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
January 7, 2016
Date of Report
(Date of Earliest Event Reported)
DIGITAL DONATIONS TECHNOLOGIES, INC.
(Exact Name of Registrant as Specified in its Charter)
FISHING RIDGE ACQUISITION CORPORATION
(Former Name of Registrant as Specified in its Charter)
Delaware 000-55483 47-4485832
(State or other (Commission File Number) (IRS Employer
jurisdiction Identification No.)
of incorporation)
68 South Service Road, Suite 100
Melville, New York 11747
(Address of principal executive offices) (zip code)
631-465-2163
(Registrant's telephone number, including area code
215 Apolena Avenue
Newport Beach, California 92662
(Former Address of Principal Executive Offices)
ITEM 3.02 Unregistered Sales of Equity Securities
On January 8, 2016 Digital Donations Technologies, Inc. (formerly
Fishing Ridge Acquisition Corporation) (the "Registrant" or the "Company")
issued 5,000,000 shares of its common stock pursuant to Section 4(2) of
the Securities Act of 1933 at par representing 94% of the total
outstanding 5,500,000 shares of common stock as follows:
2,500,000 Keith Orlean
2,500,000 Jeffrey Marder
With the issuance of the stock and the redemption of 19,500,000
shares of stock (discussed below), the Company effected a change in
its control and the new majority shareholder(s) elected new management
of the Company. The Company may develop its business plan by future
acquisitions or mergers but no agreements have been reached regarding
any acquisition or other business combination. The Company changed its
name as part of the change in control. If the Company makes any
acquisitions, mergers or other business combination, the Company will
file a Form 8-K but until such time the Company remains a shell
company.
ITEM 5.01 Changes in Control of Registrant
On January 7, 2016, the following events occurred which resulted
in a change of control of the Registrant:
1. The Registrant redeemed an aggregate of 19,500,000 of the
then 20,000,000 shares of outstanding stock at a redemption price
of $.0001 per share for an aggregate redemption price of $1,950.
2. The then current officers and directors resigned.
3. New officer(s) and director(s) were appointed and elected.
The disclosure required by Item 5.01(a)(8) of Form 8-K was previously
filed with the Securities and Exchange Commission on Form 10-12G filed
on July 28, 2015 as amended and supplemented by the information contained
in this report.
The Registrant intends, through a business combination with a private
company or through other methods, to participate develop and distribute
creative and innovative fund raising technology and provide payment
processing solutions connecting charities and foundations with the
consumer and corporate America. The Registrant anticipates developing
fund raising solutions that will change the way charities and
foundations reach donors. The Registrant perceives that through
the process of integrating a donation request as part of a financial
transaction, retailers, e-tailers, ATM owners and service providers
will have the ability to create new, or enhance existing, cause
marketing program.
ITEM 5.02 Departure of Directors or Principal Officers;
Election of Directors
On January 7, 2016 the following events occurred:
James M. Cassidy resigned as the Registrant's president, treasurer,
secretary and director.
James McKillop resigned as the Registrant's vice president and
director.
Keith Orlean and Jeffrey Marder were named directors of the
Registrant.
Keith Orlean was named Chief Executive Officer and Treasurer
of the Registrant.
Jeffrey Marder was named President of the Registrant.
Keith Orlean serves as a director and officer of the Registrant.
Mr. Orlean has more than 20 years experience in sales, marketing and
business development in the electronic payments and financial services
industry. He is the president of Digital Donations, Inc. focusing
specifically on new product development and relationships with payment
processors, independent sales organizations and other industry resources.
Mr. Orlean was instrumental in the development of products and services
such as private label rewards and loyalty programs increasing customer
loyalty and reduce attrition. Mr. Orlean developed the Digital Donations
platform which includes a rewards component to drive donor participation.
This alternative method of collecting and delivering donations to
charities and foundations allows retailers, e-commerce businesses and
ATM owners to develop a cause marketing strategy by integrating
fundraising technology at the point of transaction. His extensive
relationships with major payment processors and software developers
has been critical in the development and growth of the Digital
Donations platform.
Jeffrey Marder serves as a director and officer of the Registrant.
Mr. Marder is the chief executive officer of Digital Donations, Inc.
He developed the Digital Donations technology platform and is
responsible for setting corporate strategy, driving revenue,
structuring, negotiating and executing strategic agreements, while
maintaining the company's key relationships with market partners
and non-profits on a day to day basis. Mr. Marder was asked to
contribute and sit on the committee of ARTS (Association Retail
Technology Standards) a division of the National Retail Federation
to assist in creating a new standard to be used at the retail
point of sale, by POS distributors and software developers.
This Standard was released in November 2013 and was made available
to retailers of big box stores allowing them to support charities
nationwide or on a local, regional basis. Prior to joining Digital
Donations, Mr. Marder spent 16 years at a global full service media
and financial trading company located in New York. His positions
at that firm included vice president of Business Development, where
he led a team of executives responsible for nationwide new business
sales and lead generation. The team concentrated on developing C-Suite
relationships with fortune 500 / 1000 companies, The New Business team
consummated 37mm in new business deals under his direction and
leadership for several consecutive years. He also was responsible for
training domestic and international sales associates and managing
directors. Mr. Marder has received numerous business accolades
including receiving the company's most valuable contributor award
in 2004. Mr. Marder was also responsible for developing and executing
a new sales strategy for the global hospitality industry that leveraged
the company's trading model to supply products and services to major
hotel brands, including MGM Resorts International, Marriott, Hilton,
Omni and others.
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 hereunder duly authorized.
DIGITAL DONATIONS TECHNOLOGIES, INC.
Date: January 8, 2016
/s/ Keith Orlean
Chief Executive Office
