Current Report Filing (8-k)
June 16 2020 - 4:49PM
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): June 12, 2020
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
|
98-1246221
(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)
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 5 - Corporate Governance
and Management
Item 5.02 Departure of Directors
or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d) On June
12, 2020, the registrant appointed March Guerrero as a member of its board of directors. There is no arrangement or understanding
between the registrant and Mr. Guerrero and any other person pursuant to which Mr. Guerrero was selected as a director. The registrant
does not expect to name Mr. Guerrero to any board committees. The registrant and Mr. Guerrero entered into an agreement whereby
the registrant agreed to compensate Mr. Guerrero by paying him a quarterly salary of $5,000, either in cash or in the Registrant’s
common stock at the discretion of the Registrant.
There are
no disclosable family relationships as required by Item 401(d) of Regulation S-K between Mr. Guerrero and the Registrant or its
control persons, and there are no disclosable related person transactions between the registrant and Mr. Guerrero as required by
Item 404(a) of Regulation S-K.
Mr. Guerrero
holds a bachelor’s degree in business administration and a post graduate degree in Controllership from Instituto Presbiteriano
Mackenzie, in Brazil. He studied in the UK and worked for several years in the USA in partnership with reinsurance agents. He is
a professional executive with more than 20 years of experience in insurance and reinsurance. He is the co-founder of Truster Brasil,
a reputable reinsurance company specializing in Latin America and the Caribbean.
Section 9 – Financial Statement
and Exhibits
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 hereunto
duly authorized.
Dated June 16, 2020
MARIJUANA COMPANY OF AMERICA, INC.
By: /s/ Jesus Quintero
Jesus Quintero
(Principal Executive Officer)
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