Accredited Solutions, Inc 8-K, filed May 21, 2020

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): May 19, 2020

| (Exact name of registrant as specified in its charter) |

Nevada

(State or Other Jurisdiction of Incorporation)

| (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 obligations of the registrant under any of the following provisions:

☐     Written communications pursuant to Rule 425 under the Securities Act (17CFR 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-4(c) under the Exchange Act (17 CFR 240.13e-14c))

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

| 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 (§203.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§204.12b-2 of this chapter.

Emerging growth company ☒

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. ☐

Item 8.01 Other Events.

On May 19, 2020, Good Hemp, Inc. (the “Company”) paid $75,471.99 to Power Up Lending Group Ltd. (the “Lender”) as payment in full under the convertible promissory note in the original principal amount of $52,500 and dated November 18, 2019, issued to the Lender (the “Note”), in complete satisfaction of all amounts due and owing to the Lender pursuant to the Note. As a result, the Note has been extinguished.

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.

| | | William Alessi |

| | | Chief Executive Officer |