Current Report Filing (8-k)
15 March 2017 - 12:13AM
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): March 8, 2017
Commission file number
000-23446
SUGARMADE, INC.
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(Exact name of registrant as specified in its charter)
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Delaware
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94-3008888
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(State or other jurisdiction of
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(I.R.S. Employer
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incorporation or organization)
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Identification No.)
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167 N. Sunset Ave., City of Industry, CA
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91744
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(Address of principal executive offices)
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(Zip Code)
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(888) 982-1628
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(Registrant's telephone number, including
area
code)
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N/A
(Former name,
former address and former fiscal year, 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 Company 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))
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Item 8.01 Other Events.
On March 8, 2017, Directors of Sugarmade Inc., a Delaware
Corporation (the “Company”) approved the cancellation of 9,003,000 common shares in the Company.
Pursuant to a Share Cancellation Agreement dated March
8, 2017 between Mr. Scott Lantz, a former CEO of the Company, and the Company, effective on March 8, 2017, the Board of Directors
(the “Board”) authorized the cancellation of two million (2,259,229) common shares in the Company. Additionally, the
Board authorized the reissuance of 259,229 to Mr. Lantz, which are to be issued on a restricted basis and will be subject to normal
resale holding periods and restrictions.
On March 8, 2017, the Board also authorized the cancellation
of the below listed certificates. The Board has determined these certificates were improperly issued and are therefore cancelled
as of this date.
Certificate
9536 for 1,500,000 common shares
Certificate
9537 for 1,500,000 common shares
Certificate
9538 for 3,000,000 common shares
Certificate
9537 for 571,000 common shares
Certificate
9562 for 432,000 common shares
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.
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SUGARMADE, INC.
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Date: March 13, 2017
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By:
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/s/ Jimmy Chan
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Name: Jimmy Chan
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Title: Chief Executive Officer
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