arise against the Company or any of its affiliates, or any of its respective
officers, directors, stockholders, employees, agents, attorneys or advisors arising out of the negotiation, documentation of this
Agreement.
8. Acknowledgement of
Representation. The Stockholder represents and warrants to the Company that the Stockholder was or had the opportunity to
be represented by legal counsel and other advisors selected by Stockholder in connection with this Agreement. The Stockholder
has reviewed this Agreement with his, her or its legal counsel and other advisors and understands the terms and conditions hereof.
9. Legends on Certificates. All Lock-Up Shares and Sellable
Shares now or hereafter owned by the Stockholder, except any shares purchased in open market transactions by Stockholders that
are not affiliates (as such term is defined under securities laws) of the Company, shall be subject to the provisions of this
Agreement and the certificates representing such Lock-Up Shares shall bear the following legends:
THE SECURITIES REPRESENTED
BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR
ANY STATE SECURITIES LAWS. THEY MAY NOT BE SOLD, ASSIGNED, PLEDGED OR OTHERWISE TRANSFERRED FOR VALUE UNLESS THEY ARE REGISTERED
UNDER THE ACT AND ANY APPLICABLE STATE SECURITIES LAWS OR UNLESS THE CORPORATION RECEIVES AN OPINION OF COUNSEL SATISFACTORY TO
IT, OR OTHERWISE SATISFIES ITSELF, THAT AN EXEMPTION FROM REGISTRATION IS AVAILABLE.
THE SALE, ASSIGNMENT, GIFT,
BEQUEST, TRANSFER, DISTRIBUTION, PLEDGE, HYPOTHECATION OR OTHER ENCUMBRANCE OR DISPOSITION OF THE SHARES REPRESENTED
BY THIS CERTIFICATE IS RESTRICTED BY AND MAY BE MADE ONLY IN ACCORDANCE WITH THE TERMS OF A LOCK-UP AGREEMENT, A COPY OF WHICH
MAY BE EXAMINED AT THE OFFICE OF THE CORPORATION.
10. Governing Law; Venue.
This Agreement will be governed as to validity, interpretation, construction, effect and in all other respects by the laws of
the State of Colorado.
11. Binding Effect. This
Agreement will be binding upon and inure to the benefit of the Company, its successors and assigns and to the Stockholder
and their respective permitted heirs, personal representatives, successors and assigns.
12. Entire Understanding.
This Agreement sets forth the entire agreement and understanding of the parties hereto in respect of the subject matter hereof
and the transactions contemplated hereby and supersedes all prior written and oral agreements, arrangements and understandings
relating to the subject matter hereof. This Agreement may not be changed orally, but may only be changed by an agreement in writing
signed by the party against whom enforcement of any waiver, change, modification or discharge is sought.
13. Remedies. The parties
hereto acknowledge that money damages are not an adequate remedy for violations of this Agreement and that any party may, in such
party’s sole discretion, apply to any court of competent jurisdiction for specific performance or injunctive relief or such
other relief as such court may deem just and proper in order to enforce this Agreement or prevent any violation hereof and, to
the extent permitted by applicable law, each party hereto waives any objection to the imposition of such relief. All rights, powers
and remedies provided under this Agreement or otherwise available in respect hereof, whether at law or in equity, shall be cumulative
and not alternative, and the exercise or beginning of the exercise of any thereof by any party hereto shall not preclude the simultaneous
or later exercise of any other such right, power or remedy by such party.
14. Counterparts. This
Agreement may be executed by facsimile and in any number of counterparts, each of which shall be deemed to be an original, but
all of which together shall constitute one and the same instrument. Each counterpart may consist of a number of copies each signed
by less than all, but together signed by all, of the parties hereto.
IN WITNESS WHEREOF,
this Agreement has been signed as of the date first above written.
BRAZIL INTERACTIVE MEDIA,
INC.
By: _________________________________
Name: Themistocles Psomiadis
Title: Chief Executive Officer
IN WITNESS WHEREOF,
the undersigned have caused this Lock-Up Leak-Out Agreement to be duly executed by their respective authorized signatories as
of the date first indicated above.
Name of Stockholder: |
|
|
|
Signature of Authorized Signatory of Stockholder: |
|
|
|
Name of Authorized Signatory: |
|
|
|
Title of Authorized Signatory: |
|
|
|
Telephone Number of Stockholder: |
|
|
|
Email Address of Stockholder: |
|
|
|
Facsimile Number of Stockholder: |
|
|
|
Address for Notice of Stockholder: |
|
|
|
Address for Delivery of Shares for Stockholder (if not same as address for notice): |
|
STOCKHOLDER’S SPOUSE (if
and as applicable):
The undersigned
spouse of the Stockholder has read and hereby approves the foregoing Agreement and agrees to be irrevocably bound by the Agreement
and further agrees that any community property interest shall be similarly bound by the Agreement. I hereby irrevocably appoint
my spouse as my attorney-in-fact with respect to any amendment or exercise of any rights under the Agreement.
Signature: ______________________________________________________________________
Name: _________________________________________________________________________
Signature of Authorized Signatory of Spouse: ____________________________
American Cannabis (QB) (USOTC:AMMJ)
Historical Stock Chart
From May 2024 to Jun 2024
American Cannabis (QB) (USOTC:AMMJ)
Historical Stock Chart
From Jun 2023 to Jun 2024