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    FLCX   US33974L2051

FLOOIDCX CORP.

(FLCX)
Delayed OTC Markets  -  10:24 2022-10-03 am EDT
1.100 USD   +103.70%
08/10Flooidcx Corp. : Change in Directors or Principal Officers (form 8-K)
AQ
08/10FlooidCX Corp. Elects Craig Kitchen and Mr. William Westbrook as Directors
CI
07/21Flooidcx Corp. : Changes in Control or Registrant, Change in Directors or Principal Officers (form 8-K)
AQ
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FLOOIDCX CORP. : Changes in Control or Registrant, Change in Directors or Principal Officers (form 8-K)

07/21/2022 | 01:06pm EDT

Item 5.01 Change In Control of Registrant

On July 15, 2022, as a result of a private transaction, the control block of voting stock of FlooidCX Corp. (the "Company") representing an ownership interest of approximately 90% has been transferred from Richard Hue ["Seller"] to MP Special Purpose Corp. ["The Purchaser"] controlled by Douglas Bean. The consideration for the shares was a cash payment of $600,000. The source of cash consideration for the shares was personal funds of the Purchaser. The Stock Purchase Agreement executed in connection with the Transaction provided that the prior officers and directors of the Company would resign, and new officers and directors would be appointed by the Purchaser.

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

On July 15, 2022 the Board of Directors accepted the resignation of Messrs. Richard Hue and Mark Vange as directors and Officers of the Company. At the same time, the Board elected Mr. Dennis Danzik as a director, president, treasurer, secretary, CEO and CFO of the Company. Mr. Danzik will hold this position until he is replaced, resigns, or is removed from office.



Biography



Dennis Danzik


Dennis M. Danzik is a research engineer by profession, and has been practicing in product development and related investment opportunities since 1981. Mr. Danzik holds a degree in industrial engineering, and completed post studies at Sloan/MIT in product development (2009) and is currently a student at the Harvard Medical School (HMX) in biochemistry.

Mr. Danzik's expertise is in olefins, including polyethylenes and polypropylenes including recycling methodologies in thermoplastics. Mr. Danzik holds US and foreign patents in thermosets, thermoplastics and composites.

Mr. Danzik's public company experience spans more than 30 years with directorships held on companies listed om the American, OTC, London, German, TSX.V, and the ASX in Australia. Mr. Danzik has also served as CEO, and engineering and sciences director on several public companies.

Since 2009, Mr. Danzik's work has been primarily in the oil and gas industry, wastewater treatment, materials recovery and magnetics.





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All news about FLOOIDCX CORP.
08/10Flooidcx Corp. : Change in Directors or Principal Officers (form 8-K)
AQ
08/10FlooidCX Corp. Elects Craig Kitchen and Mr. William Westbrook as Directors
CI
07/21Flooidcx Corp. : Changes in Control or Registrant, Change in Directors or Principal Office..
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07/21FlooidCX Corp. Announces Management Changes
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07/21Flooidcx Corp. Announces Chief Executive Officer Changes
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07/21FlooidCX Corp. Announces Chief Financial Officer Changes
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07/20FLOOIDCX CORP. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS..
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07/20FlooidCX Corp. Reports Earnings Results for the First Quarter Ended May 31, 2022
CI
07/20Douglas Bean acquired 90% stake in flooidCX Corp. from Richard Hue for CAD 0.6 million.
CI
06/15FLOOIDCX CORP. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS..
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More news
Financials (USD)
Sales 2022 0,05 M - -
Net income 2022 -0,84 M - -
Net Debt 2022 3,44 M - -
P/E ratio 2022 -0,21x
Yield 2022 -
Capitalization 2,22 M 2,22 M -
EV / Sales 2021 77,0x
EV / Sales 2022 67,3x
Nbr of Employees 4
Free-Float 58,1%
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Income Statement Evolution
Managers and Directors
Dennis M. Danzik President, CEO, CFO, Secretary & Treasurer
William Westbrook Independent Director
Craig N. Kitchen Director
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