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EX-10 - EXHIBIT 10.1 - BOTS, Inc./PR | rosenberg-mcigstockcancelret.htm |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
FORM 8-K
CURRENT REPORT Pursuant to Section 13 OR 15(d) off The Securities Exchange Act of 1934
Date of Report (Date of earliest September 25, 2016
MCIG, INC. (Exact name of registrant as specified in charter)
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Nevada |
333-175941 |
27-4439285 | |
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) | |
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2831 St. Rose Parkway, Suite 200, Henderson, NV |
89052 | ||
(Address of principal executive offices) |
(Zip Code) | ||
570-778-6459 Registrant’s telephone number
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-4(c) under the Exchange Act (17 CFR 240.13e -4(c))
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As used in this report, the terms “Company,” “our company,” “us,” “mCig,”, “we” and “our” refer to mCig, Inc. unless the context requires otherwise
ITEM 1.01 Entry Into a Material Definitive Agreement
On September 25, 2016, the Company entered into a Cancellation/Return to Treasury Agreement with Paul Rosenberg, the Company’s Chairman and CEO, whereby the Company will purchase into Treasury 5,000,000 shares of Series A Preferred Stock in exchange for $500. The Company has elected to retire these shares. The retirement reduces the fully diluted underlying shares of common stock by 9.3%.
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ITEM 9.01 Financial Statements and Exhibits. |
Exhibit No. |
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Description |
10.1 |
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Cancellation/Return to Treasury Agreement |
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. |
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MCIG, INC. | |
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Date: September 29, 2016 |
By: |
/s/ Paul Rosenberg |
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Paul Rosenberg, Chief Executive Officer |
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