Current Report Filing (8-k)
June 21 2019 - 12:05PM
Edgar (US Regulatory)
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 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): June 18, 2019
ROCKY
MOUNTAIN HIGH BRANDS, INC.
(Exact
name of the registrant as specified in its charter)
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Nevada
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000-55609
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90-0895673
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(State or other jurisdiction
of incorporation)
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(Commission File
Number)
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(I.R.S. Employer
Identification No.)
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9101
LBJ Freeway, Suite 200; Dallas, TX
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75243
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code: 800-260-9062
______________________________________________________
(Former
name or 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):
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Written communications pursuant
to Rule 425 under the Securities Act (17 CFR 230.425)
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[ ]
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Soliciting material pursuant to Rule 14a-12
under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to
Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to
Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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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 [X]
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 8 – Other Events
Item 8.01 Other Events
On
June 18, 2019, we consummated a Settlement Agreement (the “Agreement”) with several defendants in the litigation entitled
Rocky Mountain High Brands, Inc. f/k/a/ Republic of Texas Brands, Inc. v. Joe Radcliffe, et al
;
Case Number DC-18-13491
pending in the District Court for Dallas County, Texas (the “Court”). This case is a continuation of our litigation
originally filed against our former Chairman, Jerry Grisaffi and various other defendants.
Under
the Agreement, we have reached final and binding settlements with defendants Joe Radcliffe, Kenneth Radcliffe, Dennis Radcliffe,
Crackerjack Classic, LLC, and Universal Consulting, LLC (collectively, the “Radcliffes”), and Epic One Group, LLC (“Epic”).
Under the Agreement:
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The Radcliffes delivered to the company for
cancellation a total of 6.75 million shares of common stock;
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The Radcliffes made a settlement payment to
the company in the amount of $200,000;
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The Radcliffes agreed to dismiss a separate
suit filed against two of our directors;
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The parties filed an agreed order dismissing
the case, including all claims and counterclaims amongst the company, the Radcliffes, and Epic; and
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The parties have exchanged mutual releases.
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Upon filing
and entry of the agreed dismissal order by the Court, our litigation with the Radcliffes and Epic will be concluded.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on behalf
of the undersigned hereunto duly authorized.
ROCKY
MOUNTAIN HIGH BRANDS, INC.
Date:
June 21, 2019
By:
/s/ Michael R. Welch
Michael
R. Welch
President
and Chief Executive Officer
Rocky Mountain High Brands (PK) (USOTC:RMHB)
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