Freedom Leaf Inc. (OTCMKTS:FRLF) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
On April 19, 2017, Freedom Leaf Inc. (the “Company”) appointed Charles Grigsby, as its Chief Financial Officer to serve for an initial two-year term.
From January 2012 through June 2013, Mr. Grigsby, CPA, ABV, CFF, CITP, CMAA, MAFF, CFE, age 68, was a partner at Grigsby & Castro, LLC, where he performed accounting review and compiled reports, handled tax return compliance and planning, prepared fraud reports and performed fraud investigations, and acted as an expert witness for forensic accounting cases. From July of 2013 to the present, Mr. Grigsby has been the sole proprietor of Grigsby Forensics & Valuation, where he performed business valuations, including private equity valuations, reviewed valuation reports, engaged in fraud detection, risk assessment and predication, and provided other accounting services including compilation of reports, review of certified audits, and internal control, SSAE No. 16, SOC 1 and 2 audits, as well as PCI and HIPPA audits. Mr. Grigsby has been the Chief Financial Officer of UMAX Group Corp., a publicly traded corporation, since March 2016, and he has been the Chief Financial Officer of Rockstar Mining Corp., a private corporation, since October 18, 2016.
The Company has entered into an employment contract with Mr. Grigsby with an initial two-year term, to which Mr. Grigsby will be paid 1,000,000 shares of Company common stock for his first six months of employment, and 100,000 shares of Company common stock for each additional 6 months thereafter.
About Freedom Leaf Inc. (OTCMKTS:FRLF)
Freedom Leaf, Inc. (Freedom Leaf) is focused on being the national and international news source for the Cannabis/Industrial Hemp industry. The Company, through its online and print media channels, is engaged in dissemination of current legislation and legal news, arts and entertainment. The Company provides advertisements in publications, both print and online, in the cannabis/hemp marketplace. It provides consulting services to companies who are in its industry. It contracts with companies to brand, market and sell their products and/or services. It sells licenses, both domestic and foreign, for the use of the Freedom Leaf brand that includes its products and services. The Company also incubates other companies in the cannabis industry. The Company’s magazine, The Good News in Marijuana Reform, reports on arts, fashion and lifestyle, all of the elements of the burgeoning cannabis movements. Freedom Leaf Inc. (OTCMKTS:FRLF) Recent Trading Information
Freedom Leaf Inc. (OTCMKTS:FRLF) closed its last trading session up +0.0006 at 0.0506 with shares trading hands.