Electronic Servitor Publication Network, Inc 8-K, filed Apr 21, 2022
Electronic Servitor Publication Network, Inc. (XESP)
About this 8-K
Electronic Servitor Publication Network, Inc filed this 8-K on April 21, 2022, reporting on events of April 20, 2022.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction | (Commission File Number) | (IRS Employer | ||
| of Incorporation) | Identification Number) | |||
(Current Address, including zip code, and telephone number, including area code,
of registrant's principal executive offices)
c/o INC. PLAN (USA)
TROLLEY SQUARE, SUITE 20C
WILMINGTON, DE 19806
Tel. 800-462-4633
(Name, address, including zip code, and telephone number,
Including area code, of agent for service)
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:
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 |
| 1 |
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Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock | N/A | N/A |
| 2 |
ELECTRONIC SERVITOR PUBLICATION NETWORK INC.
Form 8-K
Current Report
ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
Notice of Resignation of Anthony Sanneh as Chief Executive Officer, Chief Financial Officer and Secretary
On April 18, 2022, Anthony Sanneh gave notice to the Company that he intends to resign as Chief Executive Officer, Chief Financial Officer and Secretary of the Company, to be effective on May 15, 2022. Mr. Sanneh’s resignation was not due to any disagreement with the Company on any matter relating to its operations, policies or practices.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
Exhibits
Certain exhibits listed below are incorporated by reference as so marked with the date and filing with which such exhibits were filed with the Securities and Exchange Commission).
| 17.1* | Correspondence from Anthony Sanneh | |
| 101 | Pursuant to Rule 406 of Regulation S-T, the cover page is formatted in Inline XBRL (Inline eXtensible Business Reporting Language). | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document and included in Exhibit 101). |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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ELECTRONIC SERVITOR PUBLICATION NETWORK INC.
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| Date: April 20, 2022 | By: /s/ Thomas Spruce | |
| Thomas Spruce | ||
| President | ||
3
Exhibit 17.1
April 18, 2022 Thomas "Denny'' Spruce, President Electronic Servitor Publication Network, Inc. 400 1st Ave N., Ste. 100 Minneapolis, MN 55401 Re: Resignation of Anthony Sanneh Dear Denny: After thoughtful consideration, I have determined that it is best for me personally to focus my time and efforts running my non-profit businesses. Please let this letter serve as my official 30 days written notice to resign from all duties of the company and board of directors. I am resigning as the Chief Executive Officer, Chief Financial Officer, and Secretary of Electronic Servitor Publication Network-effective May 15, 2022. I am electing to exercise my right to voluntarily terminate my employment and duties with the company (pursuant to Section 4(e) of my Employment Agreement). Per our agreement, I will retain my 250,000 fully vested options. I am forfeiting all remaining 250,000 nonvested options and all other company obligations in my employment agreement (including the $1.00 salary). As a professional courtesy, I would ask for a written reply acknowledging my resignation and include an indemnification from all past, present, and future responsibilities and activities from my role within the company. My resignation from the company and the termination of the Employment Agreement are not due to any disagreement with the company. Rather, I cannot reasonably serve my non-profit business and Electronic Servitor Publication Network simultaneously-there are not enough hours in the day and the kids I help need me more than anyone else. As my time becomes available and if the opportunity makes sense for the company, I would welcome the opportunity in helping build a charitable part of your business for professional athletes and the public to game together and raise money for good causes. Denny, I hope you and the team are able to focus all the resources and energy on achieving the business vision. To the best of my abilities, I have fulfilled my obligations to help transition the company to the next phase of development and look forward to its success. Please do not hesitate to reach out if I can be of assistance. Thank you for your consideration and support of my decision. It has been a pleasure to serve! Best regards, Tony 612.414.7121