Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.

On December 30, 2021, Mr. James Kennar resigned his position with the Company due to personal reasons. Mr. Kennar was previously appointed President, Chairman of the Board and Chief Executive Officer of the Company effective October 21, 2021. Mr. Kennar's departure was not the result of any dispute or disagreement with the Company or the Company's Board of Directors on any matter relating to the operations, policies or practices of the Company. The Company has commenced a search for a new President and CEO.

Item 8.01 Other Events

On January 27, 2022, Drone Guarder, Inc. reiterated its renunciation of certain Convertible Promissory Notes sold to certain Noteholders by the previous management of the Corporation.

The renunciation was necessary because the terms of those Convertible Promissory Notes would compel the Corporation to assist the Noteholders in violating the 1934 Securities Act or turn the Corporation into a participant in such violation. The Board of Directors of the Corporation believes that the Promissory Note(s) are void ab initio and are therefore voided effective from the date of the renunciation because it would have made the Corporation a participant in a Securities Act violation.




  Item 9.01. Financial Statements and Exhibits.




(d) Exhibits.

Exhibit No. Description/Exhibit

10.1 Resolution by the Board of Directors of Drone Guarder, Inc.

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