Current Report Filing (8-k)
SECURITIES AND EXCHANGE COMMISSION
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 5,
MARIJUANA COMPANY OF AMERICA, INC.
(Exact Name of Registrant as Specified in its Charter)
(State or other jurisdiction of incorporation or organization)
Commission File Number
1340 West Valley Parkway Suite #205 Escondido, California
(Address of Principal Executive Offices and Zip Code)
(Issuer's telephone number)
(Former name or former address, if changed since last report.)
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:
communications pursuant to Rule 425 under the Securities Act (17
¨ Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
Securities registered pursuant to Section 12(b) of the Act:
of Each Class
of Exchange on Which Registered
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).
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.
(d) On January 5, 2021, the registrant appointed Tad Mailander as
an independent member of its board of directors. There is no
arrangement or understanding between the registrant and Mr.
Mailander and any other person pursuant to which Mr. Mailander was
selected as a director. The registrant does not expect to name Mr.
Mailander to any board committees. The registrant and Mr. Mailander
entered into an agreement whereby the registrant agreed to
compensate Mr. Mailander by paying him a quarterly salary of
$5,000, either in cash or in the Registrant’s common stock at the
discretion of the Registrant.
There are no disclosable family relationships as required by Item
401(d) of Regulation S-K between Mr. Mailander and the Registrant
or its control persons, and there are no disclosable related person
transactions between the registrant and Mr. Mailander as required
by Item 404(a) of Regulation S-K.
Mr. Mailander, age 65, serves as independent director. Mr.
Mailander is an attorney licensed to practice before all of the
Courts in the State of California. Mr. Mailander has been in
practice since 1991 and is a member of the State Bar of California,
the bars of the United States District Court for the Southern
District of California, and the United States Court of Appeal for
the Ninth Circuit.
Section 9 – Financial Statement and Exhibits
Item 9.01 Financial Statements and Exhibits
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 January 6, 2021
MARIJUANA COMPANY OF AMERICA, INC.
/s/ Jesus M. Quintero
Jesus M. Quintero
(Principal Executive Officer)