James Philip Crone Form 3 True Nature Holding / James Philip Crone ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Crone James Philip

(Last) (First) (Middle)

1355 PEACHTREE STREET

SUITE 1150

(Street)

ATLANTA GA 30309

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
10/15/2018

3. Issuer Name and Ticker or Trading Symbol
True Nature Holding, Inc. [ TNTY ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Pres, Interim CFO, Sec, Dir

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.01 per share	100,000(1)	D
Common Stock, par value $0.01 per share	600,000(2)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On September 28, 2018, Mr. Crone was issued 100,000 shares of restricted common stock as compensation for his services as a member of the Advisory Board. These shares are not subject to vesting condition or performance requirements.

2. On October 15, 2018, Mr. Crone was awarded in the aggregate 600,000 shares (the "Shares") of restricted common stock in connection with that certain Employment Agreement (the "Agreement") entered into with True Nature Holding Inc., a Delaware corporation (the "Company"), subject to certain vesting requirements. Mr. Crone shall earn 200,000 of the Shares upon his employment with the Company for 30 days from the effective date of the Agreement; 200,000 of the Shares shall be earned upon his employment with the Company for 90 days from the effective date of the Agreement; and 200,000 of the Shares upon the Company's completion of a capital raise of $2,000,000.

	/s/ James Philip Crone	11/02/2018
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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