Current Report Filing (8-k)

Date : 08/01/2019 @ 5:55PM
Source : Edgar (US Regulatory)
Stock : Simlatus Corporation (SIML)
Quote : 0.0002  0.0001 (100.00%) @ 8:48PM

Current Report Filing (8-k)

 

 

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): August 1, 2019

 

(SIMLATUS CORP LOGO)

 

Simlatus Corp.

(Exact name of Company as specified in its charter)

 

Nevada 000-53276 20-2675800
(State or other jurisdiction (Commission File Number) (IRS Employer
of Incorporation)   Identification Number)

 

175 Joerschke Dr., Suite A
Grass Valley, CA 95945 

(Address of principal executive offices)
 

  Phone: (530) 205-3437

(Company’s Telephone Number)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Company under any of the following provisions:

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Item 8.01. Other Events.

 

Purchase Order for Proscere Biosciences Cold-Water CBD Extraction Systems with Alcohol on July 31, 2019.

 

Pursuant with the distribution agreement with United Opportunities, LLC, where as on March 29, 2019, the Company and its subsidiary, Proscere Bioscience Inc., entered into a Distribution Agreement with United Opportunities, LLC allowing the rights to sell the Cold Water CBD Extraction Systems with Alcohol within Canada and Europe; the company received a commercial purchase order from United Opportunities, LLC on July 31, 2019 to manufacture 4 Cold-Water CBD Extraction Systems with Alcohol for one of their customers in the amount of $16,945,668. After manufacturing and delivery, the net profit is approximately $8.4 M. The term of the Agreement with United Opportunities, LLC is for five years with guaranteed minimal purchase orders of $35,000,000 per year and/or $175,000,000 over a Five year period.

 

 

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.

 

Date: August 1, 2019

 

Simlatus Corporation

 

/s/ Richard Hylen
By: Richard Hylen, CEO and Chairman

 

Simlatus Corporation (USOTC:SIML)
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