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): August 2, 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 August 2, 2023, we issued a press release concerning the Company’s unaudited results of operations for the second quarter of 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 August 2, 2023
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.

	EQUATOR Beverage Company

Date: August 3, 2023		/s/ Glenn Simpson
		Glenn Simpson
		Chairman & CEO

EXHIBIT 99.1

EQUATOR Beverage Company Reports 2023 Q2 Results

JERSEY CITY, NJ/ACCESSWIRE/ August 2, 2023 -- EQUATOR Beverage Company (OTC: MOJO) reports its results of operations for the quarter ended June 30, 2023. The Form 10-Q was filed on August 2, 2023 with the United States Securities and Exchange Commission.

Highlights include:

	·	Q2 2023 Net Revenue was $588,478, up from $541,102 for the same period last year. This was a $47,376 increase or 9%.

	·	Q2 2023 Gross Margin was $280,757 or 48% of Net Revenue. This was an increase of $92,414 over the same period last year. The gross margin percentage was 48% which was significant improvement from 35% for the same period last year.

	·	Q2 2023 Taxable Income was $45,065 compared to Taxable Income of $21,241 Q2 2022; a $23,824 improvement or 112%.

	·	Q2 2023 Net Income was $18,830 compared to a Net Loss of $2,827 for Q2 2022. This was a $21,657 improvement.

EQUATOR Beverage Company results of operations for the first 31 days of Q3 2023:

	·	July 2023 Revenue was $232,749, up from $120,328 for the same period last year. This was a $112,421 increase or 94%.

	·	July 2023 Gross Margin was $104,336 or 45% of Net Revenue. This was an increase of $47,953 over the same period last year.

	·	July 2023 Taxable Income was $26,320 compared $317 Taxable Income for July 2022.

	·	July 2023 Net Income was $3,412 compared to a Net Loss of $6,859 for July 2022. This was a $10,271 improvement.

EQUATOR will continue to repurchase its shares this year.

For additional information contact Glenn Simpson CEO EQUATOR Beverage Company at 917 574 1690 Stock Symbol: MOJO

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.