0001062993-21-003633.txt : 20210415 0001062993-21-003633.hdr.sgml : 20210415 20210414192810 ACCESSION NUMBER: 0001062993-21-003633 CONFORMED SUBMISSION TYPE: 10-K/A PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20201231 FILED AS OF DATE: 20210415 DATE AS OF CHANGE: 20210414 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Live Current Media Inc. CENTRAL INDEX KEY: 0001108630 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 880346310 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-29929 FILM NUMBER: 21826952 BUSINESS ADDRESS: STREET 1: 50 WEST LIBERTY STREET STREET 2: SUITE 880 CITY: RENO STATE: NV ZIP: 89501 BUSINESS PHONE: 604-648-0500 MAIL ADDRESS: STREET 1: 50 WEST LIBERTY STREET STREET 2: SUITE 880 CITY: RENO STATE: NV ZIP: 89501 FORMER COMPANY: FORMER CONFORMED NAME: Live Current Media, Inc. DATE OF NAME CHANGE: 20080801 FORMER COMPANY: FORMER CONFORMED NAME: COMMUNICATE COM INC DATE OF NAME CHANGE: 20020822 FORMER COMPANY: FORMER CONFORMED NAME: TROYDEN CORP DATE OF NAME CHANGE: 20000307 10-K/A 1 form10ka.htm FORM 10-K/A Live Current Media Inc.: Form 10-K/A - Filed by newsfilecorp.com

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM 10-K/A

Amendment No. 1

(Mark One)

 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 2020

 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 For the transition period from ________ to ________

COMMISSION FILE NUMBER  000-29929

LIVE CURRENT MEDIA, INC.
(Exact name of registrant as specified in its charter)

NEVADA

 

88-0346310

(State or other jurisdiction of incorporation or organization)

 

(I.R.S. Employer Identification No.)

 

 

 

50 West Liberty Street, Suite 880
Reno, Nevada

 

89501

(Address of principal executive offices)

 

(Zip Code)

 

 

 

(604) 648-0515

 

 

(Registrant's telephone number, including area code)

 

 


Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each Exchange on which registered

NONE.

N/A

N/A

Securities registered pursuant to Section 12(g) of the Act:

Common Stock, $0.001 Par Value Per Share.
(Title of class)

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined by Rule 405 of the Securities Act. 
[__] Yes  [X] No

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. 

[__] Yes  [X] No

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. 
[ X ] Yes    [__] No 

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (s. 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). 

[ X ] Yes  [__] No 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer [__]

Accelerated filer [__]

Non-accelerated filer [__] (Do not check if a smaller reporting company)

Smaller reporting company [X]

 

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. [__]


 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).  [__] Yes  [ X ] No

State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter: $1,621,540 based on the closing price of $0.094 on June 30, 2020 as quoted by the OTCQB Marketplace on that date. 

Indicate the number of shares outstanding of each of the registrant's classes of common stock, as of the latest practicable date. 
As of March 29, 2021, the Registrant had 34,837,625 shares of common stock outstanding.


 

EXPLANATORY NOTE

Live Current Media Inc. (the "Company") is filing this Amendment No. 1 on form 10-K/A (the "Amendment") to its Annual Report on Form 10-K for the year ended December 31, 2020, filed with the Securities and Exchange Commission (the "SEC") on March 30, 2021 (the "Original Filing") to include the consent of the Company's principal independent accountants, Dale, Matheson, Carr-Hilton, Labonte LLP, to the incorporation by reference of their audit report for the Company's financial statements for the years ended December 31, 2020 and 2019 in the Company's registration statement on Form S-8 filed on January 9, 2019 (file no. 333-229168).

With the exception of the above, the Original Filing remains unchanged.  This Amendment No. 1 speaks as of the date of the Original Filing, and does not amend, update or change any other items or disclosures in the Original Filing and does not purport to reflect any information or events subsequent to the Original Filing.

Pursuant to Rule 12b-15 under Securities Exchange Act of 1934, as amended, this Amendment also contains new Rule 13a-14(a)/15d-14(a) Certifications.


ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES

Exhibit Number

Description of Exhibit

3.1

Articles of Incorporation(1)

3.2

Certificate of Amendment to Articles - Name Change to Communicate com Inc. (1)

3.3

Certificate of Amendment to Articles - Increase in Authorized Capital to 500,000,000 shares of common stock, par value of $0.001(1)

3.4

Certificate of Amendment to Articles - Name Change to Live Current Media, Inc. (1)

3.5

Amended and Restated Bylaws(1)

10.1

Description of Web Development Agreement Terms(1)

10.2

2018 Stock Option Plan(2)

10.3

Buyback Agreement between Live Current Media, Inc. and Cell MedX Corp. dated January 29, 2020.(3)

14.1

Code of Ethics(2)

21.1

List of Subsidiaries(1)

23.1

Consent of Dale Matheson Carr-Hilton Labonte LLP

31.1

Certification of Principal Executive Officer and Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

32.1

Certification of Principal Executive Officer and Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

101.INS

XBRL Instance Document

101.SCH

XBRL Taxonomy Extension Schema(4)

101.CAL

XBRL Taxonomy Extension Calculation Linkbase(4)

101.DEF

XBRL Taxonomy Extension Definition Linkbase(4)

101.LAB

XBRL Taxonomy Extension Label Linkbase(4)

101.PRE

XBRL Taxonomy Extension Presentation Linkbase(4)

Notes:

(1) Filed as an exhibit to the Company's Registration Statement on Form 10, originally filed on February 1, 2018.

(2) Filed as an exhibit to the Company's Current Report on Form 8-K. filed on December 12, 2018.

(3) Filed as an exhibit to the Company's Current Report on Form 8-K filed on January 31, 2020.

(4) Filed as an exhibit to the Company's Annual Report on Form 10-K for the period ended December 31, 2020, filed on March 30, 2021.


SIGNATURES


Pursuant to the requirements of Section 12 of the Securities Exchange Act of 1934, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

 

LIVE CURRENT MEDIA, INC.

 

 

 

 

 

 

 

 

 

 

 

 

Date:

April 14, 2021

By:

/s/ DAVID M JEFFS

 

 

 

DAVID M. JEFFS

 

 

 

Chief Executive Officer, President, Secretary and Treasurer

 

 

 

(Principal Executive Officer and Principal Financial Officer)

 

 

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

 

 

 

 

 

 

 

 

 

 

 

Date:

April 14, 2021

By:

/s/ DAVID M JEFFS

 

 

 

DAVID M. JEFFS

 

 

 

Chief Executive Officer, President, Secretary and Treasurer

 

 

 

(Principal Executive Officer and Principal Financial Officer) and Director

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

Date:

April 14, 2021

By:

/s/ JOAO (John) DA COSTA

 

 

 

JOAO (John) DA COSTA

 

 

 

Director

 

 

 

 

 

 

 

 


 


EX-23.1 2 exhibit23-1.htm EXHIBIT 23.1 Live Current Media Inc.: Exhibit 23.1 - Filed by newsfilecorp.com

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We hereby consent to the incorporation by reference in the Registration Statement on Form S-8 (file no. 333-229168) of our report dated March 30, 2021 with respect to the consolidated financial statements of Live Current Media Inc. (the "Company") for the years ended December 31, 2020 and 2019 which appears in the Company's Annual Report on Form 10-K for the year ended December 31, 2020, filed on March 30, 2021, as amended by Amendment No. 1 to its Annual Report on Form 10-K for the year ended December 31, 2020, filed with the United States Securities and Exchange commission on April 14, 2021.

/s/ DMCL
_____________________

DALE MATHESON CARR-HILTON LABONTE LLP
Chartered Accountants

Vancouver, Canada
April 14, 2021


EX-31.1 3 exhibit31-1.htm EXHIBIT 31.1 Live Current Media Inc.: Exhibit 31.1 - Filed by newsfilecorp.com

CERTIFICATIONS

I, David M. Jeffs, certify that;

(1) I have reviewed this Annual Report on Form 10-K/A of Live Current Media, Inc.;

(2) Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

(3) Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

(4) The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rule 13a-15(f) and 15d-15(f)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

(5) The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. 

Date: April 14, 2021

 /s/ David M. Jeffs

 ___________________________________

By:  David M. Jeffs

Title: Chief Executive Officer, President, Treasurer and Secretary


EX-32.1 4 exhibit32-1.htm EXHIBIT 32.1 Live Current Media Inc.: Exhibit 32.1 - Filed by newsfilecorp.com

CERTIFICATION OF CHIEF EXECUTIVE OFFICER

PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

I, David M. Jeffs, the Chief Executive Officer and Treasurer of Live Current Media Inc. (the "Company"), hereby certify pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge:

(i) the Annual Report on Form 10-K/A of the Company, for the fiscal year ended December 31, 2020, and to which this certification is attached as Exhibit 32.1 (the "Report") fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

(ii) the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

By:

/s/ David M. Jeffs

Name:

DAVID M. JEFFS

   

Title:

Chief Executive Officer and Treasurer (chief financial officer)

   

Date:

April 14, 2021

A signed original of this written statement required by Section 906 of the Sarbanes-Oxley Act of 2002 has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.

This certification accompanies the Form 10-K/A to which it relates, is not deemed filed with the Securities and Exchange Commission and is not to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Securities Exchange Act of 1934 (whether made before or after the date of the Form 10-Q), irrespective of any general incorporation language contained in such filing.