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 16, 2020
AMAZING ENERGY OIL AND GAS, CO.
(Exact name of registrant as specified in its charter)
NEVADA
(State or other jurisdiction of incorporation)
000-52392
(Commission File No.)
1308 Ninth Street
Slidell, LA 70458
(Address of principal executive offices and Zip Code)
(985) 641-5010
(Registrant’s telephone number, including area
code)
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):
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Written
communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
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Item 8.01 Other Events.
On March 4, 2020, the U.S. Securities and Exchange Commission (the
“Commission”) issued an order under Section 36 (Release
No. 34-88318) of the Securities Exchange Act of 1934, as amended
(“Exchange Act”), granting exemptions from specified
provisions of the Exchange Act and certain rules thereunder (the
“Order”). The Order provides that a registrant subject
to the reporting requirements of Exchange Act Section 13(a) or
15(d), and any person required to make any filings with respect to
such a registrant, is exempt from any requirement to file or
furnish materials with the Commission under Exchange Act Sections
13(a), 13(f), 13(g), 14(a), 14(c), 14(f), 15(d) and Regulations
13A, Regulation 13D-G (except for those provisions mandating the
filing of Schedule 13D or amendments to Schedule 13D), 14A, 14C and
15D, and Exchange Act Rules 13f-1, and 14f-1, as applicable,
where
Amazing Energy Oil and Gas, Co. (“Amazing” or the
“Company”) is furnishing this Current Report on Form
8-K to indicate its reliance on the Order in connection with the
Company’s Quarterly Report on Form 10-Q for the quarter ended
April 30, 2020, as a result of the circumstances set forth
below.
Due to
stay at home orders, requirements of social distancing and other
precautionary measures taken due to the COVID-19 pandemic, the
Company’s normal operations have been severely curtailed and
interrupted. There has also been a delay of information flow from
customers, suppliers, contractors and other persons and
third-parties involved in the oil and gas industry generally and
the Company’s operations specifically. Due to the
Company’s key internal and external accounting personnel
responsible for assisting the Company in the preparation of its
financial statements no longer being actively employed by the
Company or being required to work remotely because of COVID-19, the
Company has been unable to timely prepare a Quarterly Report on
Form 10-Q or provide to its auditors and accountants the financial
records to provide consent. These unforeseen circumstances have
resulted in the Company being unable to timely file an accurate
Quarterly Report on Form 10-Q for its quarter ended April 30, 2020,
by the prescribed date without undue hardship and expense to the
Company. Accordingly, in reliance upon the Order, the Company
expects to file its Quarterly Report on Form 10-Q no later than 45
days after the due date of filing of June 15, 2020, unless the
COVID-19 circumstances do not change and cause a further delay, in
which case we will file for an extension and amendment to this
Current Report on Form 8-K.
Our business may suffer from the severity or longevity of the
COVID-19 Global Outbreak.
The COVID-19 is currently impacting countries, communities, supply
chains and markets, as well as the global financial markets. To
date, COVID-19 has had a material impact on the Company, in
addition to that as set forth above by negatively impacting the
Company’s ability to extract, sell and deliver its oil and
gas production. The Company cannot predict whether COVID- 19 will
continue to have a material impact on our financial condition and
results of operations due to understaffing and/or disruptions in
the oil and gas industry and markets, among other factors. In
addition, at this time we cannot predict the impact of COVID-19 on
our ability to obtain financing necessary for the Company to fund
our working capital requirements. In most respects, it is too early
in the COVID-19 pandemic to be able to quantify or qualify the
longer-term ramifications on our business, our customers and/or our
potential investors.
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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.
Dated
this 17th
day of June, 2020.
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AMAZING ENERGY OIL AND GAS, CO.
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BY:
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/s/ Tony
Alford
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Tony
Alford, Chairman of the Board
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