Current Report Filing (8-k)
January 05 2021 - 5:25PM
Edgar (US Regulatory)
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): January 1, 2021
GLOBAL
HEALTHCARE REIT, INC.
(Exact Name of Registrant as Specified in its Charter)
Utah
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0-15415
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87-0340206
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(State
or other jurisdiction
of
incorporation)
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Commission
File
Number
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(I.R.S.
Employer
Identification
number)
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6800
N. 79th St., Ste. 200, Niwot, CO 80503
(Address
of principal executive offices) (Zip Code)
Registrant’s
telephone number, including area code: (303) 449-2100
(Former
name or former address, if changed since last report)
[ ]
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Written
communications pursuant to Rule 425 under the Securities Act
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[ ]
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act
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[ ]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act
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[ ]
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act
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Securities
registered pursuant to Section 12(b) of the Act:
Title
of each Class
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Trading
Symbol
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Name
of each exchange on which registered
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N/A
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N/A
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N/A
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Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company [ X ]
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.
[ ]
ITEM
5.02
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ELECTION
OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
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ITEM
7.01
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REGULATION
FD DISCLOSURE
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Global
Healthcare REIT, Inc. (the “Company”), issued a press release today announcing that Christopher “Randy”
Barker has been appointed President and COO of the Company and is the newest Member of its Board of Directors, effective date
of January 1, 2021. Mr. Barker will replace Lance Baller who has been acting as the Company’s Interim President. A copy
of the press release is filed herewith as Exhibit 99.1
The
following is biographical information for Mr. Barker.
Randy
Barker, age 53, is a co-founder and part of the Management Group at Graphium Health, a mobile, cloud-based software platform for
anesthesia related to compliance, billing, revenue cycle management, electronic data capture and operational excellence. Mr. Barker
served as the CEO of Graphium Health from 2011 to 2016.
Mr.
Barker is also a co-founder/partner of empathiHR, launched in 2020 as a video based learning management/content management platform
hybrid producing custom courses leveraging industry subject matter experts that enable businesses to manage compliance needs,
and offer quality learning for their organization. He is also the co-founder/partner of HR Vids, launched in 2019 as a software
platform that leverages video to assist with hiring, engagement and retention in high-turnover industries.
Randy
is a graduate of Roberts Wesleyan College with a Bachelor of Arts degree in Communications, with a concentration in Business.
He also volunteers with a number of charities including being a Board Member of an orphanage in Kenya, as well as working with
a private Christian school in Nicaragua.
In
consideration of services rendered as President and COO of the Company, Mr. Barker shall be paid an annual salary of $125,000.
Randy’s employment will be “at will” and can be terminated by either party on reasonable notice.
Effective
January 1, 2021, Lance Baller shall resign as Interim President of the Company but shall remain as CEO and shall also be appointed
to serve as the Company’s Chairman of the Board. In consideration of services rendered as CEO of the Company, Mr. Baller
shall be paid an annual salary of $125,000.
The
information in this Current Report on Form 8-K furnished pursuant to Item 7.01, including Exhibit 99.1, shall not be deemed to
be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange
Act”), or otherwise subject to liability under that section, and they shall not be deemed incorporated by reference in any
filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference
in such filing. By filing this Current Report on Form 8-K and furnishing this information pursuant to Item 7.01, The Company makes
no admission as to the materiality of any information in this Current Report on Form 8-K, including Exhibit 99.1, that is required
to be disclosed solely by Regulation FD.
SIGNATURE
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 thereunto duly authorized.
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Global
Healthcare REIT, Inc.
(Registrant)
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Dated:
January 5, 2021
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/s/ Christopher R. Barker
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Christopher R. Barker, President and COO
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