Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) and (c)
On December 6, 2021, Cannagistics, Inc. (the "Company"), finalized the
appointment of Jim Morrison, 62, as the Company's Chief Executive Officer and
President, effective immediately upon the resignatikon of employment of Rob
Gietl, the then Chief Executive Officer. Mr. Morrison was appointed to the
Company's Board of Directors in November 2021.
Mr. Morrison's biographical information as required by Item 401(b) of Regulation
S-K, and business experience as required by Item 401(e) of Regulation S-K was
previously disclosed in the Company's Current Report on Form 8-K filed on
November 10, 2021.
In connection with the appointment of Mr. Morrison, effective December 6, 2021,
Rob Gietl resigned as President, Chief Executive Officer and director of the
Company.
Item 8.01 Other Events.
On February 2, 2021, the Supreme Court of the State of New York, County of
Suffolk entered an order granting summary judgment to Jeffrey Gates, the
plaintiff, against Cannagistics, Inc., a Nevada corporation, which is a
subsidiary of the Company, and James Zimbler, our Vice President of Operations
and former director, the defendants (Index No. 602019/2020), for $151,712.
2
© Edgar Online, source Glimpses