ADMG 8-K
Adamant Dri Processing & Minerals Group (ADMG)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.01 Changes in Control of Registrant
On June 27, 2023, Nicholas A. Parks completed the acquisition of 11,866,563 shares of the common stock of Adamant DRI Processing and Minerals Group (the “Company”) from Global Strategies, Inc. The 11,866,563 shares represent approximately 73% of the outstanding shares of the Company as of the date hereof.
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment orf Principal Officers.
Resignation of Dr. Larry Eastland
On June 27, 2023, Dr. Larry Eastland submitted his resignation as President, Secretary and Treasurer of the Company.
Appointment of Nicholas A. Parks
Effective June 27, 2023, the Board of Directors of the Company appointed Mr. Nicholas A. Parks, controlling shareholder, as the Company’s President, Treasurer, and Secretary and to the Board of Directors.
Mr. Parks, age 44, has served as the Managing Member of Parks Amusements since September 2014 and the CEO and Chairman of The Pinball Company since August 2006. Parks Amusements operates Level Up Entertainment (www.levelupthefun.com), a family entertainment center, and Lakeside Ashland (www.lakesideashland.com), an amphitheater and event venue. Both businesses are currently operating in Columbia, Missouri. The Pinball Company, with offices in St. Louis and Columbia, Missouri, is a leading online retailer of pinball machines, arcades, and other game room products. Mr . Parks graduated from the University of Missouri - Columbia in 2002 (B.S. Business Administration), and obtained his MBA from the same university in 2005.
The Company has not yet entered into an employment agreement with Mr. Parks.
There are no family relationships between Mr. Parks and any director or executive officer of the Company, and Mr. Parks is not a party to any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. There are no arrangements or understandings between Mr. Parks and any other persons pursuant to which Mr. Parks was appointed as the Company’s sole officer. Mr. Parks was a control person of OTCMarkets listed Parks! America Inc. (PRKA) between December 2014 and July 2015 and between April 2017 and September 2019.
Item 9.01 Financial Statements and Exhibits.
| Exhibit No. | Description of Exhibit | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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.
Dated: June 27, 2023
| ADAMANT DRI PROCESSING and MINERALS GROUP | ||
| By: | /s/ Nicholas A. Parks | |
| Nicholas A. Parks, President and Director | ||