Delaware
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27-2205650
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(State of incorporation)
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(I.R.S. Employer Identification No.)
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18671 Lake Drive East
Southwest Tech Center A
Minneapolis, MN
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55317
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(Address of principal executive offices)
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(Zip Code)
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Securities registered pursuant to Section 12(b) of the Act:
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Title of Each Class
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Name of Each Exchange on which Registered
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None
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N/A
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ITEM 9A.
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CONTROLS AND PROCEDURES
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ITEM 15.
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EXHIBITS AND FINANCIAL STATEMENT SCHEDULES
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Exhibit No.
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Description
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31.1
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Certification pursuant to Section 302 of the Sarbanes Oxley Act of 2002 (filed herewith).
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31.2
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Certification pursuant to Section 302 of the Sarbanes Oxley Act of 2002 (filed herewith).
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32
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Certification pursuant to Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 ( filed herewith ).
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101.INS
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XBRL Instance Document
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101.SCH
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XBRL Taxonomy Extension Schema
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101.CAL
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XBRL Taxonomy Extension Calculation Linkbase
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101.DEF
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XBRL Taxonomy Extension Definition Linkbase
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101.LAB
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XBRL Taxonomy Extenstion Label Linkbase
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101.PRE
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XBRL Taxonomy Extension Presentation Linkbase
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Cachet Financial Solutions, Inc.
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/s/ Jeffrey C. Mack
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4/15/14
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Jeffrey C. Mack
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Chief Executive Officer
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/s/ Jeffrey C. Mack
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4/15/14
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Jeffrey C. Mack
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Chief Executive Officer
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/s/ Darin P. McAreavey
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4/15/14
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Darin P. McAreavey
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Chief Financial Officer
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/s/ James L. Davis
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4/15/14
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James L. Davis
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Director
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/s/ Michael J. Hanson
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4/15/14
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Michael J. Hanson
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Director
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/s/ Mark S. Anderson
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4/15/14
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Mark S. Anderson
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Director
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/s/ Terril H. Peterson
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4/15/14
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Terril H. Peterson
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Director
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1.
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I have reviewed this annual report on Form 10-K/A of Cachet Financial Solutions, Inc.;
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2.
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Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
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3.
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Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
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4.
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The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
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(a)
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Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
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(b)
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Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; and
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5.
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The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
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(a)
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All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
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(b)
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Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
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Date: April 15, 2014
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/s/ Jeffrey C. Mack
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Jeffrey C. Mack
Chief Executive Officer
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1.
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I have reviewed this annual report on Form 10-K/A of Cachet Financial Solutions, Inc.;
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2.
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Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
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3.
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Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
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4.
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The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
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(a)
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Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
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(b)
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Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; and
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5.
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The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
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(a)
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All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
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(b)
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Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
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Date: April 15, 2014
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/s/ Darin P. McAreavey
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Darin P. McAreavey
Chief Financial Officer
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1.
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The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Act of 1934; and
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2.
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The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.
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/s/ Jeffrey C. Mack
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Jeffrey C. Mack
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Chief Executive Officer
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April 15, 2014
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/s/ Darin P. McAreavey
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Darin P. McAreavey
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Chief Financial Officer
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April 15, 2014
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Commitments and Contingencies (Details) (USD $)
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Dec. 31, 2013
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---|---|
Commitments and Contingencies [Abstract] | |
2014 | $ 336,000 |
2015 | 292,000 |
2016 | $ 183,000 |
Related Party Transactions (Details) (USD $)
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12 Months Ended | |
---|---|---|
Dec. 31, 2013
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Dec. 31, 2012
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Related Party Transactions [Abstract] | ||
Debt held by related parties | $ 2,362,561 | $ 4,869,551 |
Interest paid to related parties | 125,000 | 9,393 |
Related party interest expense | 120,687 | 448,732 |
Warrants held by related parties | $ 942 | $ 791,998 |
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