UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 0R 15 (D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): November 28, 2018
LONE STAR GOLD, INC.
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(Exact name of registrant as specified in its charter)
Nevada
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(State or Other Jurisdiction of Incorporation)
000-54509 45-2578051
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(Commission File Number) (IRS Employer Identification No.)
202311 Chartwell Ctr Dr Ste 1469,Cornelius NC 28031
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(Address of Principal Executive Offices) (Zip Code)
(704) 790 9799
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(Registrant's telephone number, including area code)
N/A
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(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 obligations of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17CFR
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-14c))
Indicate by check mark whether the registrant is an emerging growth company as
defined in Rule 405 of the Securities Act of 1933 (ss.203.405 of this chapter)
or Rule 12b-2 of the Securities Exchange Act of 1934 (ss.204.12b-2 of this
chapter.
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. [ ]
Item 1.01. Entry Into A Material Definitive Agreement.
On November 28, 2018 the Company entered into an agreement to acquire all
of the issued and outstanding shares of Infinity, Inc. for 60,000,000
(post-split) shares of the Company's common stock.
The acquisition of Infinity is contingent upon a number of conditions,
including:
o FINRA's approval of a 100-for-1 reverse split of the Company's common
stock, and
o the Company's acquisition of Good Hemp Living, Inc. for
9,154,615 (post-split) shares of the Company's common stock.
Infinity is focused on the acquisition and management of vertically
integrated companies in the regulated recreational and medical-use cannabis
industry.
Infinity currently operates under a City of San Diego Business Tax
Certificate that allows processing and packaging of medical marijuana until
12/31/2019. This allows Infinity to operate under Prop215 until a Conditional
Use Permit ("CUP") is granted. Infinity is in Cycle 8 of 10 cycles with the City
of San Diego CUP process under San Diego Ordinance O-20858 which allows Infinity
to operate a marijuana manufacturing-processing, packaging and distribution
facility in accordance with San Diego Municipal Code section 141.1004.
Infinity also markets a line of disposable vape pens, CBD lotions, CBD/THC
pain salves, and CBD teas.
For the nine month period ended September 30, 2018 Infinity had revenues of
$4,531,775 and net income of $17,112.
Good Hemp Living, Inc. is a company involved in hemp consumer goods. Good
Hemp Living, Inc. is controlled by Mark Spoone, William Alessi and Chris Chumas.
For the nine month period ended September 30, 2018 Good Hemp Living did not
have any revenues
Item 5.02. Departure of Directors of Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
On December 3, 2018 the Company appointed Mark Spoone to be a director.
Mr. Spoone (age 52) was the founder of Cannalife USA, Ltd and since 2013
has been its Chief Executive Officer. Cannalife is one of the first companies to
develop and market beverages using byproducts of hemp as an essential
ingredient. Mr. Spoone is one of the founders of the National Hemp Associations.
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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.
Date: December 4, 2018 LONE STAR GOLD, INC.
By: /s/ William Alessi
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William Alessi
Chief Executive Officer