Voluntary Petition For Non-Individuals Filing For Bankruptcy
Voluntary Petition For Non-Individuals Filing For Bankruptcy
Voluntary Petition For Non-Individuals Filing For Bankruptcy
DISTRICT OF NEVADA
3. Debtor's federal
Employer Identification 30-0828224
Number (EIN)
4. Debtor's address Principal place of business Mailing address, if different from principal place of
business
6. Type of debtor Corporation (including Limited Liability Company (LLC) and Limited Liability Partnership (LLP))
Partnership (excluding LLP)
Other. Specify:
Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 1
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Debtor Vitalibis, Inc. Case number (if known)
Name
C. NAICS (North American Industry Classification System) 4-digit code that best describes debtor.
See http://www.uscourts.gov/four-digit-national-association-naics-codes.
Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 2
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Debtor Vitalibis, Inc. Case number (if known)
Name
Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 3
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Official Form 201A (12/15)
[If debtor is required to file periodic reports (e.g. forms 10K and 10Q) with the Securities and Exchange Commission pursuant to
Section 13 or 15(d) of the Securities Exchange Act of 1934 and is requesting relief under chapter 11 of the Bankruptcy Code, this
Exhibit "A" shall be completed and attached to the petition.]
2. The following financial data is the latest available information and refers to the debtor's condition on 3/31/20 .
4. List the name of any person who directly or indirectly owns, controls, or holds, with power to vote, 5% or more of the voting
securities of debtor:
Steven J. Raack; Thomas J. Raack; B.L.U.E. Stone Ltd.
Official Form 201A Attachment to Voluntary Petition for Non-Individuals Filing for Bankruptcy under Chapter 11
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CERTIFICATE OF RESOLUTIONS
OF THE BOARD OF DIRECTORS OT'
VITALIBIS.INC.
2. I hereby certify that the resolutions set forth below were adopted by the board of
directors of the Corporation at a special meeting of the Board of Directors of the Corporation
held on June 12, 2020, and that such resolutions remain in full force and effect:
RESOLVED, that the Authorized Officers of the Corporation be, and each
of them hereby is, authorized and directed, for and on behalf of the Corporation to
take or cause to be taken any and all actions, in compliance with applicable law,
which the Authorized Officer taking such action(s) may deem necessary or
appropriate to communicate the position of this Board, as set forth in the
foregoing resolutions, to the Corporation's stockholders; and be it further
RESOLVED, that the Authorized Officers be, and each of them hereby is,
authorized and empowered for and in the name and on behalf of the Corporation
Case 20-12865-abl Doc 1 Entered 06/15/20 15:17:46 Page 7 of 15
to amend, supplement or otherwise modifu from time to time the terms of any
documents, certificates, instruments, agreements or other writings referred to in
the foregoing resolutions; and be it further
RESOLVED, that the Authorized Offrcers be, and each of them hereby is,
authorized, in the name and on behalf of the Corporation to take or cause to be
executed or delivered all such further agreements, documents, certificates and
undertakings, and to incur all such fees and expenses as in their judgment shall be
necessary, appropriate or advisable to effectuate the purpose and intent of any and
all of the foregoing resolutions; and be it further
RESOLVED that all acts lawfully done or actions lawfully taken by any
Authorized Officer to seek relief on behalf of the Corporation under chapter 11 of
the Bankruptcy Code, or in connection with the chapter 11 case, or any matter
related thereto, be and hereby are, adopted, ratified, confirmed and approved in all
respects as the acts and deeds of the Corporation.
THOMAS J. RAACK,
as Secretary of VITALIBIS,INC.
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A list of creditors holding the 20 largest unsecured claims must be filed in a Chapter 11 or Chapter 9 case. Include claims which the
debtor disputes. Do not include claims by any person or entity who is an insider, as defined in 11 U.S.C. § 101(31). Also, do not
include claims by secured creditors, unless the unsecured claim resulting from inadequate collateral value places the creditor
among the holders of the 20 largest unsecured claims.
Name of creditor and Name, telephone number Nature of claim Indicate if claim Amount of claim
complete mailing address, and email address of (for example, trade is contingent, If the claim is fully unsecured, fill in only unsecured claim amount. If
including zip code creditor contact debts, bank loans, unliquidated, or claim is partially secured, fill in total claim amount and deduction for
professional services, disputed value of collateral or setoff to calculate unsecured claim.
and government Total claim, if Deduction for value Unsecured claim
contracts) partially secured of collateral or setoff
Triton Funds LP March 29, 2019 Contingent $918,610.00
Attn: Ashkan Mapar tritonfundsllc@gmail. unsecured Unliquidated
8910 University com convertible Disputed
Center promissory note;
San Diego, CA 92122 exercised $50,000
in 2019 and
$68,000 in Q1 2020
Platinum Point Capital Unsecured Contingent $110,000.00
LLC convertible Unliquidated
Attn: Bankrupcy promissory note Disputed
Dep't/Managing dated Decemmber
Agent 10, 2019
211 E. 43rd St., Suite
626
New York, NY 10003
Power Up Lending Unsecured Contingent $78,000.00
Group, Ltd. convertible Unliquidated
Attn: Curt Kramer, promissory notes Disputed
CEO dated September 6,
111 Great Neck 2019, November
Road, Suite 214 25, 2019, and
Great Neck, NY February 7, 2020
11021
FirstFire Global November 25, 2019 Contingent $74,644.00
Opportunities Fund unsecured Unliquidated
LLC convertible Disputed
Attn: Bankrutpcy promissory note
Dep't/Managing
Agent
1040 First Ave, Suite
190
New York, NY 10022
Official form 204 Chapter 11 or Chapter 9 Cases: List of Creditors Who Have the 20 Largest Unsecured claims page 1
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Case 20-12865-abl Doc 1 Entered 06/15/20 15:17:46 Page 9 of 15
Name of creditor and Name, telephone number Nature of claim Indicate if claim Amount of claim
complete mailing address, and email address of (for example, trade is contingent, If the claim is fully unsecured, fill in only unsecured claim amount. If
including zip code creditor contact debts, bank loans, unliquidated, or claim is partially secured, fill in total claim amount and deduction for
professional services, disputed value of collateral or setoff to calculate unsecured claim.
and government Total claim, if Deduction for value Unsecured claim
contracts) partially secured of collateral or setoff
U.S. Small Business Business loan $68,400.00
Administration
Attn: Bankruptcy
Dept/Managing Agent
409 3rd St., W
Washington, DC
20416
Official form 204 Chapter 11 or Chapter 9 Cases: List of Creditors Who Have the 20 Largest Unsecured claims page 2
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DEPT. OF EMPL, TRAINING & REHAB NEVADA DEPT. OF TAXATION SOCIAL SECURITY ADMINISTRATION
EMPLOYMENT SECURITY DIVISION BANKRUPTCY SECTION ATTN: BANKRUPTCY/MANAGING AGENT
500 EAST THIRD STREET 555 E. WASHINGTON AVENUE #1300 PO BOX 33021
CARSON CITY, NV 89713 LAS VEGAS, NV 89101 BALTIMORE, MD 21290-3021
DAVE WENTZ
DAVID HARPER DCKAP, INC.
C/O THE DAVE WENTZ FAMILY TRUST
1366 ROSE AVENUE 42840 CHRISTY ST., SUITE 230
3003 WEDGE CIRCLE
VENICE, CA 90291 FREMONT, CA 94538
PARK CITY, UT 84098
TRITON FUNDS LP
STEVEN P. RAACK THOMAS J. RAACK
ATTN: ASHKAN MAPAR
P.O. BOX 7302 5864 COMPASS DR.
8910 UNIVERSITY CENTER
NEWPORT BEACH, CA 92658 LOS ANGELES, CA 90045
SAN DIEGO, CA 92122
INDEGLIA, P.C.
GREGORY CHAMBERS ATTN: MARC A. INDEGLIA, ESQ.
2 BELAIRE LAGUNA 13274 FIJI WAY
NIGUEL, CA 92677 MARINA DEL REY, CA 90292
ORAN ARAZI-GAMLIEL
NAIDICH WURMAN, LLP NICHOLAS BOYNTON
24 LILIENBLUM STREET
111 GREAT BECK RD., SUTE 214 9090 E. MOHAWK LANE
HADERA, ISRAEL
GREAT NECK, NY 11021 SCOTTSDALE, AZ 85255
22-3842780
TRITON FUNDS LP
THE DAVE WENTZ FAMILY TRUST C/O HARVARD BUSINESS SERVICES, INC. U.S. SECURITIES & EXCHANGE COMM'N
3003 WEDGE CIRCLE AS REGISTERED AGENT 5670 WILSHIRE BLVD., STE. 1100
PARK CITY, UT 84098 16192 COASTAL HWY. LOS ANGELES, CA 90036
LEWES, DE 19958
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SHAREHOLDERS
AARON OLIVER
ADAM D GOLDBERG AMANDA SANDERS
555 PAULARINO AVENUE, J204
1067 LAS PULGAS ROAD 5703 SECRET CREEK DRIVE
COSTA MESA, CA 92696
PACIFIC PALISADES, CA 90272 ROCKLIN, CA 95677
THE 2003 THOMAS EDWARD THE DAVE WENTZ FAMILY TRUST THOMAS ANDREW KUSTRA
NOLAN REVOCABLE TRUST 3003 WEDGE CIRCLE 6771 WARNER AVENUE, #4316
2289 VIA PUERTA, UNIT O PARK CITY, UT 84098 HUNTINGTON BEACH, CA 92605
LAGUANA WOODS, CA 92637