ARMT Ameri Metro Inc (CE)

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 (date of earliest event reported): August 4, 2023

 

AMERI METRO, INC.

(Exact Name of Registrant as Specified in its Charter)

 

Delaware		000-54546		45-1877342
(State of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

 

2575 Eastern Blvd., Suite 102, York, PA 17402

(Address of principal executive offices)

 

717-434-0668

 (Registrant's telephone number, including area code)

 

N/A

(Former Name or former address if changed from last report.)

  

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 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-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).

 

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. ☐

 

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		ARMT		N/A

 

 

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

 

In the interest of full transparency, Robert Todd Reynold resigned as Director and as Chief Risk Officer on July 24, 2023, of Global Infrastructure Finance & Development Authority, Inc. (the “Company”), in order to undertake other responsibilities within the firm. Prior to such resignations, the Company had no disagreements with Mr. Reynold regarding the reporting or operations of the Company.

 

Also effective July 24, 2023 Mr. Chris J. Quick, CPA, CFF was named Chief Risk Officer of the Company, succeeding Mr. Reynold. Since its founding in 2016, Mr. Quick has been the Chief Operating Officer of Quick Group, LLC, an investigative, forensic accounting, and security consulting firm based in South Carolina. Mr. Quick and Quick Group has provided and conducted extensive financial, accounting, and due diligence investigations in civil and criminal matters to include corporate and financial institutional fraud. Prior to Quick Group, Mr. Quick had a 26-year career with the Federal Bureau of Investigation (FBI) as a Special Agent conducting investigations ranging from securities, investment, corporate accounting, bank, insurance, and healthcare fraud cases and money laundering investigations. Prior to the FBI, he was a Special Agent with the Internal Revenue Service-Criminal Investigation Division in Miami, Florida where he investigated tax evasion and money laundering crimes. Quick is a licensed Certified Public Accountant (CPA) (Missouri) and Certified in Financial Forensics (CFF). He obtained his accounting degree from Arkansas State University in 1983.

 

Effective July 24, 2023 Mr. James Kingsborough was appointed a Director of the Company, succeeding Mr. Reynold in that capacity. Until his appointment, Mr. Kingsborough was one of the original Directors of Ameri Metro, Inc. with his tenure starting in May 2014. A graduate of Shippensburg University, Mr. Kingsborough has extensive experience in the aviation and construction industries. He currently operates Kingsborough & Associates, a business representing several companies in the building and construction industry.  Mr. Kingsborough is also a partner in Business Airport of Carlisle, Inc., a privately owned, public use airport in central Pennsylvania.

 

9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

99.1	July 24, 2023 Letter of Resignation
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

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.

 

August 7, 2023

 

Global Infrastructure Finance and Development Authority, Inc.
/s/ Robert Choiniere
By:	Robert Choiniere
Title:	Chief Executive Officer

 

Ameri Metro, Inc.

 

/s/ Shah Mathias
By:	Shah Mathias
Title:	Chief Executive Officer

 

 

EXHIBIT INDEX

 

Exhibit No.		Document Description
99.1		July 24, 2023 Letter of Resignation
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

3

Exhibit 99.1

 

Global Infrastructure Finance & Development Authority, Inc.

 

July 24, 2023

 

Mr. Robert Choiniere, CEO

 

2575 Eastern Blvd

Suite 103

York Pa 17402

 

Re:

Taking on additional assignments for the company resigning from Board of Directors

 

Dear Mr. Choiniere:

 

I have chosen to take another position within the Company, therefore, I respectfully resign from this position as member of the Board of Directors.

 

I believe I can serve in the best interest of the Company by taking the new position. Should you have any need during this transition please don’t hesitate to let me know.

 

Sincerely,

 

Robert Todd Reynold

 

Global Infrastructure Finance & Development Authority Inc.

 

Global Infrastructure Finance & Development Authority, Inc. 2575 Eastern Blvd. York, PA 17402

 

717-318-9281 – Main # 717- 318-9281 FAX 717-751-2400 www.GIFDA.com

 

v3.23.2

Cover	Aug. 04, 2023
Cover [Abstract]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Aug. 04, 2023
Entity File Number	000-54546
Entity Registrant Name	AMERI METRO, INC.
Entity Central Index Key	0001534155
Entity Tax Identification Number	45-1877342
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	2575 Eastern Blvd.
Entity Address, Address Line Two	Suite 102
Entity Address, City or Town	York
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	17402
City Area Code	717
Local Phone Number	434-0668
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false

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