MassRoots, Inc. (OTCMKTS:MSRT) Files An 8-K Other EventsItem 8.01 Other Events.
On August 14, 2018, the Company hosted a shareholder update call to provide an update on the roll-out of its dispensary portal, insight on recent and upcoming developments at the Company and key milestones for the fourth quarter of 2018.
During the question and answer session of the call, a caller identified himself as, “John Wallace from SEC Enforcement,” and asked a series of questions.
The Company has never received any communication from the Securities and Exchange Commission (the “Commission”) Division of Enforcement since inception, and, to its knowledge, is not the subject of any investigation by the Commission’s Division of Enforcement.
A transcript of the call is filed as Exhibit99.1 hereto and incorporated herein by reference and a recording is accessible at https://www.massroots.com/investors/presentations/.
Subsequent to the shareholder update call, the Company researched whether a person by the name of John Wallace was, in fact, employed by the Commission in the Division of Enforcement. In doing so, the Company located the following Commission Investor Alert regarding persons posing as government agents:
Investor Alert: SEC Warns of Government Impersonators
https://www.sec.gov/fast-answers/answersimpersonatorshtm.html.
The Alert includes a number to the Commission’s automated personnel locator, which the public may use to verify whether a person is a Commission staff member. The Company conducted a search, using the Commission’s automated personnel locator, of the name “John Wallace” and nine other spelling variations of that name, all of which came back negative. The Company subsequently called the Commission and spoke with a receptionist who confirmed that no person by the name of John Wallace is employed by the Commission.
Accordingly, the Company believes that the person who identified himself during the call as being with the Commission’s Division of Enforcement may have misrepresented himself as being a Commission staff member. The Company is submitting a report of the incident to the Commission, and intends to investigate and attempt to identify the true identity of the caller.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| 99.1 | Transcript of shareholder update call held August 14, 2018. |
MassRoots, Inc. ExhibitEX-99.1 2 f8k081418ex99-1_massroots.htm TRANSCRIPT OF SHAREHOLDER UPDATE CALL HELD AUGUST 14,…To view the full exhibit click here
About MassRoots, Inc. (OTCMKTS:MSRT)
MassRoots, Inc. (MassRoots) is a United States-based company, which offers technology platforms for the cannabis industry. The Company’s mobile applications enable consumers to provide community-driven reviews of cannabis strains and products, enabling consumers to make cannabis purchasing decisions. Through its mobile applications and Web portal, users utilize MassRoots to share their cannabis content, stay connected with the legalization news and follow their preferred dispensaries. Its mobile application features dispensary finder and menus; product pages and reviews, and Sponsored Posts 2.0. It provides business dashboards featuring MassRoots’ product data in actionable formats. The Company focuses on introducing other features for users and index the network’s public content on Google for software engine optimization (SEO) value. The Company gains insights into consumer trends by aggregating data from various cannabis consumers.
