UNITED STATES
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): September 19, 2022
Right On Brands, Inc. |
(Exact name of small business issuer as specified in its charter) |
Nevada | | 45-1994478 |
(State or other jurisdiction of incorporation or organization) | | (IRS Employer Identification No.) |
6501 Dalrock Rd., Ste. 100, Rowlett, Texas 75089 |
(Address of principal executive offices) |
(214) 299-9528 |
(Issuer’s telephone number) |
______________________________________________________ (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):
☐ 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 8.01.Other Events
CANCELLATION OF COMMON SHARES
The SEC v. Crown Bridge Partners {SEC File No. 000-55704} which show RTON was a victim of Crown Bridges’ unregistered dealer activity in the referenced now-settled action. The commission has settled its claims against Crown Bridge and its principles, which includes disgorgement and penalty payments of in excess of $9 million dollars. We have also cancelled 153,114,035 common shares of RTON common stock. We have given notice to the SEC of our pending claim of approximately $150,000.
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.
Right On Brands, Inc. | |
| |
/s/ Jerry Grisaffi | |
Jerry Grisaffi | |
Chief Executive Officer | |
Date: September 21, 2022 | |