Business Context and Reporting Period
This Form 8-K was filed by Thumzup Media Corporation (not Datacentrex, Inc.) on June 7, 2022, reporting events occurring on June 1, 2022. The company is incorporated in Nevada and is classified as an emerging growth company.
Key Financial Metrics
The filing does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on corporate governance changes.
Material Changes
The primary material change reported is the appointment of Robert Haag as a director of the Company on June 1, 2022.
- Background: Mr. Haag is the Managing Member of Westside Strategic Partners LLC and Managing Director of IRTH Communications, LLC.
- Investment History: Westside Strategic Partners LLC has invested an aggregate of $125,000 in the Company, comprising 58,334 shares of common stock and a $50,000 convertible note.
- Compensation: Mr. Haag will receive $1,000 per quarter for his services as a director.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on operations, or discussion of risks and contingencies. It confirms no other arrangements or understandings exist regarding Mr. Haag's appointment and no reportable transactions under Item 404(a) of Regulation S-K since the beginning of the last fiscal year.
Investor Verification Checklist
- Verify the correct registrant name is Thumzup Media Corporation, not Datacentrex, Inc.
- Confirm the total investment amount of $125,000 by Westside Strategic Partners LLC (58,334 shares + $50,000 note).
- Review the quarterly director compensation of $1,000 for Robert Haag.
- Check for any subsequent filings regarding the convertible note or share issuance details.