20-F/A 1 f20fa_081821.htm FORM 20-F/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

 

FORM 20-F/A

(Amendment No. 2)

 

 

 

REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12 (g) OF THE SECURITIES EXCHANGE ACT OF 1934

 

OR

 

ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the fiscal year ended                            November 30, 2020                           

 

OR

 

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the transition period from                                    to                                          

 

OR

 

SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 Date of event requiring this shell company report                                               

 

 

Commission File Number 0-19884

 

LIQUID MEDIA GROUP LTD.

(Exact Name of Registrant as Specified in Its Charter)

 

British Columbia, Canada

(Jurisdiction of Incorporation or Organization)

 

67 East 5th Avenue

Vancouver, BC V5T 1G7

(Address of Principal Executive Offices)

 

Andy Wilson, Chief Financial Officer

67 East 5th Avenue

Vancouver, BC V5T 1G7

Telephone: 1.416.350.5002

Email: awilson@liquidmediagroup.co

(Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person)

 

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

 

Common Shares, without Par Value YVR NASDAQ Capital Market
(Title of Class) Trading Symbol Name of Each Exchange on Which Registered

 

 

 

Securities registered or to be registered pursuant to Section 12(g) of the Act: NONE

 

Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: NONE

 

Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report: 10,875,568 common shares (as of March 1, 2021).

 

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

☐ Yes      ☒ No

 

If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.     ☐ Yes      ☒ 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.

☒ Yes     ☐ No

 

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 2.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

☒ Yes     ☐ No

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or emerging growth company. See definition of “accelerated filer” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one):

 

Large accelerated filer ☐  Accelerated filer ☐  Non-accelerated filer ☒
       
      Emerging Growth Company ☐

 

If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, 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 which basis of accounting the Registrant has used to prepare the financial statements included in this filing:

 

U.S. GAAP ☐  International Financial Reporting Standards as issued by the International Accounting Standards Board ☒  Other ☐

 

 

If “Other” has been checked in response to the previous question, indicate by check mark which financial statement item the Company has elected to follow.

Item 17 ☐ Item 18 ☐

 

If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). ☐ Yes      ☒ No

 

 

 

EXPLANATORY NOTE

 

This Amendment No. 2 (this “Amendment No. 2”) to the Annual Report on Form 20-F for the fiscal year ended November 30, 2020, initially filed on March 3, 2021 (the “Original Filing”), and restated by Amendment No. 1 on April 15, 2021 (the “Restated Filing”) is being filed solely to (i) file Exhibit 2(d), a description of the rights of the holders of the Company’s securities that are registered under Section 12 of the Securities Exchange act of 1934, and to amend the exhibit index accordingly, (ii) file Exhibit 23.1, Consent of Davidson & Company LLP, and to amend the exhibit index accordingly, (iii) furnish the Interactive Data File disclosure with respect to the Company's restated audited consolidated financial statements for the years ended November 30, 2020, 2019 and 2018 as Exhibit 101 in accordance with Rule 405 of Regulation S-T, which was not included with the Restated Filing, (iv) include hyperlinks to each listed exhibit as required by Form 20-F, in accordance with Rule 105 of Regulation S-T; and (v) update the certifications of the Company's executive officers as of the date of this Amendment No. 2 in accordance with Rule 12b-15 under the Securities Exchange Act of 1934, as amended.

 

Other than as expressly set forth above, this Amendment does not, and does not purport to, amend, update or restate any other items or disclosures contained in the Restated Filing and does not reflect events occurring after the date of the Restated Filing. This Amendment consists solely of the cover page, this explanatory note, the exhibit index and the exhibits filed herewith.

 

Pursuant to Rule 405 of Regulation S-T,the Interactive Data Files filed herewith are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities Act of 1934, as amended, and otherwise are not subject to liability under those sections.

 

Item 19. – Exhibits

 

Exhibit No.

 

Description
1.1 Certificate of Incorporation and Articles and amendments to the Articles and Memorandum of the Company, incorporated by reference from prior filing as Exhibit 3.1 to the Form F-3, filed with the SEC on September 24, 2007.
1.2 Notice of Articles, incorporated by reference from prior filing as Exhibits 99.1 and 99.2 to the Form 6-K filed with the SEC on February 3, 2010.
2(d)* Description of Securities
4.1 Further Amended and Restated Shareholder Rights Plan Agreement, incorporated by reference from prior filing on Form 6-K filed with the SEC on July 7, 2015.
4.2 Share Purchase Agreement dated September 15, 2017 between the Company and 1133438 B.C. Ltd. relating to the disposition of the Company’s subsidiaries, incorporated by reference from prior filing as Exhibit 4.2 to the Annual Report on Form 20-F filed with the SEC on June 1, 2018.
4.3 Amended and Restated Arrangement Agreement dated January 14, 2018 between the Company and Liquid Canada (fka Liquid Media Group Ltd.), incorporated by reference from prior filing as Exhibit 4.3 to the Annual Report on Form 20-F filed with the SEC on June 1, 2018.
4.4 Employment Agreement dated November 1, 2020 between the Company and Daniel Cruz, incorporated by reference from prior filing as Exhibit 4.4 to the Annual Report on Form 20-F filed with the SEC on March 3, 2021
4.5 Employment Agreement dated November 1, 2020 between the Company and Charlie Brezer, incorporated by reference from prior filing as Exhibit 4.5 to the Annual Report on Form 20-F filed with the SEC on March 3, 2021
8.1 Subsidiaries of the Registrant, incorporated by reference from prior filing as Exhibit 8.1 to the Annual Report on Form 20-F filed with the SEC on March 3, 2021
11.1 Code of Ethics, incorporated by reference from the prior filing as Exhibit 11.1 to the Annual Report on Form 20-F, filed with the SEC on June 1, 2005

12.1 Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, incorporated by reference from prior filing as Exhibit 12.1 to the Annual Report on Form 20-F/A filed with the SEC on April 15, 2021

12.2

Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, incorporated by reference from prior filing as Exhibit 12.2 to the Annual Report on Form 20-F/A filed with the SEC on April 15, 2021

12.3*

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

12.4*

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

13.1 Certifications of Principal Executive Officer and Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, incorporated by reference from prior filings as Exhibit 13.1 to the Annual Report on Form 20-F/A filed with the SEC on April 15, 2021
23.1* Consent of Davidson & Company LLP

 

101.INS XBRL Instance Document
101.SCH XBRL Taxonomy Extension Schema Document
101.DEF XBRL Taxonomy Extension Definition Linkbase Document
101.CAL XBRL Taxonomy Extension Calculation Linkbase Document
101.LAB XBRL Taxonomy Extension Label Linkbase Document
101.PRE XBRL Taxonomy Extension Presentation Linkbase Document

 

*Filed herewith.

 

 

 

SIGNATURE

 

 

The registrant hereby certifies that it meets all of the requirements for filing on this Amendment to Form 20-F/A and that it has duly caused and authorized the undersigned to sign this Annual Report on its behalf.

 

Date   August 23, 2021

 

 

  LIQUID MEDIA GROUP LTD.
       
  By: “B. Andrus Wilson”  
    B. Andrus Wilson,  
    Chief Financial Officer  

 

 

 

 

 

 

 

 

 

INDEX TO EXHIBITS

 

Exhibit No.

Description

 

1.1 Certificate of Incorporation and Articles and amendments to the Articles and Memorandum of the Company, incorporated by reference from prior filing as Exhibit 3.1 to the Form F-3, filed with the SEC on September 24, 2007.
   
1.2 Notice of Articles, incorporated by reference from prior filing as Exhibits 99.1 and 99.2 to the Form 6-K filed with the SEC on February 3, 2010.
   
2(d)* Description of Securities
   
4.1 Further Amended and Restated Shareholder Rights Plan Agreement, incorporated by reference from prior filing on Form 6-K filed with the SEC on July 7, 2015.
   
4.2 Share Purchase Agreement dated September 15, 2017 between the Company and 1133438 B.C. Ltd. Relating to the disposition of the Company’s subsidiaries, incorporated by reference from prior filing as Exhibit 4.2 to the Annual Report on Form 20-F filed with the SEC on June 1, 2018.
   
4.3 Amended and Restated Arrangement Agreement dated January 14, 2018 between the Company and Liquid Canada (fka Liquid Media Group Ltd.), incorporated by reference from prior filing as Exhibit 4.3 to the Annual Report on Form 20-F filed with the SEC on June 1, 2018.
   
4.4

Employment Agreement dated November 1, 2020 between the Company and Daniel Cruz, incorporated by reference from the prior filing as Exhibit 4.4 to the Annual Report on Form 20-F, filed with the SEC on March 1, 2021

   
4.5 Employment Agreement dated November 1, 2020 between the Company and Charlie Brezer, incorporated by reference from the prior filing as Exhibit 4.5 to the Annual Report on Form 20-F, filed with the SEC on March 1, 2021
   
8.1 Subsidiaries of the Registrant, incorporated by reference from the prior filing as Exhibit 8.1 to the Annual Report on Form 20-F, filed with the SEC on March 3, 2021
   
11.1

Code of Ethics, incorporated by reference from the prior filing as Exhibit 11.1 to the Annual Report on Form 20-F, filed with the SEC on June 1, 2005, incorporated by reference from prior filing as Exhibit 13.1 to the Annual Report on Form 20-F/A filed with the SEC on April 15, 2021

   
12.1

Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, incorporated by reference from the prior filing as Exhibit 12.1 to the Annual Report on Form 20-F/A, filed with the SEC on April 15, 2021

   
12.2

Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, incorporated by reference from the prior filing as Exhibit 12.1 to the Annual Report on Form 20-F/A, filed with the SEC on April 15, 2021

   
12.3* Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
   
12.4* Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
   
13.1 Certifications of Principal Executive Officer and Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
   
23.1* Consent of Davidson & Company LLP

 

101.INS XBRL Instance Document
101.SCH XBRL Taxonomy Extension Schema Document
101.DEF XBRL Taxonomy Extension Definition Linkbase Document
101.CAL XBRL Taxonomy Extension Calculation Linkbase Document
101.LAB XBRL Taxonomy Extension Label Linkbase Document
101.PRE XBRL Taxonomy Extension Presentation Linkbase Document

 

*Filed herewith