Departed
Scott Conant
Director
KITL ·
Kisses From Italy Inc.
Scott Conant resigned from the board of directors of the Company, effective immediately.
Ready 8-Ks
21
Latest filing
July 22, 2024, 7:59 PM ET
Top materiality
0.80
Event mix
other_material ×11 · debt ×7 · regulatory ×1
Sentiment
4 pos · 7 neg · 10 neu
Executive change
recent →
Recent 8-K filings for KITL
Highest-materiality recent filing
Kisses From Italy removed from OTCQB for failing to meet $0.01 minimum bid price
- Received OTC notice on July 16, 2024; cure period ended July 12, 2024 without compliance.
- Failed to maintain minimum closing bid of $0.01 for 10 consecutive trading days during extended cure period.
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Kisses From Italy removed from OTCQB for failing to meet $0.01 minimum bid price
Received OTC notice on July 16, 2024; cure period ended July 12, 2024 without compliance.
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Kisses from Italy appoints Victor Mokuolu CPA as new auditor after dismissing BF Borgers
On May 16, 2024, Board approved engagement of Victor Mokuolu, CPA PLLC as independent auditor for FY 2023 and Q1-Q3 2024 reviews.
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Kisses from Italy dismisses BF Borgers as auditor; OTCQB compliance deadline extended to July 12
Dismissed BF Borgers CPA P.C. as independent auditor effective May 3, 2024, due to SEC barring BF Borgers from appearing before it.
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Kisses from Italy receives OTCQB deficiency notice for bid price below $0.01
OTC Markets notified company that bid price closed below $0.01 for over 30 consecutive days; no longer meets OTCQB standards.
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Kisses from Italy terminates strategic alliance with SC Culinary; director Scott Conant resigns
Mutually terminated Strategic Alliance Agreement with SC Culinary LLC effective Feb 8, 2024; no further obligations under the agreement.
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Kisses From Italy amends equity deal with MacRab; price per share cut from $0.10 to $0.001
First Amendment to Standby Equity Commitment Agreement reduces reference price in Section 7.2(o) from $0.10 to $0.001 per share.
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Extended Commitment Period from 24 to 36 months from Nov 22, 2021, now expiring ~Nov 2024.
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Celebrity chef Scott Conant appointed to board of Kisses From Italy
Scott Conant, two-time James Beard Award-winning chef and Food Network personality, joins board effective Oct 10, 2023.
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Kisses from Italy issues $115K 10% promissory note to Coventry Enterprises with equity kickers
Issued $115,000 10% promissory note to Coventry Enterprises; net proceeds $105,000 after $10,000 original issue discount.
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Issued $115,000 principal 10% promissory note to GS Capital Partners; net proceeds $105,000 after $10,000 OID.
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Kisses from Italy amends warrant with Jefferson Street Capital; issues 3M shares
Entered Amendment to Common Stock Purchase Warrant (dated May 24, 2023) with Jefferson Street Capital LLC on June 21, 2023.
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Kisses from Italy issues $110K promissory note to Firstfire Global; receives $100K net
Issued $110,000 promissory note with 10% interest, due June 5, 2024; net proceeds $100,000 after $10,000 OID.
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Kisses from Italy raises $100K via convertible note, warrant & commitment shares
Issued $110,000 convertible promissory note to Jefferson Street Capital LLC with 10% interest, maturing Feb 9, 2024.
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Kisses From Italy and Scott Conant launch new fast-casual brand The Ponte San’gwich Shoppe
New brand name: The Ponte San’gwich Shoppe & Italian Deli SM, inspired by Waterbury, CT Italian community.
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Kisses From Italy amends equity line to lower minimum purchase price to $0.001 per share
Minimum purchase price reduced from $0.10 to $0.001 per share under equity line with MacRab LLC.
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Kisses From Italy (KITL) signs strategic alliance with SC Culinary LLC (Scott Conant) to develop a new fast-casual brand; Fransmart to lead global franchise development.
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Kisses from Italy issues $70K convertible note; conversion at 35% discount to market
Principal $70,000 at 9% interest, due July 26, 2023; default rate rises to 22%.
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Kisses from Italy issues $150K convertible note to Fourth Man; receives $135K net
12% annual interest, due in 12 months; default rate 16%.
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Issued two $165,000 promissory notes to Talos Victory Fund and Blue Lake Partners; net proceeds $148,500 each after OID.
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Kisses from Italy increases authorized common shares from 200M to 300M
Authorized common stock increased from 200M to 300M shares; preferred remains 25M shares.
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Kisses From Italy secures $7.5M standby equity commitment from MacRab LLC
Up to $7,500,000 in common stock sales over 24 months at 90% of 6-day VWAP.
Executive changes
Appointed
Scott Conant
member of the Board
KITL ·
Kisses From Italy Inc.
The Board of Directors (the “Board”) of Kisses From Italy, Inc. (the “Company”) has appointed Scott Conant to serve as a member of the Board, effective October 10, 2023
Materiality & sentiment trend
Max materiality 0.80 · Median 0.60 · Most common event other_material