mojo_8k.htm

 

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): September 7, 2023

 

EQUATOR Beverage Company

(Exact name of registrant as specified in its charter)

 

Delaware

 

000-55269

 

26-0884348

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

185 Hudson Street, Floor 25

Jersey City, New Jersey

 

07302

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: 929-264-7944

 

 ___________________________________________

(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 obligation 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-4(c))

 

Securities registered pursuant to Section 12(b) of the Act: None

 

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. ☐

 

 

 

 

SECTION 8 – OTHER EVENTS

 

Item 8.01. Other Events.

 

On September 7, 2023, we issued a press release concerning the Company’s unaudited results of operations for July 1 to August 31, 2023. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

 

The information in Item 8.01 of this Current Report on Form 8-K (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such a filing.

 

SECTION 9 – Financial Statements and Exhibits

 

Item 9.01 Financial Statements and Exhibits

 

99.1

 

Press release, dated September 7, 2023

104

 

Cover Page Interactive Data File (embedded within the Inline XBRL Document)

 

 

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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.

 

 

EQUATOR Beverage Company

 

 

 

 

Date: September 7, 2023

/s/ Glenn Simpson

 

 

Glenn Simpson

 

 

 

Chairman & CEO

 

 

 

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EXHIBIT 99.1

 

EQUATOR Beverage Company Reports July 1 to August 31 2023 Results

 

JERSEY CITY, NJ/ACCESSWIRE/ September 7, 2023 -- EQUATOR Beverage Company (OTC: MOJO) reports its results of operations for July 1 to August 31, 2023.

 

Highlights include:

 

 

·

July 1 to August 31 2023 Net Revenue was $450,392, up from $293,707 for the same period last year. This was a $156,685 increase or 53%.

 

 

 

 

·

July 1 to August 31 2023 Gross Margin was $211,988 or 47% of Net Revenue. This was an increase of $98,886 over the same period last year. The gross margin percentage was 47% which was an improvement from 39% for the same period last year.

 

 

 

 

·

July 1 to August 31 2023 Taxable Income was $52,706 compared to Loss of $2,976 from the same period last year. This is a $55,682 improvement or 1871%.

 

 

 

 

·

July 1 to August 31 2023 Net Loss was $15,006 compared to a Net Loss of $23,492 for the same period last year. This was a $8,486 improvement.

 

During the past two months the company has begun to finalize a new product line "EQ Wtr". The water is alkaline with a pH of 8.5. EQ Wtr will also be available in sparkling. The packaging selected is a 12 oz slim aluminum can which is infinitely recyclable. They have a very low impact on the environment and a very low carbon footprint as the package is recycled multiple times without limits. The economics of recycling this container further makes it very sustainable.

 

EQUATOR will release the full quarter results of operations on October 2, 2023 and will file its 10 Q with the United States Securities and Exchange Commission mid-October.

 

We continue to seek opportunities to repurchase shares of Equator’s common stock.

 

 
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For additional information contact:

Glenn Simpson CEO

EQUATOR Beverage Company

917 574 1690

Symbol Ticker: MOJO

Website: www.equatorbeverage.com

 

Important Cautions Regarding Forward Looking Statements

This press release contains forward-looking statements within the definition of Section 27A of the Securities Act of 1933, as amended and such section 21E of the Securities Act of 1934, amended. These forward-looking statements should not be used to make an investment decision. The words 'estimate,' 'possible' and 'seeking' and similar expressions identify forward-looking statements, which speak only as to the date the statement was made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risk.

 

 
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