arec_8k
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): May 13, 2020
AMERICAN RESOURCES CORPORATION
(Exact name of registrant as specified in its charter)
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Florida
(State
or other jurisdiction
of
incorporation)
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000-55456
(Commission
File
Number)
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46-3914127
(I.R.S.
Employer
Identification
No.)
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12115
Visionary Way, Suite 174, Fishers Indiana, 46038
(Address
of principal executive offices)
(317)
855-9926
(Registrant’s
telephone number, including area code)
________________________________________________
(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 (See: General Instruction
A.2. below):
[
]
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
(17CFR240.14a-12)
[
]
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act
(17CFR240.14d-2(b))
[
]
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act
(17CFR240.13e-4(c))
Item 8.01 Other Events
As a supplier to the basic elements in the international steel and
infrastructure markets, the outbreak of COVID-19 has been
challenging for our company, vendors, customers and professional
service providers. During this time, resources have been
diverted from many aspects of the company to further the company
for sustained growth once the outbreak is contained. This
diversion of resources has led to the need to seek relief under the
Securities and Exchange Commission Order Release No.
34-88465 dated
March 25, 2020. The required 10-Q will be filed on or before
June 26, 2020.
Risk Factor: Our business may suffer from the severity or longevity
of the Coronavirus/COVID-19 Global Outbreak
As a supplier of the initial raw inputs into the global steel and
infrastructure markets, the severity or longevity of the
Coronavirus/COVID-19 global outbreak may adversely affect our
business. Our primary product relies upon the domestic and
international logistics channels. Any disruption of these
channels may cause hardships in delivering product to
customers. The demand for our product relies upon the global
use of steel and infrastructure. Shifts in global steel and
infrastructure demand may adversely affect our business. As a
public company, we rely upon the dedication of internal resources
as well as external professionals to comply with regulations.
The unavailability or diversion in professional resources may
adversely affect our business. Our board of directors and
executive management are key to the vision and operational
performance of the company. Direct infection of any member of
the board of directors or executive management may adversely affect
our business.
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.
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American
Resources Corporation
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Date:
May 13, 2020
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By:
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/s/
Mark C. Jensen
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Mark C.
Jensen
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Chief
Executive Officer
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