0001445866-16-001544.txt : 20160126 0001445866-16-001544.hdr.sgml : 20160126 20160126111051 ACCESSION NUMBER: 0001445866-16-001544 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20160121 ITEM INFORMATION: Unregistered Sales of Equity Securities ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20160126 DATE AS OF CHANGE: 20160126 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CANNASYS INC CENTRAL INDEX KEY: 0001417028 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 880367706 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-54476 FILM NUMBER: 161360464 BUSINESS ADDRESS: STREET 1: 1720 SOUTH BELLAIRE STREET STREET 2: SUITE 325 CITY: DENVER STATE: CO ZIP: 80222 BUSINESS PHONE: 800-420-4866 MAIL ADDRESS: STREET 1: 1720 SOUTH BELLAIRE STREET STREET 2: SUITE 325 CITY: DENVER STATE: CO ZIP: 80222 FORMER COMPANY: FORMER CONFORMED NAME: Thermal Tennis Inc. DATE OF NAME CHANGE: 20071031 8-K 1 cannasys8k01252016.htm CURRENT REPORT
 
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):  January 21, 2016


CANNASYS, INC.
(Exact name of registrant as specified in its charter)
         
Nevada
  
000-54476
  
88-0367706
(State or other jurisdiction of
  
(Commission File Number)
  
(IRS Employer
incorporation or organization)
      
Identification No.)
         
1350 17th Street, Suite 150
    
Denver, Colorado
  
80202
(Address of principal executive offices)
  
(Zip code)
     
Registrant's telephone number, including area code:
  
Phone: (720) 420-1290
     
 
(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 3.02—UNREGISTERED SALES OF EQUITY SECURITIES

On January 21, 2016, CannaSys, Inc. issued warrants for the purchase of 312,500 shares of its common stock to KiwiTech, LLC, based in Washington, D.C., with regional offices in New York, New York, Fort Collins, Colorado, and New Delhi, India. The warrant was issued in reliance on the exemption from registration provided in Section 4(a)(2) of the Securities Act of 1933, as amended, for transactions not involving any public offering. KiwiTech, LLC is an "accredited investor" as defined in Rule 501(a) of Regulation D and confirmed the foregoing and acknowledged that the securities to be issued on the exercise of the warrant must be acquired and held for investment. No underwriter participated in the offer and sale of these securities, and no commission or other remuneration was paid or given directly or indirectly in connection therewith.

ITEM 8.01—OTHER EVENTS

On January 24, 2016, CannaSys, Inc. issued a press release, a copy of which is filed as Exhibit 99.01 hereto.

ITEM 9.01—FINANCIAL STATEMENTS AND EXHIBITS

The following is filed as an exhibit to this report:

Exhibit
Number*
  
 
Title of Document
  
 
Location
         
Item 99
  
Miscellaneous
 
    
99.01
  
Press Release dated January 24, 2016
  
Attached
_______________________________________
* All exhibits are numbered with the number preceding the decimal indicating the applicable SEC reference number in Item 601 and the number following the decimal indicating the sequence of the particular document.


SIGNATURES

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.

 
CANNASYS, INC.
   
     
     
Dated: January 25, 2016
By:
/s/ Michael A. Tew
   
Michael A. Tew, Chief Executive Officer

EX-99.01 2 exhibit9901.htm EXHIBIT 99.01
Exhibit 99.01
 
CannaSys Announces Strategic Relationship with KiwiTech, LLC
Leading Technology Development Firm, Incubator, and Investor to Align with CannaSys for First Foray into Cannabis Industry
DENVER, CO AND WASHINGTON, DC / ACCESSWIRE / January 25, 2016 / CannaSys, Inc. (OTCQB: MJTK) ("CannaSys" or the "Company") a leading technology solutions, branding, and marketing company for the cannabis industry, has today announced a strategic relationship with KiwiTech, LLC. ("KiwiTech"), a unique business incubator providing a combination of mobile technology development solutions, and active investment into new and exciting technologies. As part of this new relationship, KiwiTech will provide exclusive technology development capability to Cannasys as well as evaluate CannaSys for potential future investment.
Founded in 2009 by technology veterans Rakesh Gupta and Neal Gupta, KiwiTech is a leading innovator in the incubation sector. KiwiTech has been a key developer of widely used mobile applications including Sensery, a mobile wealth management CRM platform, Loopster, a video editing platform, and Brilatta, a unique platform for hotel administration.
"Our customer success is vital and given prominence over company profits at KiwiTech," said Rakesh Gupta, Founder and CEO, KiwiTech. "Our collaboration with CannaSys in building out new technologies will strengthen CannaSys' capability to connect with customers in a whole new way."
CannaSys will integrate KiwiTech into its technology development pipeline immediately through a revamp of its core BumpUp Rewards loyalty product as well as into other unique product channels currently in the company's development pipeline. The relationship with KiwiTech also allows CannaSys to cut its core technology development costs by more than 50% which will further facilitate corporate growth and profitability.
"We are flattered that KiwiTech has chosen CannaSys as its initial foray into the regulated cannabis industry," commented Michael Tew, CannaSys' CEO. "We believe this new relationship will significantly enhance and accelerate our technology development capabilities as well as open up new avenues for investor capital, solving two innate challenges cannabis software companies face with one new strategic partner."
About KiwiTech, LLC
KiwiTech (www.kiwitech.com) provides end-to-end digital technology solutions across a wide range of industries, including publishing, healthcare, media & entertainment, education, financial services, and government. It has quickly gained recognition as an innovator by investing in numerous early-stage startups and partnering with large enterprises. Leveraging world-class design and technology development capabilities and extensive expertise with content management and creation, KiwiTech enables companies to seamlessly add mobile to their technology stack ensuring instant access to information - anytime, anywhere, and on any device. KiwiTech is based in Washington DC, with regional offices in New York, New York, Fort Collins, Colorado, and New Delhi, India.
About CannaSys, Inc.
CannaSys is a leading technology solutions, marketing, and branding company in the regulated cannabis industry. Its core products are delivered "software as a service" to facilitate point-of-purchase transactions, customer relationship marketing solutions, and cannabis laboratory information management systems. CannaSys plans to develop, acquire, and build strategic relationships with other entities in order to bring additional solutions to market in both established and developing medical and recreational cannabis states.
Media Contact

Sudhir Kumar
718-619-8517
sudhir@kiwitech.com

Michael A Tew
CEO, CannaSys
Michael.tew@cannasys.com
720.420.1290

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