Current Report Filing (8-k)
August 26 2021 - 08:56AM
Edgar (US Regulatory)
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2021-04-27 iso4217:USD xbrli:shares iso4217:USD xbrli:shares
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) April
27, 2021
LABOR SMART, INC. |
(Exact
name of registrant as specified in its charter) |
Nevada |
|
45-2433287 |
(State or
other jurisdiction of incorporation or organization) |
|
(I.R.S.
Employer Identification No.) |
3270 Florence Road,
Suite 200,
Powder Springs,
GA |
|
30127 |
(Address of
principal executive offices) |
|
(Zip
Code) |
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|
|
Registrant’s
telephone number, including area 214-785-6355
Copies
to:
Ken Bart
Mitchell Silberberg & Knupp LLP.
437 Madison Avenue, 25th Floor
New York, NY 10022
Tel:
917-546-7768
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)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title of
each class |
Ticker
symbol(s) |
Name of each
exchange on which registered |
None |
|
|
|
|
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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
☐
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. ☐
Forward-Looking
Statements
This Current
Report on Form 8-K and other written and oral statements made from
time to time by us may contain so-called “forward-looking
statements,” all of which are subject to risks and uncertainties.
Forward-looking statements can be identified by the use of words
such as “expects,” “plans,” “will,” “forecasts,” “projects,”
“intends,” “estimates,” and other words of similar meaning. One can
identify them by the fact that they do not relate strictly to
historical or current facts. These statements are likely to address
our growth strategy, financial results and product and development
programs. One must carefully consider any such statement and should
understand that many factors could cause actual results to differ
from our forward looking statements. These factors may include
inaccurate assumptions and a broad variety of other risks and
uncertainties, including some that are known and some that are not.
No forward looking statement can be guaranteed and actual future
results may vary materially.
Information
regarding market and industry statistics contained in this Current
Report on Form 8-K is included based on information available to us
that the Company believes is accurate. It is generally based on
industry and other publications that are not produced for purposes
of securities offerings or economic analysis. The Company has not
reviewed or included data from all sources, and cannot assure
investors of the accuracy or completeness of the data included in
this Current Report. Forecasts and other forward-looking
information obtained from these sources are subject to the same
qualifications and the additional uncertainties accompanying any
estimates of future market size, revenue and market acceptance of
products and services. The Company does not assume any obligation
to update any forward-looking statement. As a result, investors
should not place undue reliance on these forward-looking
statements.
Item
1.01. ENTRY INTO MATERIAL DEFINITIVE AGREEMENT.
On April 27,
2021, Labor Smart, Inc., entered into a joint venture agreement
with Emmanuel “Manny” Pacquiao (“MP”) and the Manny Pacquiao
Foundation (“MPF”), whereby, the Company has received the ability
to use the name, likeness, and endorsement of MP and MPF in
connection with the advertisement and sale of our enhanced water
beverage NXT LVL (the “Agreement”). The foregoing descriptions of
the above referenced agreement does not purport to be complete. For
an understanding of its terms and provisions, reference should be
made to the Agreement. The Agreement is attached as exhibit 10.1
and is incorporated by reference to this Item 1.01.
Item
7.01 REGULATION FD DISCLOSURE.
Pursuant to
a press release, attached as exhibit 99.1 to this Current Report,
the Company would like to announce the launch of three separate
products, as follows:
|
1. |
NXT LVL
Hydrogen Water (nxtlvlusa.com). |
|
2. |
Manny
Pacquiao Signature Can of NXT LVL Hydrogen Water (nxtlvlusa.com/pacman). |
|
3. |
NXT LVL
Up (nxtlvlusa.com/gaming). |
The
information furnished herein, including Exhibit 99.1, is not deemed
to be “filed” for purposes of Section 18 of the Exchange Act, or
otherwise subject to the liability of that section. This
information will not be deemed to be incorporated by reference into
any filing under the Securities Act or the Exchange Act, except to
the extent that the registrant specifically incorporates them by
reference.
ITEM 9.01
FINANCIAL STATEMENTS AND EXHIBITS.
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 thereunto duly authorized.
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LABOR
SMART, INC. |
|
|
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Date: August 25,
2021 |
By: |
/s/ Joe
Pavlik |
|
|
Joe Pavlik |
|
|
Chief Executive
Officer |
Labor Smart (CE) (USOTC:LTNC)
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