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: May 6, 2019
(Date of earliest event reported)
SCIO DIAMOND TECHNOLOGY CORPORATION
(Exact name of registrant as specified in its charter)
Commission File Number: 333-166786
| Nevada | 45-3849662 |
| (State or other jurisdiction of incorporation) | (IRS Employer Identification No.) |
411 University Ridge Suite 110
Greenville, SC 29601
(Address of principal executive offices, including zip code)
(864) 751-4880
(Registrant’s telephone number, including area code)
Not Applicable
(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)) |
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
On May 6, 2019, Scio Diamond Technology Corp received a resignation letter from Chief Financial Officer, Jonathan Pfohl.
There is no dispute concerning any accounting matter or Mr. Pfohl’s work responsibilities as Chief Financial Officer. Mr. Pfohl has not received compensation since June of 2017 for his work with the Company. Upon successful completion of the Adamas transaction, the parties hope to come to an arrangement.
The Board members and the CEO thank Jonathan for his service through numerous transitions in the business, most notably and most recently through the Asset Purchase Agreement with Adamas.
SIGNATURE
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.
| SCIO DIAMOND TECHNOLOGY CORPORATION | ||
| By: | /s/ Gerald McGuire | |
Gerald McGuire Chief Executive Officer | ||
Date: May 30, 2019
