Current Report Filing (8-k)
November 08 2017 - 1:43PM
Edgar (US Regulatory)
SECURITIES
AND EXCHANGE COMMISSION
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):
November 6, 2017
MARIJUANA COMPANY OF AMERICA, INC.
(Exact
Name of Registrant as Specified in its Charter)
Utah
(State or other jurisdiction of
incorporation
or organization)
|
Commission File Number
000-27039
|
87-0406858
(I.R.S. Employer
Identification Number)
|
1340 West Valley Parkway Suite #205
Escondido, California 92029
(Address of Principal Executive Offices and Zip Code)
(888) 777-4362
(Issuer's telephone number)
(Former Name or Former Address, if Changed
Since Last Report)
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:
¨
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 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange
Act of 1934 (17 CFR §240.12b-2).
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.
☒
Section 1 - Registrant’s Business and Operations
Item 1.01 Amendment of a Material Definitive Agreement.
(a)(1) On November 6, 2017, Marijuana
Company of America, Inc. (the “Registrant”) amended a material definitive agreement not made in the ordinary course
of its business. The parties to the agreement are the Registrant and Bougainville Ventures, Inc. (“Bougainville”).
With the exception of the entry into the subject amendment to the material definitive agreement, no material relationship exists
between the Registrant, or any of the Registrant’s affiliates or control persons on the one hand, and Bougainville, and any
of its affiliates or control persons on the other hand.
(a)(2) On March 16, 2017, the Registrant
and Bougainville entered into a Joint Venture Agreement (“Agreement”). The Agreement required the Registrant to raise
funds for the Joint Venture Project in the amount of not less than one million dollars ($1,000,000). Pursuant to Section 12.9 of
the Agreement, the Registrant and Bougainville entered into a written amendment of the Agreement which changed the Registrant’s
funding obligation from one million dollars ($1,000,000) to eight hundred thousand dollars ($800,000), and separately required
the Registrant to issue to Bougainville or its designee fifteen million (15,000,000) shares of its restricted common stock pursuant
to the Reg. D exemption from registration pursuant to the 1933 Securities and Exchange Act.
Section
9 - Financial Statements and Exhibits
Item 9.01 Financial Statements and
Exhibits.
Exhibit Index:
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 November 8, 2017
MARIJUANA COMPANY OF AMERICA, INC.
By: /s/
Donald Steinberg
Donald Steinberg
Chief Executive Officer
(Principal Executive Officer)
Marijuana Company of Ame... (CE) (USOTC:MCOA)
Historical Stock Chart
From Sep 2024 to Oct 2024
Marijuana Company of Ame... (CE) (USOTC:MCOA)
Historical Stock Chart
From Oct 2023 to Oct 2024