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): February 22, 2019
PIERRE CORP.
---------------------------------------
(Exact name of Registrant as specified in its charter)
Nevada 333-227286
------------------------- ------------------ --------------
(State or other jurisdiction (Commission File No.) (IRS Employer
of incorporation) Identification No.)
750 N. San Vicente, Suite 800 West
West Hollywood, CA 90069
------------------------------------
(Address of principal executive offices, including Zip Code)
Registrant's telephone number, including area code: (818) 855-8199
(Former name or former address if changed since last report)
Check 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-14(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as
defined in Rule 405 of the Securities Act of 1933 (ss.203.405 of this chapter)
or Rule 12b-2 of the Securities Exchange Act of 1934 (ss.204.12b-2 of this
chapter.
Emerging growth company [ ]
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. [ ]
1
Item 1.02 Termination of A Material Definitive Agreement.
On February 22, 2019 the Company terminated its two agreements relating to
the acquisition of licenses that may be awarded to operate cultivation and
manufacturing facilities in the Los Angeles metropolitan area.
On March 20, 2019 the Company entered into a Letter of Intent with an
unrelated third party concerning marijuana licenses in Los Angeles County. The
Letter of Intent provides that the Company will pay $850,000 for licenses to
cultivate, manufacture, distribute, and deliver marijuana in California. However
the Company will not acquire any aspects of the licenses that relate to retail
delivery or store front retail.
The acquisition of the licenses is subject to a number of conditions,
including a requirement that the licenses, which expired in June 2018, be
renewed by the government authorities which issued the licenses.
If the licenses are acquired, the Company plans to construct a cultivation,
manufacturing and distribution facility in Los Angeles County and sell marijuana
throughout California.
2
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.
Date: March 25, 2019
PIERRE, CORP.
By: /s/ J. Jacob Isaacs
----------------------------------------
J. Jacob Isaacs, Chief Executive Officer