Jones Soda Co. (OTCMKTS:JSDA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ME Staff 8-k
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Jones Soda Co. (OTCMKTS:JSDA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 25, 2019, Richard V. Cautero informedJones Soda Co. (the “Company”) that he would not be standing for re-election at the Company’s 2019 Annual Meeting of Shareholders, and that he would resign from the Board of Directors effective May 9, 2019 due to personal reasons and time considerations. Mr. Cautero’s resignation was not the result of any disagreement between Mr. Cautero and the Company, its management, Board ofDirectorsor any committee of the Board ofDirectors, or with respect to any matter relating to the Company’s operations, policies or practices.As there are no disagreements as contemplated by Item 5.02(a) of Form 8-K, and the Company is disclosing this information to Item 5.02(b) of Form 8-K.

About Jones Soda Co. (OTCMKTS:JSDA)

Jones Soda Co. develops, produces, markets and distributes beverages. The Company sells and distributes beverages in the United States and Canada through its network of independent distributors and directly to its national and regional retail accounts. The Company also sells products in select international markets. Its products are sold in grocery stores, convenience and gas stores in independent accounts, such as delicatessens and sandwich shops, as well as through its national accounts with retailers. The Company outsources the manufacturing process to third-party contract manufacturers. It also sells a range of products online, including soda with customized labels, wearables, candy and other items. The Company’s beverages are classified in the sparkling beverage category. Its product line-up includes Jones Soda, Jones Zilch and Jones Stripped. The Company also offers Lemoncocco, which is a non-carbonated blended beverage, and 7-Select branded sodas.