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Form 8-K PINEAPPLE, INC. For: Jan 03

January 4, 2023 6:16 AM EST
0001654672 false 0001654672 2023-01-03 2023-01-03 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

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: 01-03-2023

(Date of earliest event reported)

 

PINEAPPLE, INC.

(Exact name of registrant as specified in its charter)

 

Commission File Number: 000-55896

 

Nevada   47-5185484
(State or other jurisdiction of   (I.R.S. Employer
incorporation or organization)   Identification No.)

 

10351 Santa Monica Blvd., Suite 420

Los Angeles, California 90025

(Address of principal executive offices, including zip code)

 

(310) 877-7675

(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:

 

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))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered

Common stock, $0.0000001 par

value per share

  PNPL   OTC Pink

 

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

 

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 13(a) of the Exchange Act. ☐

 

 

 

 
 

 

Item 1.01. Entry into a Material Definitive Agreement

 

PNPL hereby agrees to sell 45.18% interest in PVI for a purchase price of 20,000,000 PNPL shares paid at execution of this Letter of Intent (“Share Cancellation”). PNPL and ORTEGA further agree that PNPL shall no longer owe PVI or Neu-Ventures, Inc. (“NVI”), entities that are both 100% owned by ORTEGA, any funds and that PNPL shall no longer have any indebtedness to PVI or NVI after the date of this Agreement.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibits No   Description

10.1

  Binding Letter of Intent Regarding Equity Purchase
104   Cover Page Interactive Data File (Embedded within the Inline XBRL document and included in Exhibit)

 

 
 

 

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.

 

  PINEAPPLE, INC.
 
  By: /s/ Shawn Credle
Date: 01-03-2023 Name: Shawn Credle
  Title: Chief Executive Officer

 

 

 

ATTACHMENTS / EXHIBITS

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