|
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): September 18, 2019
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 Information
Increase
in Authorized Shares Relative To Note-Holder Compliance:
Richard
Hylen, the Chairman and CEO, and majority share holder of the Company authorized and approved the amendment to its Articles of
Incorporation on September 16, 2019 to increase the number of authorized shares from 1,500,000,000 to 5,000,000,000 with the Secretary
of State for Nevada.
The
purpose for the increase in the number of authorized shares is pursuant with the note-holder requirements for the required reserves
specified under each of the notes on the company’s derivative table. Fluctuation in stock price enforces issuer compliance
for note-holders to restructure share reserves.
As
of September 18, 2019, the current Issued/outstanding common shares are 490,189,299;
whereas of this amount, the number of restricted shares is 103,021,354 and the number
of non-restricted shares is 387,167,945. The total amounts of the notes with reserves
are in value of approximately $1,092,878.
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:
September 18, 2019
Simlatus
Corporation
|
By: /s/ Richard Hylen
|
|
Richard Hylen, Chairman and CEO
|
| 