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: July 21, 2021

 

ALTITUDE INTERNATIONAL HOLDINGS, INC.

(Exact name of Registrant as specified in its Charter)

 

New York   000-55639   13-3778988
(State or Other Jurisdiction   (Commission   (I.R.S. Employer
of Incorporation)   File Number)   Identification No.)

 

4500 SE Pine Valley Street, Port St. Lucie, FL 34952

(Address of Principal Executive Offices)

 

772-323-0625

(Registrant’s Telephone Number, including area code)

 

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 14-a-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-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).

 

Securities registered pursuant to Section 12(b) of the Act: None

 

Emerging growth company [X]

 

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. [  ]

 

Securities registered under Section 12(b) of the Exchange Act: None

 

Securities registered pursuant to Section 12(g) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common stock, $.001 par value   ALTD   N/A

 

 

 

 
 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On July 23, 2021, Scott Del Mastro was appointed to the Board of Directors of the Company. Scott Del Mastro, 54, received his Bachelor’s in Psychology with an emphasis in Biomechanics from San Diego State University. He then received his Master’s degree in Sport Psychology also from San Diego State University. He has owned, operated, and served as the Director of Operations at ITA-USA Enterprise, LLC., dba Club Med Academies, since 2009. Previously, he was the owner and operator of the International Tennis Academy (ITA) in Delray Beach, Florida, for 14 years, before relocating to Port Saint Lucie, Florida in 2009 to launch Club Med Academies High Performance Multi-Sport Training Program and Fully Accredited K-12 Academic School. He has coached and trained professional and junior tennis players on the U.S. and World Circuits (ATP, WTA, ITF) for more than 30 years. Del Mastro specializes in ENERGY Management, Tennis Specific Movement, Mental Performance, and Fitness. He conceptualized, developed, and delivered Club Med Academies College Placement Program, which has assisted thousands of athletes in the college entrance process, leading to millions of dollars in collegiate athletic and academic scholarships. Additionally, he is an internationally acknowledged speaker and clinician in Sport Psychology and other various tennis-related topics.

 

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

 

The Board of Directors of the Company, pursuant to Fourth Article of the Company’s Amended Articles of Incorporation, approved the designation of fifty-one (51) shares of its authorized capital stock as “Series A Preferred Stock”. The Certificate of Designation for the Series A Preferred Stock was filed on July 21, 2021, and the Company received confirmation of the filing on July 27, 2021. A copy of the filing is included as Exhibit 3.1 to this Form 8-K. These shares have preferential voting rights equal to (x) 0.019607 multiplied by the total issued and outstanding shares of Common Stock eligible to vote at the time of the respective vote (the “Numerator”), divided by (y) 0.49, minus (x) the Numerator.

 

Item 7.01 Regulation FD Disclosure.

 

On July 26, 2021, the Company issued a press release regarding developments in its wholly-owned subsidiary, Trident Water. A copy of the press release issued by the Company is attached as Exhibit 99.1 to this Current Report on Form 8-K, which is incorporated by reference solely for purposes of this Item 7.01 disclosure.

 

On July 27, 2021, the Company issued a press release regarding the Closing of the transaction with Breunich Holdings, Inc. A copy of the press release issued by the Company is attached as Exhibit 99.2 to this Current Report on Form 8-K, which is incorporated by reference solely for purposes of this Item 7.01 disclosure.

 

Exhibits 99.1 and 99.2 contains forward-looking statements. These forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Forward-looking statements are based upon assumptions as to future events that may not prove to be accurate. Actual outcomes and results may differ materially from what is expressed in these forward-looking statements.

 

The information set forth under this Item 7.01, including Exhibit 99.1, is being furnished and, as a result, such information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of such Section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

 

Item 9.01 Exhibits

 

3.1   Certificate of Amendment of the Certification of Incorporation for the Series A Preferred Stock
99.1   Press Release dated July 26, 2021
99.2   Press Release dated July 27, 2021

 

 
 

 

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: July 27, 2021

 

  ALTITUDE INTERNATIONAL HOLDINGS, INC.
     
  By: /s/ Greg Breunich                               
  Name: Greg Breunich
  Title: Chief Executive Officer, Chief Financial Officer and Director

 

 

 

Exhibit 3.1

 

 

 
 

 

 

 
 

 

 

 
 

 

 

 

 

Exhibit 99.1

 

Altitude International Secures Rights to Ozone Purification Patent for its Atmospheric Water Generators

 

PR Newswire

 

PORT ST. LUCIE, Fla., July 26, 2021

 

PORT ST. LUCIE, Fla., July 26, 2021 /PRNewswire/ — Altitude International Holdings Inc (OTCQB: “ALTD”) has announced that DMPG, LLC has assigned the patent rights in USP #7272947 to ALTD through a Share Exchange Agreement executed earlier this month. The Trident Water Company, a wholly owned subsidiary of ALTD, had previously been manufacturing its Atmospheric Water Generators under a Licensing Agreement with DMPG, LCC.

 

The patent’s abstract states, “A water producing system adapted to condense water from the air and collected in a storage tank where the water is purified and bacteria is killed. One form of killing the bacteria is utilizing an ozone injection system with a filter system to remove the ozone before the water is dispensed.”

 

Ozone purification has proven to be the most effective FDA approved process for eradicating toxins and contaminants that are found in water and is the EPA’s preferred method for water purification. Ozone, also known as O3, is an incredibly powerful oxidant that inactivates pesticides, fungus, organic materials, and viruses far more effectively than chlorine.

 

“We believe it is critical for ALTD to own the rights to this invaluable patent rather than be a licensee so that we can vigilantly protect our intellectual property,” said Greg Breunich, ALTD and Trident CEO. “As we continue to exponentially grow Trident’s sales through our rapidly expanding work with Russkap Holdings and the US Department of Defense, as well as through some extraordinary new projects we are about to undertake, we determined that we must have these intellectual rights in-house and took the action needed to get it done.”

 

Ed Russo, Russkap CEO added “A good part of the reason we originally chose Trident to manufacture the AWGs for our military contracts was based on their ozone purification system and we are thrilled that they now own this unrivaled technology. As new orders continue to pour in from the Army, Navy, and Marines, Greg Breunich and I are in total agreement that it is best to leave nothing to chance.”

 

SAFE HARBOR STATEMENT

 

This press release contains certain “forward-looking statements,” as defined in United States Private Securities Litigation Reform Act of 1995, that involve risks and uncertainties. There can be no assurance such statements will prove to be accurate and actual results and future events could differ materially from management’s current expectations. The economic, competitive, governmental, technological and other factors identified in the Company’s previous filings with the Securities and Exchange Commission may cause actual results or events to differ materially from those described in the forward-looking statements in this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements whether resulting from new information future events or otherwise.

 

 

 

Exhibit 99.2

 

Altitude International Closes Merger with Breunich Holdings

 

PR Newswire

 

PORT ST. LUCIE, Fla., July 27, 2021

 

PORT ST. LUCIE, Fla., July 27, 2021 /PRNewswire/ — Altitude International Holdings, Inc (OTCQB: “ALTD”) has announced today the final closing of its Merger Agreement with Breunich Holdings, Inc (“BHI”). All seven former subsidiaries of BHI are now wholly owned subsidiaries of ALTD and are in the process of being renamed to reflect the new corporate structure and to enhance the name recognition and awareness of the Altitude brand.

 

Now all former BHI Academies will now be using the Altitude name. ALTD will be offering young student-athletes the opportunity to attend Altitude Soccer, Altitude Tennis, Altitude Volleyball, Altitude Golf, and ALTD’s newest Academy, Altitude Basketball. All Academies will soon feature ALTD’s custom built Altitude Chambers and position specific protocols, thereby guaranteeing the highest level of training for all attendees.

 

ALTD’s subsidiary, Trident Water, is being renamed Altitude Water as new Department of Defense orders continue to come in through ALTD’s strategic water partner, Russkap Holdings. Water machines being manufactured by “Altitude Water” are now being used by three of the four major branches of the US Military and have received extraordinary testimonials from the troops and officers here in the US and abroad. The Company hopes to release some of these to the public upon proper approvals. ALTD also hopes to take full advantage of the goodwill and great name being built throughout the Department of Defense by its “magic water machines” (as one Master Sergeant referred to them in an email to the Company) and has begun talks through Russkap and its military connections about implementing Simulated Altitude Training and ALTD’s Altitude Chambers into the standard training protocols for US troops.

 

“I want to express my deepest gratitude to everyone associated with the new ALTD who contributed to putting all these dynamic pieces in place,” said ALTD CEO Greg Breunich. “We have brought together an amazing array of sports, education and technology companies as we continue to grow our rapidly expanding Altitude brand. We have been blessed with a golden opportunity to impact people’s lives and well-being all over the world and we pledge to put forth all of our efforts as a people-first company to maximize that impact.”

 

SAFE HARBOR STATEMENT

 

This press release contains certain “forward-looking statements,” as defined in the United States Private Securities Litigation Reform Act of 1995, involving risks and uncertainties. There can be no assurance such statements will prove to be accurate and actual results and future events could differ materially from management’s current expectations. The economic, competitive, governmental, technological and other factors identified in the Company’s previous filings with the Securities and Exchange Commission may cause actual results or events to differ materially from those described in forward-looking statements in this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements whether result of new information future events or otherwise.