Current Report Filing (8-k)
August 16 2018 - 12:04PM
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):
August 15, 2018
CREATIVE
LEARNING CORPORATION
|
(Exact
name of registrant as specified in its charter)
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|
|
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Delaware
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000-52883
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20-4456503
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(State
or other jurisdiction
of
incorporation)
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(Commission
File
Number)
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(IRS
Employer
Identification
No.)
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|
|
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701
Market Street, Suite 113
St.
Augustine, FL
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32095
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(Address
of principal executive offices)
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(Zip
Code)
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(904)
824-3133
Registrant’s
telephone number, including area code:
|
(Former
name or former address, if changed since last report.)
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Check
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 (
see
General Instruction A.2. below):
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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 ☐
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 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
of Certain Officers.
On
August 15, 2018, the Board of Directors of Creative Learning Corporation (the “Company”) appointed Blake Furlow as
Chief Executive Officer of the Company. At this time, Mr. Furlow will not be receiving any additional compensation for his service
as Chief Executive Officer and will continue to serve as a member of the Board of Directors of the Company.
Biographical
Information on Mr. Furlow
Blake
Furlow has served as a member of the Board of Directors of the Company since August 2017. In February 2015, Mr. Furlow co-founded
Boise Escape LLC (“Boise Escape”), a private company that offers an escape the room game, which is a real-life team-based
puzzle game. Since founding Boise Escape, Mr. Furlow has served as President. In addition, Mr. Furlow has invested privately in
commercial real estate and development since March 2009. In 2006, Mr. Furlow founded an internet lending company, Pay Day Loan
Rescue, Inc., which offered borrowers relief from short term loans and provided consumer finance education, where he worked until
July 2013.
Related
Party Transactions
As
previously disclosed in the Company’s Annual Report on Form 10-K for the fiscal year ended September 30, 2017 as well as
in other public filings of the Company, the Company entered into a line of credit agreement in the amount of $50,000 with Mr.
Furlow on December 29, 2017. The agreement was intended to provide liquidity in the event the Company needed access to such. The
agreement is payable upon demand, has an initial term of 5 years, and bears interest at market rates. As of the date hereof, no
amounts were outstanding on the line of credit.
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.
Dated: August 16, 2018
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CREATIVE LEARNING CORPORATION
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By:
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Name:
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Christian
Miller
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Title:
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Chief
Financial Officer and Chief Operating Officer
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