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 15, 2020
PURE HARVEST CANNABIS GROUP, INC.
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(Name of registrant as specified in its charter)
Colorado 333-212055 71-0942431
State of Commission File IRS Employer
Incorporation Number Identification No.
2401 E. 2nd Avenue, Suite 600
Denver, CO 80206
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Address of principal executive offices
(800) 924-3716
Telephone number, including area code
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-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 (230.405 of this chapter) or
Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter).
Emerging Growth Company [x]
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 13a of the
Exchange Act. [x]
Securities registered pursuant to Section 12(b) of the Act:
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Title of each Trading Name of each exchange on which
class Symbol(s) registered
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None N/A N/A
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Item 8.01 Other Events
Pure Harvest Cannabis Group, Inc. (the "Company") will be relying on the
Securities and Exchange Commission's Order under Section 36 of the Securities
Exchange Act of 1934 Granting Exemptions From Specified Provisions of the
Exchange Act and Certain Rules Thereunder dated March 4, 2020 (Release No.
34-88318) (the "Order") to delay the filing of its Quarterly Report on Form 10-Q
for the three months ended March 31, 2020 (the "Report") due to circumstances
related to the coronavirus disease 2019 ("COVID-19").
On April 9, 2020, Colorado's Governor, announced a statewide "stay at home"
order to prevent the further spread of COVID-19 in the state. The move, which
asks all Coloradans to remain at home unless they have an essential reason for
going out lasted until April 26, 2020. The Company's headquarters, outside legal
counsel, and audit firm are all located in Colorado. The disruptions in
transportation, staffing, access to their facilities and technology systems
which have occurred over the last week to both the Company and the Company's
professional advisors have resulted in limited support from the Company's staff
and professional advisors. This has, in turn, delayed the Company's ability to
complete the procedures needed to ensure a complete and accurate Report.
Notwithstanding the foregoing, the Company expects to file the Report no later
than June 29, 2020 (which is 45 days from the Report's original filing deadline
of May 15, 2020).
In light of the current COVID-19 pandemic, the Company will be including the
following Risk Factor in its Report:
The occurrence of the COVID-19 pandemic may negatively affect our operations
depending on the severity and longevity of the pandemic.
The COVID-19 pandemic is currently impacting countries, communities, supply
chains and markets as well as the global financial markets. A pandemic typically
results in social distancing, travel bans and quarantine, and this may limit
access to our facilities, customers, management, support staff and professional
advisors. These factors, in turn, may not only impact our operations, financial
condition and demand for our goods and services but our overall ability to react
timely to mitigate the impact of this event. Also, it may hamper our efforts to
comply with our filing obligations with the Securities and Exchange Commission.
Depending on the severity and longevity of the COVID-19 pandemic, our business,
customers, and shareholders may experience a significant negative impact.
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: May 15, 2020 PURE HARVEST CANNABIS GROUP, INC.
By: /s/ Matthew Gregarek
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Matthew Gregarek
Chief Executive Officer