UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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, 2016
Exactus, Inc.
(Exact
name of small business issuer as specified in its
charter)
Nevada
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27-1085858
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(State
or other jurisdiction of incorporation or
organization)
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(IRS
Employer Identification No.)
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4870 Sadler Rd,
Suite 300, Glen Allen, VA 23060
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(Address
of principal executive offices)
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(804)
205-5036
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(Issuer’s
telephone number)
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____________________________________________________________
(Former
name or former address, if changed since last report)
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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 (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-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item
8.01
Other
Events.
As
previously disclosed, Exactus, Inc. (the
“Company”) issued an additional 500,000 shares of
common stock (the “Shares”) in December 2016 to IRTH
Communications, LLC (“IRTH”, and together with
the Company, the “Parties”) pursuant to an
addendum to a services agreement and in consideration of certain
additional services, including telemarketing and investor outreach
services, to be provided by IRTH. On February 22, 2017, the
Parties agreed that IRTH would not provide the additional services
and the Shares were returned to the Company and
retired.
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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Exactus, Inc.
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Dated:
February 24, 2017
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/s/ Philip J.
Young
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Philip
J. Young
CEO
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