2 unchanged sentences
MINE SAFETY DISCLOSURE
−Removed: MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
−Removed: Company’s Common Stock is currently quoted on the OTCQB under the symbol MOJO.
−Removed: the period January 1, 2021 to September 30, 2022, the following table sets forth the high and low closing bid prices by quarter, based
−Removed: upon information obtained from inter-dealer quotations without retail markup, markdown, or commission and may not necessarily represent
−Removed: actual transactions:
−Removed: Third Quarter 2022
−Removed: Second Quarter 2022
+Added: MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
+Added: Company’s Common Stock is currently quoted on the OTCQB under the symbol MOJO.
+Added: the period January 1, 2022 to March 31, 2023, the following table sets forth the high and low closing bid prices by quarter, based upon
+Added: information obtained from inter-dealer quotations without retail markup, markdown, or commission and may not necessarily represent actual
+Added: transactions:
First Quarter 2023
3 unchanged sentences
First Quarter 2022
−Removed: weighted average price
−Removed: of September 30, 2022, there were 15,917,115 shares issued and outstanding.
+Added: *Volume-weighted
+Added: average price (VWAP)
+Added: of March 31, 2023, there were 16,469,115 shares issued and outstanding.
There were 907 shareholders of record.
3 unchanged sentences
Sales of Unregistered Securities, Use of Proceeds from Registered Securities
−Removed: were no sales of unregistered securities during the three months ended September 30, 2022 and 2021.
+Added: were no sales of unregistered securities during the three months ended March 31, 2023 and 2022.
Purchases of Equity Securities
−Removed: the nine months ended September 30, 2022, the Company repurchased 830,342 shares of EQUATOR Restricted Common Stock from shareholders
−Removed: at a total cost of $193,187.
−Removed: The shares were cancelled.
the year ended December 31, 2022, the Company repurchased 830,342 shares of EQUATOR Restricted Common Stock from shareholders at a total
15 unchanged sentences
His accomplishments included growing revenues from a base at $4 million to over $160 million
−Removed: The company was awarded “Bottler of the Year”
−Removed: by The Coca-Cola Company for two consecutive years under his leadership
+Added: The company was awarded “Bottler of the Year” by The Coca-Cola Company for two consecutive years under his leadership
based upon product quality and revenue growth.
6 unchanged sentences
development experience.
−Removed: Devlin currently serves as Chief Marketing Officer –
−Removed: Government, Advertising and Commerce at Deloitte
+Added: Devlin currently serves as Chief Marketing Officer – Government, Advertising and Commerce at Deloitte
Consulting LLP.
4 unchanged sentences
Devlin received
−Removed: a Bachelor’s degree from Bethel University.
+Added: a Bachelor’s degree from Bethel University.
Company has not established any committees of the Board of Directors.
12 unchanged sentences
holders have made any such recommendations.
−Removed: have adopted a written code of ethics (the “Code of Ethics”) that applies to our principal executive officer, principal financial
+Added: have adopted a written code of ethics (the “Code of Ethics”) that applies to our principal executive officer, principal financial
officer, principal accounting officer or controller, and persons performing similar functions.
20 unchanged sentences
under SEC rules).
−Removed: Name and Principal Position
−Removed: Glenn Simpson, Chairman & CEO
−Removed: $ 106,022 (1)
−Removed: $ 142,552 (2)
−Removed: to his employment agreement (the “Amended Simpson Agreement”) amended September
−Removed: Simpson is paid a salary of $8,000 per month in cash and the Company is obligated
+Added: and Principal Position
+Added: Simpson, Chairman & CEO
+Added: Simpson’s employment agreement (the “Amended Simpson Agreement”) amended September 1, 2022, Mr.
+Added: is paid a salary of $8,000 per month in cash and the Company is obligated to grant Mr.
+Added: Simpson 67,000 shares of non-trading, restricted
+Added: Common Stock per month.
+Added: Pursuant to this agreement, Mr.
+Added: Simpson is also entitled to an annual bonus comprised of cash and non-trading,
+Added: restricted Common shares based on performance goals established by the Board of Directors of the Company.
+Added: The cash bonus is established
+Added: at $44,400 per year.
+Added: The stock bonus is set at 200,000 shares of non-trading, restricted Common Stock per year through March 31,
+Added: Simpson’s employment agreement (the “Simpson Agreement”), Mr.
+Added: Simpson is paid a salary of $5,000 per month
+Added: in cash and the Company is obligated to grant Mr.
Simpson 33,500 shares of non-trading, restricted Common Stock per month.
to this agreement, Mr.
−Removed: Simpson is also entitled to an annual bonus comprised of cash and
−Removed: non-trading, restricted Common shares based on performance goals established by the Board
−Removed: of Directors of the Company.
−Removed: The cash bonus is established at $44,400 per year.
−Removed: bonus is set at 100,000 shares of non-trading, restricted Common Stock per year through March
−Removed: to his employment agreement (the “Simpson Agreement”), Mr.
−Removed: Simpson is paid a
−Removed: salary of $5,000 per month in cash and the Company is obligated to grant Mr.
−Removed: Simpson 33,500
−Removed: shares of non-trading, restricted Common Stock per month.
−Removed: Pursuant to this agreement, Mr.
−Removed: Simpson is also entitled to an annual bonus comprised of cash and non-trading, restricted
−Removed: Common shares based on performance goals established by the Board of Directors of the Company.
+Added: Simpson is also entitled to an annual bonus comprised of cash and non-trading, restricted Common shares based
+Added: on performance goals established by the Board of Directors of the Company.
The cash bonus is established at $44,400 per year.
−Removed: The stock bonus is set at 100,000 shares
−Removed: of non-trading, restricted Common Stock per year through March 31, 2025.
−Removed: the nine months ended September 30, 2022, 402,000 shares of Non-trading, Restricted Common Stock were issued to Mr.
+Added: stock bonus is set at 100,000 shares of non-trading, restricted Common Stock per year through March 31, 2025.
+Added: the three months ended March 31, 2023, 201,000 shares of Non-trading, Restricted Common Stock were issued to Mr.
Simpson for the stock
portion of his compensation.
+Added: the three months ended March 31, 2022, 100,500 shares of Non-trading, Restricted Common Stock were issued to Mr.
+Added: Simpson for the stock
+Added: portion of his compensation.
Simpson was also issued 350,000 shares of Non-Trading Restricted Common Stock as a one-time stock award.
−Removed: the nine months ended September 30, 2021, 201,000 shares of Non-trading, Restricted Common Stock were issued to the Mr.
−Removed: Simpson for the
−Removed: stock portion of his compensation.
−Removed: During the year 2021, Mr.
−Removed: Simpson exercised stock options to purchase 93,750 non-trading, restricted
−Removed: shares for a total exercise price of $30,000.
−Removed: This reduced the accrued salary owed to him.
−Removed: Option Awards at June 30
−Removed: following table sets forth information regarding stock options held by executive officers at September 30.
−Removed: Option awards
+Added: Option Awards at March 31
+Added: following table sets forth information regarding stock options held by executive officers at March 31.
+Added: As of March 31,
+Added: Shares underlying options outstanding
Glenn Simpson
1 unchanged sentence
Simpson from $0.32 per share to $0.16 per share.
−Removed: September 24, 2021, the Company extended the expiration date of the options granted to Mr.
−Removed: Simpson from expiring an April 6, 2022 to
−Removed: April 6, 2024.
Exercises in 2023 and 2022
3 unchanged sentences
value was $25,449.
−Removed: May 19, 2021, Mr.
−Removed: Simpson exercised options to purchase 46,875 Restricted and Non-Trading shares at $0.32 per share.
−Removed: The total exercise
−Removed: value was $15,000 and this reduced the accrued salary payable to Mr.
−Removed: Simpson to $0.
−Removed: March 24, 2021, Mr.
−Removed: Simpson exercised options to purchase 46,875 Restricted and Non-Trading shares at $0.32 per share.
−Removed: The total exercise
−Removed: value was $15,000 and this reduced the accrued salary payable to Mr.
−Removed: Simpson to $0.
non-employee director did not receive cash compensation for serving as such, for serving on committees (if any) of the Board of Directors
2 unchanged sentences
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS
−Removed: following table sets forth information with respect to the beneficial ownership of our Common Stock known by us as of September 30, 2022
−Removed: each director;
−Removed: each named executive officer;
−Removed: all directors and executive
−Removed: officers as a group.
+Added: following table sets forth information with respect to the beneficial ownership of our Common Stock known by us as of March 31, 2023
+Added: named executive officer;
+Added: directors and executive officers as a group.
as otherwise indicated, the persons listed below have sole voting and investment power with respect to all shares of our Common Stock
owned by them, except to the extent such power may be shared with a spouse.
−Removed: Common Stock (1)
+Added: Stock Percent
Glenn Simpson
2 unchanged sentences
Jeffrey Devlin
−Removed: All Officers and Directors as a group (3 persons)
−Removed: Beneficial ownership is
−Removed: determined in accordance with the rules of the SEC and generally includes voting or investment power with respect to securities.
−Removed: Shares of Common Stock subject to options currently exercisable or convertible, or exercisable or convertible within 60 days of September
−Removed: 30, 2022 are deemed outstanding for computing the percentage of the person holding such option but are not deemed outstanding for
−Removed: computing the percentage of any other person.
+Added: All Officers and Directors
Statement Schedules
18 unchanged sentences
Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
−Removed: Inline XBRL Instance Document
−Removed: Inline XBRL Taxonomy Extension Schema Document
−Removed: Inline XBRL Taxonomy Extension Calculation Linkbase
−Removed: Inline XBRL Taxonomy Extension Definition Linkbase
−Removed: Inline XBRL Taxonomy Extension Label Linkbase Document
−Removed: Inline XBRL Taxonomy Extension Presentation Linkbase
−Removed: Cover Page Interactive Data File (embedded within the
−Removed: Inline XBRL document)
−Removed: Incorporated by reference
−Removed: to the Registrant’s Current Report on Form 8-K as an exhibit, numbered as indicated above, filed with the Securities and Exchange
−Removed: Commission (the “SEC”) on May 18, 2011.
−Removed: Incorporated by reference
−Removed: to the Registrant’s Registration Statement on Form SB-2 as an exhibit, numbered as indicated above, filed with the SEC on December
−Removed: Incorporated by reference
−Removed: to the Registrant’s Current Report on Form 8-K as an exhibit, numbered as indicated above, filed with the SEC on May 4, 2011.
−Removed: Incorporated by reference
−Removed: to the Registrant’s Current Report on Form 8-K as an exhibit, numbered as indicated above, filed with the SEC on January 4,
−Removed: Incorporated by reference
−Removed: to the Registrant’s Current Report on Form 8-K as an exhibit, numbered as indicated above, filed with the SEC on October 31,
−Removed: Incorporated by reference
−Removed: to the Registrant’s Current Report on Form 8-K as an exhibit, numbered as indicated above, filed with the SEC on April 2, 2013.
−Removed: Incorporated by reference
−Removed: to the Registrant’s Current Report on Form 8-K as an exhibit, numbered as indicated above, filed with the SEC on February 1,
−Removed: Incorporated by reference
−Removed: to the Registrant’s Current Report on Form 10-K as an exhibit, numbered as indicated above, filed with the SEC on September
−Removed: Incorporated by reference
−Removed: to the Registrant’s Current Report on Form 8-K as an exhibit, numbered as indicated above, filed with the SEC on October 23,
−Removed: Incorporated by reference
−Removed: to the Registrant’s Current Report on Form 8-K as an exhibit, numbered as indicated above, filed with the SEC on July 1, 2021.
−Removed: Incorporated by reference
−Removed: to the Registrant’s Current Report on Form 8-K as an exhibit, numbered as indicated above, filed with the SEC on July 20, 2022.
+Added: XBRL Instance Document
+Added: XBRL Taxonomy Extension Schema Document
+Added: XBRL Taxonomy Extension Calculation Linkbase Document
+Added: XBRL Taxonomy Extension Definition Linkbase Document
+Added: XBRL Taxonomy Extension Label Linkbase Document
+Added: XBRL Taxonomy Extension Presentation Linkbase Document
+Added: Page Interactive Data File (embedded within the Inline XBRL document)
+Added: by reference to the Registrant’s Current Report on Form 8-K as an exhibit, numbered as indicated above, filed with the Securities
+Added: and Exchange Commission (the “SEC”) on May 18, 2011.
+Added: by reference to the Registrant’s Registration Statement on Form SB-2 as an exhibit, numbered as indicated above, filed with
+Added: the SEC on December 19, 2007.
+Added: by reference to the Registrant’s Current Report on Form 8-K as an exhibit, numbered as indicated above, filed with the SEC
+Added: on May 4, 2011.
+Added: by reference to the Registrant’s Current Report on Form 8-K as an exhibit, numbered as indicated above, filed with the SEC
+Added: on January 4, 2012.
+Added: by reference to the Registrant’s Current Report on Form 8-K as an exhibit, numbered as indicated above, filed with the SEC
+Added: on October 31, 2011.
+Added: by reference to the Registrant’s Current Report on Form 8-K as an exhibit, numbered as indicated above, filed with the SEC
+Added: on April 2, 2013.
+Added: by reference to the Registrant’s Current Report on Form 8-K as an exhibit, numbered as indicated above, filed with the SEC
+Added: on February 1, 2013.
+Added: by reference to the Registrant’s Current Report on Form 10-K as an exhibit, numbered as indicated above, filed with the SEC
+Added: on September 24, 2013.
+Added: by reference to the Registrant’s Current Report on Form 8-K as an exhibit, numbered as indicated above, filed with the SEC
+Added: on October 23, 2015.
+Added: by reference to the Registrant’s Current Report on Form 8-K as an exhibit, numbered as indicated above, filed with the SEC
+Added: on July 1, 2021.
+Added: by reference to the Registrant’s Current Report on Form 8-K as an exhibit, numbered as indicated above, filed with the SEC
+Added: on July 20, 2022.
accordance with the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed
on its behalf by the undersigned, thereunto duly authorized.
−Removed: EQUATOR BEVERAGE COMPANY
−Removed: October 11, 2022
+Added: BEVERAGE COMPANY
+Added: April 24, 2023
Glenn Simpson
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.