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: January 6, 2021
PURE HARVEST CORPORATE GROUP, INC.
----------------------------------------
(Name of registrant as specified in its charter)
Colorado 333-212055 71-0952431
-------------- ------------ ---------------
State of Commission IRS Employer
Incorporation File Identification No.
Number
7400 E. Crestline Cir. Ste. 130
Greenwood Village, CO 80111
--------------------------------
Address of principal executive offices
(800) 560-5148
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(b) under the Exchange Act (17
CFR 240.14a-12(b))
[ ] 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))
Securities registered pursuant to Section 12(b) of the Act:
--------------------------------------------------------------------------------
Title of each Trading Name of each exchange on which
class Symbol(s) registered
--------------------------------------------------------------------------------
None N/A N/A
--------------------------------------------------------------------------------
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]
Item 1.01 Entry Into a Material Definitive Agreement.
On January 6, 2021, the Company entered into an agreement to consolidate and
secure obligations owed to the Company by How Smooth It Is, Inc. ("HSII") and
HSII's sole shareholder. Under the terms of the Agreement, the obligations to
the Company were consolidated into a single $2,750,000 promissory note bearing
interest at 8% per year with a maturity date of March 31, 2021 (the "Note"). The
Note is secured by the assets of HSII. Additionally, the sole shareholder of
HSII has personally guaranteed payment of the Note.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
January 7, 2021
PURE HARVEST CORPORATE GROUP, INC.
By:
-----------------------------------
Matthew Gregarek
Chief Executive Officer