8-K
Investview, Inc. (INVU)
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): November 5, 2021
INVESTVIEW,
INC.
(Exact name of registrant as specified in its charter)
| Nevada | 000-27019 | 87-0369205 |
|---|---|---|
| (State<br> or other jurisdiction of | (Commission | (IRS<br> Employer |
| incorporation<br> or organization) | File<br> Number) | Identification<br> No.) |
| 234 Industrial Way West, Suite A202 | ||
| --- | --- | |
| Eatontown, New Jersey | 07724 | |
| (Address<br> of principal executive offices) | (Zip<br> code) | |
| Registrant’s<br> telephone number, including area code: | 732-889-4300 | |
| --- | --- | |
| n/a | ||
| --- | ||
| (Former<br> 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 obligation of the registrant under any of the following provisions:
| ☐ | Written<br> communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| ☐ | Soliciting<br> material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement<br> communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement<br> communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Exchange Act: None
| Title<br> of each class | Trading<br> symbol(s) | Name<br> of each change on which registered |
|---|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (Section 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (Section 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
8.01—OTHER EVENTS
On November 5, 2021, Investview, Inc., issued a press release, a copy of which is attached as Exhibit 99.01.
ITEM
9.01—FINANCIAL STATEMENTS AND EXHIBITS
The following is filed as an exhibit to this report:
| Exhibit<br><br> <br>Number* | ****<br><br> <br>Title of Document | ****<br><br> <br>Location |
|---|---|---|
| Item 99 | Miscellaneous | |
| 99.01 | Press<br> Release dated November 5, 2021 | This<br> filing |
| 104 | Cover<br> Page Interactive Data File (embedded within the Inline XBRL document) | |
| * | All<br> exhibits are numbered with the number preceding the decimal indicating the applicable SEC reference number in Item 601 and the number<br> following the decimal indicating the sequence of the particular document. Omitted numbers in the sequence refer to documents previously<br> filed as an exhibit. | |
| --- | --- |
| 2 |
| --- |
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.
| INVESTVIEW, INC. | ||
|---|---|---|
| Dated:<br> November 5, 2021 | By: | /s/ Annette Raynor |
| Annette<br> Raynor | ||
| Chief<br> Operations Officer |
| 3 |
| --- |
Exhibit99.1
Investview(‘‘INVU’’) Announces Interim Management Changes in Response to Recent Allegations Against CEO
Eatontown, NJ, November 5^th^, 2021 — Investview, Inc. (OTCQB: INVU), a diversified financial technology company released the following statement today:
Investview recently learned through media sources that its Chief Executive Officer, Joseph Cammarata, and certain other of his business associates, have become the subject of recently announced civil and criminal charges purportedly related to activities involving a class action claims aggregator through a separate and unrelated entity called Alpha Plus Recovery, LLC.
Immediately upon Investview becoming aware of these legal matters, the Company’s Board of Directors placed Mr. Cammarata on administrative leave and removed him from all duties and responsibilities, pending the Company’s own internal investigation of these matters in concert with the Company’s outside legal professionals.
The activities attributable to Mr. Cammarata in these reported legal actions were unbeknownst to, and completely independent of Mr. Cammarata’s activities on behalf of Investview. To the best of the knowledge of the Company, all activities in question ended prior to Mr. Cammarata becoming involved with Investview in December of 2019. Alpha Plus Recovery is an unrelated entity and is not and never has been associated with Investview. Investview has never had any business affiliation, association or dealings with or business involvement with Alpha Plus Recovery, LLC. Neither has the Company conducted any business or had any relationship with the business associates of Mr. Cammarata who were charged in the reported legal actions.
Inlight of the current situation and circumstances, Investview has appointed James R. Bell as the acting CEO to ensure business continuityand coordination of daily business operations. Since April of 2020, Mr. Bell, as a director of Investview, has been instrumental in theoversight of the Company’s operational turnaround to profitability. Mr. Bell will be directly involved in the day to day managementof the operations of the Company and therefore Investview is confident that there shall be no disruption to its daily business operationsor divergence from its operating goals and objectives.
Annette Raynor, Investview’s Chief Operating Officer stated, “We, as a Company were completely unaware of this matter and learned of it upon its public release. We have taken the necessary steps to ensure Investview’s continued operations in the normal course of business.”
AboutInvestview, Inc.
Investview, Inc. is a diversified financial technology and global distributor organization that operates through its subsidiaries to provide financial education tools, content, research, and management of digital asset technology that mines cryptocurrencies, with a focus on Bitcoin mining and the generation of digital assets. For more information on Investview and its family of wholly owned subsidiaries, please visit: www.investview.com.
Forward-LookingStatements
All statements in this release that are not based on historical fact are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies, and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. These forward-looking statements are based on Investview’s current beliefs and assumptions and information currently available to Investview and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. More information on potential factors that could affect Investview’s financial results is included from time to time in Investview’s public reports filed with the U.S. Securities and Exchange Commission (the “SEC”), including the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. The forward-looking statements made in this release speak only as of the date of this release, and Investview, Inc. (“INVU”) assumes no obligation to update any such forward-looking statements to reflect actual results or changes in expectations, except as otherwise required by law.
Contacts
InvestorRelations
Contact: Mario Romano
Phone Number: 732.889.4308
Email: pr@investview.com