UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
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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, par value $0.001 | TONR | OTCMKTS |
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.
SECTION 5 – CORPORATE GOVERNANCE AND MANAGEMENT
Item 5.02 Departure of Directors of Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
On March 1, 2022, Corinda Joanne Melton became the President, CEO, Secretary, Treasurer and sole Director of Tonner-One World Holdings, Inc, pursuant to an agreement dated March 1, 2022. The former CEO and director, Mr. Ejike Arinze resigned from all positions with the Company as of March 1, 2022 and is no longer affiliated with Tonner-One World Holdings, Inc.
Item 8.01 Other Events
On March 11, 2022, the Company terminated any and all agreements made by the previous management team with Cryptopro, a Lithuania based Artificial-Intelligence-powered Cryptocurrency Company.
Item 9.01 Financial Statements and Exhibits
On March 14, 2022 the Company issued a press release announcing the settlement of $411,163 in convertible debt and $251,000 in promissory notes, which press release is included as Exhibit 99.1 to this Current Report on Form 8-K.
(d) Exhibits
Exhibit No. | Exhibit |
99.1 |
SIGNATURE
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.
| Tonner-One World Holdings, Inc. |
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Dated: March 14, 2022 | By: /s/ Corinda J. Melton |
| Corinda J Melton |
| CEO |