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SEC Comment Letter for Kaival Brands Innovations Group, Inc. (KAVL) (CIK 0001762239) (KAVL) — Feb 13, 2019

Kaival Brands Innovations Group, Inc. (KAVL) (CIK 0001762239)
Date: Feb. 13, 2019 · CIK: 0001762239 · Accession: 0000000000-19-002178

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File numbers found in text: 000-56016

Date
February 13, 2019
Author
James Giugliano
Form
UPLOAD
Company
Kaival Brands Innovations Group, Inc. (KAVL) (CIK 0001762239)

Letter

February 13, 2019 Paul Moody Chief Executive Officer Quick Start Holdings, Inc. 780 Reservoir Avenue, #123 Cranston, RI 02910 Re:Quick Start Holdings, Inc. Registration Statement on Form 10-12G Filed January 10, 2019 File No. 000-56016 Dear Mr. Moody: We have reviewed your filing and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to these comments within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response. After reviewing your response and any amendment you may file in response to these comments, we may have additional comments. Registration Statement on Form 10-12G Directors and Executive Officers Prior and Current Blank Check Company Experience, page 9 1.We note that Paul Moody and/or Jeffrey DeNunzio are or were also executives, directors and/or significant shareholders of other public blank check and shell companies such as, Fast Lane Holdings, Inc., NL One Corporation, and Stemcell Holdings, Inc. Please disclose your promoters' prior performance history with such registrants, including the following:

•The registrant’s name; •The initial filing date; •Your promoters' relationship with the registrant; •Whether the registrant has engaged in a business combination;

FirstName LastNamePaul Moody Comapany NameQuick Start Holdings, Inc. February 13, 2019 Page 2 FirstName LastNamePaul Moody Quick Start Holdings, Inc. February 13, 2019 Page 2 •Whether the registrant registered any offerings under the Securities Act; and •Whether any transaction resulted in termination of your promoters’ association with any blank check or shell company, including the date of such transaction, the nature and dollar amount of any consideration received, the amount of any retained equity interest, and the identity of any successor entity. Certain Relationships and Related Transactions, and Director Independence, page 12 2.Please state the names of your promoters. We note your disclosure on page F-7 that Jeff DeNunzio received founder shares. See Item 404(c)(1)(i) of Regulation S-K and the definition of promoter in Rule 12b-2. Also disclose the company´s transactions with any promoter. For example, we note your disclosure on page F-10 that Paul Moody paid expenses on behalf of the company totaling $1,376 as of October 31, 2018. See Item 404(d) of Regulation S-K. Market Price of and Dividends on the Registrant's Common Equity and Related Stockholder Matters, page 12 3.Please clarify, if true, that your common stock is quoted on the Pink market. Description of Registrant's Securities to be Registered, page 13 4.We note that your amended and restated certificate of incorporation identifies the Court of Chancery of the State of Delaware as the exclusive forum for certain litigation, including any “derivative action.” Please disclose this provision in the filing, as well as whether this provision applies solely to state law claims. If it does not apply solely to state law claims, then please note that that Section 27 of the Exchange Act creates exclusive federal jurisdiction over all suits brought to enforce any duty or liability created by the Exchange Act or the rules and regulations thereunder and Section 22 of the Securities Act creates concurrent jurisdiction for federal and state courts over all suits brought to enforce any duty or liability created by the Securities Act or the rules and regulations thereunder. If this provision is intended to apply solely to state law claims, please also ensure that the exclusive forum provision in the amended and restated certificate of incorporation states this clearly. Exhibits 5.Please file your bylaws as an exhibit. See Item 15(b) of Form 10 and Item 601(b)(3)(ii) of Regulation S-K. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff.

FirstName LastNamePaul Moody Comapany NameQuick Start Holdings, Inc. February 13, 2019 Page 3 FirstName LastName Paul Moody Quick Start Holdings, Inc. February 13, 2019 Page 3 You may contact James Giugliano at 202-551-3319 or Craig Arakawa at 202-551-3650 if you have questions regarding comments on the financial statements and related matters. Please contact Ronald Alper at 202-551-3329 or Brigitte Lippmann at 202-551-3713 with any other questions. Sincerely, Division of Corporation Finance Office of Beverages, Apparel and Mining

Show Raw Text
February 13, 2019
Paul Moody
Chief Executive Officer
Quick Start Holdings, Inc.
780 Reservoir Avenue, #123
Cranston, RI 02910
Re:Quick Start Holdings, Inc.
Registration Statement on Form 10-12G
Filed January 10, 2019
File No. 000-56016
Dear Mr. Moody:
            We have reviewed your filing and have the following comments.  In some of our
comments, we may ask you to provide us with information so we may better understand your
disclosure.
            Please respond to these comments within ten business days by providing the requested
information or advise us as soon as possible when you will respond.  If you do not believe our
comments apply to your facts and circumstances, please tell us why in your response.
            After reviewing your response and any amendment you may file in response to these
comments, we may have additional comments.
Registration Statement on Form 10-12G
Directors and Executive Officers
Prior and Current Blank Check Company Experience, page 9
1.We note that Paul Moody and/or Jeffrey DeNunzio are or were also executives, directors
and/or significant shareholders of other public blank check and shell companies such as,
Fast Lane Holdings, Inc., NL One Corporation, and Stemcell Holdings, Inc.  Please
disclose your promoters' prior performance history with such registrants, including the
following:

•The registrant’s name;
•The initial filing date;
•Your promoters' relationship with the registrant;
•Whether the registrant has engaged in a business combination;

 FirstName LastNamePaul Moody
 Comapany NameQuick Start Holdings, Inc.
 February 13, 2019 Page 2
 FirstName LastNamePaul Moody
Quick Start Holdings, Inc.
February 13, 2019
Page 2
•Whether the registrant registered any offerings under the Securities Act; and
•Whether any transaction resulted in termination of your promoters’ association with
any blank check or shell company, including the date of such transaction, the nature
and dollar amount of any consideration received, the amount of any retained equity
interest, and the identity of any successor entity.
Certain Relationships and Related Transactions, and Director Independence, page 12
2.Please state the names of your promoters. We note your disclosure on page F-7 that Jeff
DeNunzio received founder shares. See Item 404(c)(1)(i) of Regulation S-K and the
definition of promoter in Rule 12b-2. Also disclose the company´s transactions with any
promoter.  For example, we note your disclosure on page F-10 that Paul Moody paid
expenses on behalf of the company totaling $1,376 as of October 31, 2018.  See Item
404(d) of Regulation S-K.
Market Price of and Dividends on the Registrant's Common Equity and Related Stockholder
Matters, page 12
3.Please clarify, if true, that your common stock is quoted on the Pink market.
Description of Registrant's Securities to be Registered, page 13
4.We note that your amended and restated certificate of incorporation identifies the Court of
Chancery of the State of Delaware as the exclusive forum for certain litigation, including
any “derivative action.”  Please disclose this provision in the filing, as well as whether this
provision applies solely to state law claims.  If it does not apply solely to state law claims,
then please note that that Section 27 of the Exchange Act creates exclusive federal
jurisdiction over all suits brought to enforce any duty or liability created by the Exchange
Act or the rules and regulations thereunder and Section 22 of the Securities Act creates
concurrent jurisdiction for federal and state courts over all suits brought to enforce any
duty or liability created by the Securities Act or the rules and regulations thereunder.  If
this provision is intended to apply solely to state law claims, please also ensure that the
exclusive forum provision in the amended and restated certificate of incorporation  states
this clearly.
Exhibits
5.Please file your bylaws as an exhibit.  See Item 15(b) of Form 10 and Item 601(b)(3)(ii) of
Regulation S-K.
            We remind you that the company and its management are responsible for the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action or absence of
action by the staff.

 FirstName LastNamePaul Moody
 Comapany NameQuick Start Holdings, Inc.
 February 13, 2019 Page 3
 FirstName LastName
Paul Moody
Quick Start Holdings, Inc.
February 13, 2019
Page 3
            You may contact James Giugliano at 202-551-3319 or Craig Arakawa at 202-551-3650 if
you have questions regarding comments on the financial statements and related matters.  Please
contact Ronald Alper at 202-551-3329 or Brigitte Lippmann at 202-551-3713 with any other
questions.
Sincerely,
Division of Corporation Finance
Office of Beverages, Apparel and
Mining