FUNI 8-K
Hypha Labs, Inc. (FUNI)
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT
REPORT
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 16, 2021, A. Stone Douglass, 74, who has served as a member of the Board of Directors (the “Board”) of Digipath, Inc. (the “Company”) since July 1, 2021, was appointed to serve as the Company’s Chief Financial Officer. Prior to his appointment as a director, Mr. Douglass had been serving as a consultant to the Company.
In addition, Mr. Douglass has been: the Chief Executive Officer of GeoSolar Technologies, Inc., a company planning to install natural energy systems, since December 2020; the Chief Financial Officer of David Kind, Inc., a Venice, California based online eyewear brand, since June 2013; the Chairman and Chief Executive Officer of Sealand Natural Resources, Inc., a manufacturer and purveyor of Sealand Birk birch water and other alternative beverages, since March 2016; the Chief Financial Officer of P5 Systems, Inc., a San Diego based technology platform known as the Craig’s List of cannabis, servicing the legal cannabis value chain, since March 2018; the Chief Executive Officer and director of Empire Global Gaming, Inc., a publicly traded Long Island, NY based owner of gambling games and gaming applications, since December 2018; and the principal owner of Ducks Nest Investments Inc, a private investment company, since September 1990. Between September 2014 and May 2017 Mr. Douglass was the manager of HL Brands, LLC, a private firm manufacturing and selling apparel under the POPaganda brand, and watches and bags under the Flud brand, and between September 2014 and May 2017, Mr. Douglass was the Chairman of Artec Global Media, Inc., a publicly traded media company.
In connection with his engagement as a consultant, on June 2, 2021 Mr. Douglass was awarded an option to purchase 1,000,000 shares of the Company’s common stock with an exercise price of $0.06. There are currently no other agreements between Mr. Douglass and the Company.
| Exhibit No. | Description | |
| 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.
| Digipath, Inc. | ||
| Date: August 18, 2021 | ||
| By: | /s/ A. Stone Douglass | |
| A. Stone Douglass | ||
| Chief Financial Officer | ||