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 14, 2020 |
TEO FOODS INC.
(Exact name of Registrant as specified
in its charter)
|
Nevada
(State or other jurisdiction
of incorporation) |
333-226801
(Commission
File Number) |
47-1209532
(I.R.S. Employer
Identification No.) |
|
2739 Via Orange Way #110
Spring Valley, California
(Address of principal executive offices) |
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91978
(Zip Code) |
| Registrant’s telephone number, including area code: (619) 758-1973 |
Blvd De Los Insurgentes 19801, Unit 4-D
Tijuana, Baja California, Mexico
(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:
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☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an
emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
[x]
Emerging growth company
If an
emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [
]
In accordance with the Securities and Exchange
Commission (the “SEC”) Order Under Section 36 of the Securities Exchange Act of 1934 Granting Exemptions from Specified
Provisions of the Exchange Act and Certain Rules Thereunder, SEC Release No. 34-88318, dated March 4, 2020 (the “Order”),
TEO Foods Inc. (the “Company”) hereby states the following:
The Company is relying on the relief provided by the Order in connection
with the filing of its Quarterly Report on Form 10-Q for the period ended March 31, 2020 (the “Quarterly Report”).
The delay in filing is due to difficulties
by both the Company and our auditors as a result of the COVID-19 pandemic, impacting the Company’s ability to file its Quarterly
Report by May 15, 2020. The Company’s primary operating offices, including its accounting department, are located in Tijuana,
Mexico. Our CEO crosses the border to the Tijuana offices from San Diego California. Both of these areas have been significantly
impacted by the COVID-19 outbreak. Our internal staff and contracted staff have been impacted by the stay at home and shutdown
orders in place in southern California and Tijuana. We have not been able to replace staff in Tijuana due to the restrictions which
has overburdened existing staff.
Attached is a letter from the Company’s
auditors, Accell Audit and Compliance, P.A., in support of our reliance on the Order.
The Company expects to file the Quarterly Report
no later than June 29, 2020 (which is 45 days from the Report’s original filing deadline of May 15, 2020)
| Item 9.01. |
Financial
Statements an Exhibits |
(d) Exhibits
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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TEO Foods Inc. |
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| Date: |
May 14, 2020 |
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By: |
/s/ Jeffrey H Mackay |
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Jeffrey H. Mackay |
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CEO |
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