Item 1.03 Bankruptcy or Receivership.
The bankruptcy trustee debt schedule forms part of this Current Report on Form
8-K filing with all debts and summary. The trustee debt schedule is filed
herewith as Exhibit 99.1. The Company disputes some of these claims made by the
creditors as malicious and or frivolous. The Company has secured a $60,000 loan
to maintain operations and continue as a going concern.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Miro Zecevic resigned as Chairman and interim CEO and any affiliation with Tiger
Reef, Inc. (the "Company") effective July 22 2021 and Phillip Kovac has been
appointed as the new Chief Executive officer of the company effective July 22,
2021.
Item 8.01 Other Events.
Miro Zecevic will focus on litigation as shareholder advocate on behalf of the
common shareholders effected by the toxic financiers. Outgoing management is of
the opinion that these toxic loans are VOID specifically under certain laws
https://www.law.cornell.edu/uscode/text/15/78cc . Outgoing Management is of the
opinion that not registering is violation of the ACT, and any violation of the
registration requirement VOIDS those transactions pursuant to statute.
Notwithstanding the ex-trustee refused commence an adversary proceeding 1) to
declare all of those transactions void pursuant to the Act, and 2) a claim to
claw back all money and stock, or he stocks value, under §547, §548 and §544 as
fraudulent conveyances under the Bankruptcy Code. The ex-management intends to
do this through a new barrister and an invitation for a class action suit will
be made available to all common shareholders.
In a private off the market transaction, Kovac et.al. acquired Mina Mar Group
preferred shares. All other classes of preferred and common shares of the issuer
remain undisturbed. Interstate Capital continues to be a pivotal point in the
company's future growth plans.
Philip Kovac has extensive knowledge in mergers and public companies operations.
He is successful in formulating rules for strategic alliances and business
partnerships and building these rules into comprehensive partnership,
shareholder or joint venture agreements mediating disputes, searching for common
ground and offering resolutions when relationships stumble developing viable,
mutually-acceptable exit strategies at any stage of the relationship.
The Company's new business address is: 7070 E Farrell Rd, SE, Suite: 1019,
Calgary, AB T2H 0T2, Canada. In order to preserve costs the Company plans to
redomicile to the State of Wyoming. Its web site is tigerreef-tgrr.com Twitter
Acc @TGRRTiger
The Company also intends to file its periodic reports on its web site and via
EDGAR as a voluntary filer in its Current Report on Form 8-K under the small
issuer exemption provided by the SEC.
© Edgar Online, source Glimpses