UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of
Report (Date of earliest event reported): January 16,
name of the registrant as specified in its charter)
or other jurisdiction of incorporation)
Employer Identification No.)
80 NE 4th Avenue, Suite 28, Delray Beach, FL 33483
of principle executive offices) (Zip code)
telephone number, including area code: (561) 455-4822
name or address if changed since last report)
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
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)).
by check mark whether the registrant is an emerging growth company
as defined in 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
Emerging growth company
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.
SECTION 5 – CORPORATE GOVERNANCE AND MANAGEMENT
5.02 Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers
16, 2020, Alvaro Daniel Alberttis was appointed to serve as a
member of our board of directors.
Alvaro Daniel Alberttis, age
43, is an
entrepreneurial executive, advisor and investor with over twenty
years of experience across diverse small-middle market businesses
and nonprofit organizations. Since 2013, he has served as the
Managing Director of Strategic Philanthropy for The Kannico Agency,
LLC. At the Kannico Agency, Mr. Alberttis directs strategy and
execution of the firm’s global philanthropic consulting
operations. In addition, Mr. Alberttis is an experienced commercial
banking executive, and has served in a multitude of financial
advisory positions for consumers and corporations for over thirteen
years. He began his commercial banking career as a Senior Branch
Manager with a staff of thirty and transitioned into a Senior
Commercial Banker advising clients in all industries with a
specialization in Government, Large Nonprofit and Educational
clients across the South East U.S. As a commercial banker, Mr.
Alberttis has served with JP Morgan Chase, NA (2011-2017); PNC Bank
NA (2007-2011); and TD Bank, NA (2004-2007). Since 2013, he has
also served as a Trustee of the Quantum Foundation, a private
philanthropic foundation focused solely on supporting healthcare
initiatives. Mr. Alberttis holds a B.S. in Business Management from
Lynn University (2010), and a Masters Degree in Nonprofit
Management from Florida Atlantic University (2013).
Alberttis has not had any material direct or indirect interest in
any of our transactions or proposed transactions over the last two
connection with his appointment to the Board Directors, Mr.
Alberttis was granted $100,000 worth of common stock, valued at the
closing market price of our common stock on the date of the
appointment (238,096 shares). These shares vest at a rate of
month, contingent upon continued service to the
Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on behalf of the
undersigned hereunto duly authorized.
President and Chief Executive