0001062993-18-000490.txt : 20180208 0001062993-18-000490.hdr.sgml : 20180208 20180208132025 ACCESSION NUMBER: 0001062993-18-000490 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20180208 FILED AS OF DATE: 20180208 DATE AS OF CHANGE: 20180208 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LEADING BRANDS INC CENTRAL INDEX KEY: 0000884247 STANDARD INDUSTRIAL CLASSIFICATION: BOTTLED & CANNED SOFT DRINKS CARBONATED WATERS [2086] IRS NUMBER: 000000000 FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-19884 FILM NUMBER: 18584711 BUSINESS ADDRESS: STREET 1: UNIT 101 STREET 2: 33 W. 8TH AVENUE CITY: VANCOUVER STATE: A1 ZIP: V5Y 1M8 BUSINESS PHONE: 6046752778 MAIL ADDRESS: STREET 1: UNIT 101 STREET 2: 33 W. 8TH AVENUE CITY: VANCOUVER STATE: A1 ZIP: V5Y 1M8 FORMER COMPANY: FORMER CONFORMED NAME: BRIO INDUSTRIES INC DATE OF NAME CHANGE: 19941102 FORMER COMPANY: FORMER CONFORMED NAME: CAMFREY RESOURCES LTD DATE OF NAME CHANGE: 19930506 6-K 1 form6k.htm FORM 6-K Leading Brands, Inc.: Form 6-K - Filed by newsfilecorp.com

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934

For the month of February 2018

Commission File Number: 000-19884

LEADING BRANDS, INC.
(Registrant)

33 West 8th Avenue – Unit 101,
Vancouver, British Columbia V5Y 1M8 Canada
(Address of Principal Executive Offices)

(Indicate by check mark whether the Registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)

  Form 20-F [X] Form 40-F [   ]  

(Indicate by check mark whether the Registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)

  Yes [   ] No [X]  

(If “Yes” is marked, indicate below the file number assigned to the Registrant in connection with Rule 12g3-2(b).)


Attached hereto and incorporated by way of reference herein is the following exhibit:

SUBMITTED HEREWITH

Exhibits

News Release Dated February 8, 2018

This Report on Form 6-K is incorporated by reference into the registration statement on Form F-3, File No. 333-146271, and into the prospectus that forms a part of that registration statement, and to be a part thereof from the date on which this Report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.

This Form 6-K is hereby filed and incorporated by reference into the registrant’s Registration Statements on Form S-8 (File Nos. 333-175241 and 333-101555).

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, thereunto duly authorized.

  LEADING BRANDS, INC.
  (Registrant)
     
Date February 8, 2018 By Fei Xu
    (Signature)
     
    Fei Xu
     
    Corporate Controller


EX-99.1 2 exhibit99-1.htm EXHIBIT 99.1 Leading Brands, Inc.: Exhibit 99.1 - Filed by newsfilecorp.com

FOR IMMEDIATE RELEASE

CONTACT:
Leading Brands, Inc.
Email: info@LBIX.com

LEADING BRANDS, INC.:

Announces that it has Entered into a Support Agreement with
Majesco Entertainment Company (“Majesco”)
To Finance Exploitation of Majesco Gaming Properties in China

Vancouver, Canada, February 8, 2018, Leading Brands, Inc. (NASDAQ: LBIX) (the “Company”), announces that it has entered into a Support Agreement with Liquid Media Group, Inc’s (“Liquid”) subsidiary, Majesco Entertainment Company (“Majesco”), whereby the Company will invest in the exploitation of Majesco’s gaming properties in Asia.

On September 18, 2017 the Company announced that it had entered into a Definitive Arrangement Agreement (the “DAA”) with Liquid of Vancouver, Canada whereby LBIX would acquire 100% of Liquid pursuant to a plan of arrangement. The DAA was amended on January 15, 2018 and the exchange ratio adjusted so that LBIX shares would be valued at $1.78 US. It is anticipated that existing LBIX shareholders will hold 25.8% and Liquid shareholders are anticipated to hold 74.2% of the post-transaction entity.

In order to assist Liquid with the development of its gaming business (in advance of the closing of the Preferred Share financing also announced by Liquid on January 15, 2018) the Company has agreed to advance Funds to Majesco so that Majesco can in turn retain Web Presence in China (“WPIC”) to further its intellectual properties such as “A Boy and His Blob (男孩与泡泡怪)” currently selling in China. WPIC will ensure Majesco meets Chinese consumer demands; hosted in China to ensure maximum up-time and fast load times, with customized video and social media functionality.

As part of its engagement, WPIC will develop a WeChat posting function so user comments appear on the website and unique QR codes used for on-location approval for vouchers and coupons. This advanced integration into WPIC event promotion efforts will be used to initiate the presence of the Majesco properties in Asia. WeChat is China’s most popular social media platform and functions similarly to a combination of Facebook, Paypal and WhatsApp.

In exchange for this investment, the Company has the opportunity to receive 5% of the net profits from sales of Majesco gaming assets in Asia for a period of five years.

The full text of the corresponding Liquid News Release may be found at www.LiquidMediaGroup.co

Ralph McRae

Ralph D. McRae
Chairman & CEO


Forward Looking Statements
Certain information contained in this press release includes forward-looking statements. Words such as “believe”, “expect,” “will,” or comparable terms, are intended to identify forward-looking statements concerning the Company’s expectations, beliefs, intentions, plans, objectives, future events or performance and other developments. All forward-looking statements included in this press release are based on information available to the Company on the date hereof. Such statements speak only as of the date hereof. Important factors that could cause actual results to differ materially from the Company’s estimations and projections are disclosed in the Company’s securities filings and include, but are not limited to, the following: general economic conditions, weather conditions, changing beverage consumption trends, pricing, availability of raw materials, economic uncertainties (including currency exchange rates), government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other risk factors described from time to time in securities reports filed by Leading Brands, Inc. For all such forward-looking statements, we claim the safe harbor for forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

©2018 Leading Brands, Inc.


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