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): June 26, 2017
Kaya Holdings, Inc.
(Exact name of registrant as specified in charter)
Delaware
(State or other jurisdiction of incorporation)
| 333-177532 | 900898007 | |
| (Commission File Number) | (IRS Employer Identification No.) |
305 S. Andrews Avenue, Suite 209, Fort Lauderdale, Florida 33301
(Address of principal executive offices and zip code)
| (954) 534-7895 |
| (Registrant’s 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 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) |
| [ ] | 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)) |
As used in this Current Report on Form 8-K and unless otherwise indicated, the terms “KAYS,” “the Company,” “we,” “us” and “our” refer to Kaya Holdings, Inc. and its subsidiaries.
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On June 26, 2017, our board of directors, with Craig Frank, our President and Chief Executive Officer abstaining, unanimously approved to pay a bonus of $75,000.00 to Tudog International Consultants, Inc. for work performed by Mr. Frank in his executive capacities with KAYS and in consideration of certain milestones achieved in 2017 with respect to licensing efforts, branding and other aspects of implementation of the KAYS business plan.
SIGNATURE
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.
| KAYA HOLDINGS, INC. | |||
| Date: June 30, 2017 | By: | /s/ Craig Frank | |
| Craig Frank, President and Chief Executive Officer | |||