0001004878-19-000158.txt : 20191010
0001004878-19-000158.hdr.sgml : 20191010
20191010172340
ACCESSION NUMBER: 0001004878-19-000158
CONFORMED SUBMISSION TYPE: 8-K
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20191008
ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
FILED AS OF DATE: 20191010
DATE AS OF CHANGE: 20191010
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Good Hemp, Inc.
CENTRAL INDEX KEY: 0001464865
STANDARD INDUSTRIAL CLASSIFICATION: METAL MINING [1000]
IRS NUMBER: 452578051
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 8-K
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-54509
FILM NUMBER: 191146696
BUSINESS ADDRESS:
STREET 1: 20311 CHARTWELL CENTER DRIVE
STREET 2: STE 1469
CITY: CORNELIUS
STATE: NC
ZIP: 28031
BUSINESS PHONE: 704-790-9799
MAIL ADDRESS:
STREET 1: 20311 CHARTWELL CENTER DRIVE
STREET 2: STE 1469
CITY: CORNELIUS
STATE: NC
ZIP: 28031
FORMER COMPANY:
FORMER CONFORMED NAME: Lone Star Gold, Inc.
DATE OF NAME CHANGE: 20110620
FORMER COMPANY:
FORMER CONFORMED NAME: Keyser Resources, Inc.
DATE OF NAME CHANGE: 20090526
8-K
1
form8k203reloan2oct-19.txt
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): October 8, 2019
LONE STAR GOLD, INC.
--------------------
(Exact name of registrant as specified in its charter)
Nevada
----------------------------
(State or Other Jurisdiction of Incorporation)
000-54509 45-2578051
------------------------ ------------------------------
(Commission File Number) (IRS Employer Identification No.)
202311 Chartwell Ctr. Dr. Ste. 1469,Cornelius, NC 28031
------------------------------------------------ ----------
(Address of Principal Executive Offices) (Zip Code)
1-800-947-9197
-------------------------------------------
(Registrant's telephone number, including area code)
N/A
-----------------
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-14(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of Trading Name of each exchange
each class Symbol(s) on which registered
----------- -------- --------------------
None N/A N/A
Indicate by check mark whether the registrant is an emerging growth company as
defined in Rule 405 of the Securities Act of 1933 (ss.203.405 of this chapter)
or Rule 12b-2 of the Securities Exchange Act of 1934 (ss.204.12b-2 of this
chapter.
Emerging growth company [X]
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. [X]
ITEM 2.03 CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN
OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT
On October 8, 2019, the Company borrowed $103,000 from an unrelated third
party. The loan bears interest at a rate of 10% per year and is due and payable
on October 7, 2020. At any time on or before April 5, 2020 the Company may
prepay the loan by paying the Lender the outstanding loan principal and accrued
interest plus premiums ranging from 15% to 35%. After April 5, 2020 the Company
may not repay the loan without the consent of the Lender. At any time after
April 5, 2020 any unpaid principal is convertible into the Company's common
stock at a conversion price equal to the market price of the Company's common
stock multiplied by 65%. "Market Price" means the lowest trading price for the
Company's common stock during the twenty trading days ending on the latest
complete trading day prior to the conversion.
SIGNATURES
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.
LONE STAR GOLD, INC.
Dated: October 10, 2019 By: /s/ William Alessi
------------------------------
William Alessi
Chief Executive Officer