8-K

SELECTIS HEALTH, INC. (GBCS)

8-K 2024-10-01 For: 2024-10-01
View Original
Added on April 06, 2026

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): October 1, 2024

SELECTIS

HEALTH, INC. ****(Exact Name of Registrant as Specified in its Charter)

Utah 0-15415 87-0340206
(State<br> or other jurisdiction<br><br> <br>of<br> incorporation) Commission<br> File<br><br> <br>Number (I.R.S.<br> Employer Identification<br><br> <br>number)

8480 E. Orchard Road, Ste. 4900, Greenwood Village, CO 80111

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (720) 680-0808

(Former name or former address, if changed since last report)

Written<br> communications pursuant to Rule 425 under the Securities Act
Soliciting<br> material pursuant to Rule 14a-12 under the Exchange Act
Pre-commencement<br> communications pursuant to Rule 14d-2(b) under the Exchange Act
Pre-commencement<br> communications pursuant to Rule 13e-4(c) under the Exchange Act

Securities

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

Title of each Class Trading Symbol Name of each exchange on which registered
N/A 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 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-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 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS

Effective October 1, 2024, the Board of Directors of Selectis Health, Inc. (the “Company”), approved of a salary increase for the Chief Executive Officer, Adam Desmond from $150,000 to $250,000 per annum, payable weekly. Upon effectiveness of the salary increase Mr. Desmond has agreed to forgo the Company’s Board Compensation stipend of $7,500 quarterly.

SIGNATURE

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 thereunto duly authorized.

Selectis Health, Inc.  (Registrant)
Dated:<br> October 1, 2024 /s/ James Creamer, III
James<br> Creamer, III, CFO