Current Report Filing (8-k)
October 29 2014 - 3:00PM
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): October 27, 2014
(Exact Name of Registrant as Specified
in its Charter)
Nevada |
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000-54770 |
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45-0704149 |
(State or Other
Jurisdiction of Incorporation) |
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(Commission File Number) |
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(IRS Employer
Identification No.) |
2544 Tarpley Road Suite 12, Carrollton, TX 75006 |
(Address of Principal Executive Office) (Zip Code) |
Registrant's telephone number, including
area code: 214-666-8364
__________________________________
(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 (see General
Instruction A.2 below):
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 5.02. Departure of Directors or Principal Officers;
Election of Directors; Appointment of Principal Officers;
Med-Cannabis Pharma, Inc. (the “Company”)
has accepted the resignation of one of its directors. On October 27, 2014, Peter A. Preksto resigned from the Company. The Company
has not appointed a director to replace Mr. Preksto.
ITEM 8.01 Other Events.
The Company formed a new wholly-owned subsidiary, Medical
Management Systems, Inc. (“MMS”), an Oregon corporation. The new subsidiary was formed to act as a management company
for medical marijuana dispensaries in Oregon. The Company, through MMS, has agreed to act as manager of dispensary anticipated
to be opened in Bend, Oregon in December, 2014.
In connection with the formation of MMS, the Company
negotiated an extension of its current $200,000 line of credit. The lender agreed to extent the Company an additional $200,000
line of credit, at ten percent (10%) interest, subject to the lender’s approval of any material expenditures.
SIGNATURES
Pursuant to the requirements of
the Securities and Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned
hereunto duly authorized.
October 27, 2014 |
MED-CANNABIS PHARMA, INC. |
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|
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/s/ Graciela Moreno |
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Graciela Moreno, CEO |
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