GenFlat Holdings Announces Board and Officer Changes

TL;DR

GenFlat Holdings (GENF) reshuffled its board and exec team on Nov 27. Expect strategic shifts.

AI Summary

On November 27, 2024, GenFlat Holdings, Inc. filed an 8-K report detailing changes in its board of directors and executive officers. The filing includes the election of new directors and the appointment of certain officers, along with information on compensatory arrangements. The company, formerly known as Healthcare Business Resources, Inc., is incorporated in Delaware and headquartered in Tooele, Utah.

Why It Matters

Changes in a company's board and executive team can signal shifts in strategy, governance, or operational focus, potentially impacting future performance and investor confidence.

Risk Assessment

Risk Level: medium — Changes in leadership and governance can introduce uncertainty and potential shifts in company direction, warranting closer monitoring.

Key Players & Entities

• GenFlat Holdings, Inc. (company) — Registrant
• Healthcare Business Resources, Inc. (company) — Former Company Name
• November 27, 2024 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of Incorporation
• Tooele, Utah (location) — Principal Executive Offices

FAQ

Key Financial Figures

• $150,000 — ident providing for an annual salary of $150,000 per year, which is paid in regular inst
• $205,000 — EO, Drew Hall, for a total principal of $205,000. The Company will pay 2.5% per annum, u
• $100,000 — ended June 30, 2024, the Company repaid $100,000. During the period ended September 30,
• $17,000 — Company received additional proceeds of $17,000 from Mr. Hall and repaid a total of $50
• $50,000 — 000 from Mr. Hall and repaid a total of $50,000 on the promissory note agreements. As o
• $105,000 — 2024, the balance owed on the note was $105,000 and $72,000, respectively. Accrued inte
• $72,000 — lance owed on the note was $105,000 and $72,000, respectively. Accrued interest on the
• $714 — vely. Accrued interest on the notes was $714 and $260 as of September 30, 2024 and J
• $260 — rued interest on the notes was $714 and $260 as of September 30, 2024 and June 30, 2
• $99,996 — d by Mr. Hall, for a total principal of $99,996. The Company will pay 2.5% per annum, u
• $424 — 9,996. Accrued interest on the note was $424 as of September 30, 2024. To the best

Filing Documents

• hbr_8k.htm (8-K) — 34KB
• hbr_ex102.htm (EX-10.2) — 10KB
• hbr_ex104.htm (EX-10.4) — 9KB
• hbr_ex104img5.jpg (GRAPHIC) — 3KB
• hbr_ex104img6.jpg (GRAPHIC) — 3KB
• hbr_ex102img4.jpg (GRAPHIC) — 3KB
• hbr_ex102img5.jpg (GRAPHIC) — 3KB
• hbr_ex102img3.jpg (GRAPHIC) — 3KB
• hbr_ex102img6.jpg (GRAPHIC) — 3KB
• 0001654954-24-014957.txt ( ) — 196KB
• hbr-20241127.xsd (EX-101.SCH) — 6KB
• hbr-20241127_lab.xml (EX-101.LAB) — 13KB
• hbr-20241127_cal.xml (EX-101.CAL) — 1KB
• hbr-20241127_pre.xml (EX-101.PRE) — 8KB
• hbr-20241127_def.xml (EX-101.DEF) — 2KB
• hbr_8k_htm.xml (XML) — 3KB

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 10.1 Employment Agreement - Garrett R. Hall dated 12/20/2023 Incorporated by reference to Company's Form 8-K filed on 12/27/2023 10.2 Employment Agreement Amendment - Garrett R. Hall dated 11/27/2024 Filed herewith 10.3 Employment Agreement - Joseph J. Maggio dated 12/20/2023 Incorporated by reference to Company's Form 8-K filed on 12/27/2023 10.4 Employment Agreement Amendment - Joseph J. Maggio dated 11/27/2024 Filed herewith Management contract or compensatory plan arrangement 3

SIGNATURES

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. GENFLAT HOLDINGS, INC. Dated: November 27, 2024 By: /s/ Drew D. Hall Name: Drew D. Hall Title: Chief Executive Officer and Chief Financial Officer 4

View Full Filing

View this 8-K filing on SEC EDGAR