STME 8-K
Stimcell Energetics Inc. (STME)
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) June 8, 2020
CELL MEDX CORP.
(Exact name of registrant as specified in its charter)
| NEVADA | 000-54500 | 38-3939625 |
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
|
|
|
|
| 123 W. Nye Ln, Suite 446 Carson City, NV |
| 89706 |
| (Address of principal executive offices) |
| (Zip Code) |
|
|
|
|
| Registrant's telephone number, including area code | (844) 238-2692 | |
n/a
(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 (17 CFR 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))
ITEM 5.02DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
On June 8, 2020, the board of directors of Cell MedX Corp. (the “Company”) unanimously resolved to increase the number of directors of the Company to five directors and to appoint Mr. Joao (John) da Costa as a director to fill the vacancy created by the increase in the number of directors. In addition, Mr. da Costa was appointed Chief Operating Officer of the Company.
Mr. da Costa has more than twenty-five years of experience providing bookkeeping and accounting services to both private and public companies and is the founder and President of Da Costa Management Corp. (DCM), a company that has provided management and accounting services to public and private companies since August 2003. Since 2002, Mr. da Costa has been the CFO, and a member of the Board of Directors of Triton Emission Solutions Inc., a company reporting under the United States Securities Exchange Act of 1934 (the "Exchange Act"). In addition to Triton Emission Solutions Inc., Mr. da Costa currently serves as the CFO, Treasurer and a director of Red Metal Resources Ltd., a company reporting under the Exchange Act and engaged in the business of acquiring and exploring mineral claims. Mr. da Costa also currently serves as the CFO and a director of Kesselrun Resources Ltd., a Canadian reporting company listed on the TSX Venture Exchange, and as a director of Live Current Media, Inc., a company reporting under the Exchange Act.
There is no family relationship among the directors. There are currently no compensation arrangements with Mr. da Costa for acting as a member of the board of directors, or as the COO. During the last two years, the Company has been engaging the services of Da Costa Management Corp. DCM provides consulting, administrative, and accounting services to Cell MedX Corp. at $3,500 per month, and to Cell MedX (Canada) Corp., the Company’s wholly-owned subsidiary, at CAD$12,500 per month.
A copy of the Company’s news release regarding the appointment of the new director and COO is attached as Exhibit 99.1 hereto.
ITEM 9.01FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
The following exhibits are provided with this Current Report:
| Exhibit Number | Description of Exhibit |
2
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 hereunto duly authorized.
|
| CELL MEDX CORP. |
|
|
|
| Date: June 10, 2020 |
|
|
|
|
|
| By: /s/ Frank McEnulty |
|
| Frank McEnulty, |
|
| Chief Executive Officer |
3
CELL MEDX CORP. OTCQB: CMXC
FOR IMMEDIATE RELEASE ON JUNE 9, 2020
Cell MedX Corp. Receives Quality Management System ISO 13485:2016 MDSAP CertificatE
Carson City, Nevada, June 9, 2020, Cell MedX Corp. (OTCQB: CMXC) (“Cell MedX” or the “Company”), a bio-tech company focusing on the discovery, development and commercialization of therapeutic and non-therapeutic products that promote general wellness, announced today that the Company received a Quality Management System - ISO 13485:2016 certificate #MDSAP 716274 for design, development, and manufacture of microcurrent therapeutic devices, specifically the Company’s eBalance® device.
As further announced in the Company’s news release published on April 7, 2020, in February 2020 BSI Group Canada Inc. completed a Medical Device Single Audit Program (“MDSAP”) Stage 2 audit of the Company’s quality management systems to confirm that the Company’s standard operating procedures and management systems conform to the ISO 13485:2016 and Canada Medical Devices Regulations - SOR 98/282; USA - 21 CFR 820; 21 CFR 803, 21 CFR 806, 21 CFR 807 - Subparts A to D. The Audit was completed successfully and as a result, the Certificate #MDSAP 716274 was registered and made effective June 2, 2020.
In addition to the MDSAP certification, the Company holds an ISO 13485:2016 certificate #FM 716345, confirming that the Company operates a Quality Management System which complies with the requirements of ISO 13485:2016 for design, development, and manufacture of microcurrent therapeutic devices.
Appointment of Director and COO
In addition, the Company is pleased to announce that Mr. Joao (John) da Costa, has consented to join the Company’s board of directors, and was appointed as the Company’s Chief Operating Officer. Mr. da Costa brings with him a wealth of knowledge of public markets, operational strategy and management expertise. Mr. da Costa has been working with the Company during the past several years in the capacity of external consultant. He is the founder and President of Da Costa Management Corp., a company that has provided management and accounting services to public and private companies since August 2003, and is acting as CFO and director of several companies reporting under the Exchange Act and trading on OTCQB and OTCPink platforms, as well as on TSX Venture Exchange.
Frank McEnulty, the Company’s CEO and Director, stated, “We are very pleased to receive the MDSAP certification in addition to the ISO 13485:2016 certification we received in March of 2020, and certificate of conformity as Class A (Professional Use Device) and a Class B (Home Use Device) we received in 2018. With these certificates under our belt, we have made a sizable leap towards getting our eBalance® device classified as Class II medical device, allowing us to fulfill our mission of allowing individuals to pursue optimal health and wellness through innovative 21st-century therapies and technologies. I would also like to welcome Mr. da Costa to Cell MedX’s team. I’m certain that Mr. da Costa’s experience and knowledge will continue providing value to the Company.”
About Cell MedX Corp.
Cell MedX Corp. is an early development stage biotech company focused on the discovery, development and commercialization of therapeutic and non-therapeutic products that promote general wellness and alleviate complications associated with medical conditions including, but not limited to, diabetes, Parkinson’s disease, and high blood pressure. For more information about the Company and its technology please visit the Company’s website at www.cellmedx.com/investors/overview/. For the Company’s newsletter please visit www.cellmedx.com/media/newsletters/.
On behalf of the Board of Directors of Cell MedX Corp.
Frank McEnulty
CEO, Director
Forward Looking Statements
This press release contains forward-looking statements. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects", "intends", "estimates", "projects", "anticipates", "believes", "could", and other similar words. All statements addressing product performance, events, or developments that the Company expects or anticipates will occur in the future are forward-looking statements. Because the statements are forward-looking, they should be evaluated in light of important risk factors and uncertainties, some of which are described in the Company's Quarterly, and Annual Reports filed with the United States Securities and Exchange Commission (the "SEC"). Should one or more of these risks or uncertainties materialize, or should any of the Company's underlying assumptions prove incorrect, actual results may vary materially from those currently anticipated. In addition, undue reliance should not be placed on Company's forward-looking statements. In particular, the Company’s eBalance technology is still in development. Except as required by law, Cell MedX Corp. disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
The information presented in this press release, including the statements made regarding the eBalance® device, have not been evaluated by the Food and Drug Administration or Health Canada, nor has it been peer reviewed. eBalance® should not be viewed as a substitute for professional medical advice, diagnosis, or treatment. No stock exchange, securities commission or other regulatory body has reviewed nor accepts responsibility for the adequacy or accuracy of this release. Investors are advised to carefully review the reports and documents that Cell MedX Corp. files from time to time with the SEC, including its Annual, Quarterly and Current Reports.
SOURCE:
Cell MedX Corp.
For further information please visit: www.cellmedx.com
Toll free: 1.844.238.2692