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: ~~September~~ December 9, ~~2021~~2022

(Date of earliest event reported)

ADVANCED CONTAINER TECHNOLOGIES, INC. (Exact name of Registrant as specified in its charter)
Florida (State or other jurisdiction of incorporation)	000-29381 (Commission File Number)	65-0207200 (IRS Employer Identification Number)
1620 Commerce St. Corona, CA (Address of principal executive offices)		~~92878~~92880 (ZIP Code)
(951) 381-2555 (Registrant's telephone number, including area code)

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:

[ ] 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))

Securities registered pursuant to Section 12(b) of the Act: None

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. ☐

Section 15 – ~~Registrant’s~~ ~~Business~~Corporate Governance and ~~Operations~~Management

Item 15.0102. ~~Entry~~ ~~into~~Departure aof ~~Material~~Directors ~~Definitive~~or ~~Agreement~~Principal Officers; Election of Directors; Appointment of Principal Officers.

~~DPH~~On ~~Supplements, Inc.~~December ~~(“DPH”)~~9, ~~a company of which Douglas P. Heldoorn~~2022, anpursuant ~~officer~~to ~~and~~a ~~director~~Consent of ~~the Company, is the sole shareholder, leased~~ ~~the~~Shareholder ~~building that is partially occupied by the Company from its owner under a master lease,~~ dated ~~August~~December 279, ~~2018~~2022, ~~which~~Daniel ~~had~~Salinas ~~a term of 2 years that expired on August 31, 2020, at a rental of $11,108 per month. This lease~~ was ~~extended~~removed ~~for a 2-year term, so~~ as ~~to expire on August 31, 2022, at~~ a ~~rental~~director of ~~$9,791 per month. DPH subleased 8,000 square feet of~~ the ~~building to the Company under a 1-year sublease expiring on August 31~~Registrant, ~~2019,~~leaving atDouglas ~~a monthly rent of $8,640 per month and on the other terms set forth in Item 2 and subleased the remaining 2,000 square feet to an unrelated party at a rent of $2,467 per month~~P. OnHeldoorn ~~September~~as ~~1, 2019,~~ the ~~Company and DPH extended its term for~~sole ~~one~~director ~~year, such that its term expired on August 31, 2020, at a monthly rent~~ of ~~$8,967. On September 1, 2020, DPH leased these premises to Med X Technologies Inc., a wholly owned subsidiary of~~ the ~~Company which operates its Medtainer® business (“Med X”) for a monthly rent of $9,007, for a term that expired on August 31, 2021~~Registrant. ~~Under~~The aConsent ~~sublease entered into on September 9, 2021, and dated as~~ of ~~September~~Shareholder 1,was ~~2021,~~signed ~~DPH~~by ~~leased these premises to Med X for a monthly rent of $9,791, for a term that will expired on August 31, 2022~~Mr. ~~Under each of these subleases~~Heldoorn, ~~the~~who ~~Company~~had orsufficient ~~Med~~voting X,power asin the ~~case~~Registrant ~~may be, agreed~~ to ~~assume and all of the obligations of DPH under~~ ~~the~~remove ~~master~~Mr. lease, including the payment in full of certain capital expenses and the sharing of others; the payment of “common area operating expenses,” as defined (which includes real property taxes paid by master lessor); the maintenance of the property; and payment of insurance premium increasesSalinas.

~~Under~~Also ~~the~~on ~~immediately prior~~December ~~subleases~~9, ~~the Company and Med X subleased 80% of the area of the building and paid 77.8% and 72.5% of the total rent paid by DPH for the building under the earlier and later of these subleases~~2022, ~~respectively~~Mr. ~~Under~~Heldoorn ~~the current sublease, Med X leases 80% of the total~~signed ~~area~~an ofAction ~~the building and pays 78.1%~~ of ~~the~~Sole ~~total~~Director ~~rent~~reducing ~~paid by DPH for~~ the ~~building.~~number ~~Under all~~ of ~~these~~directors ~~subleases,~~comprising the ~~amounts~~board of ~~rent payable~~directors ~~by the Company~~ to ~~DPH were equal to the rent that DPH paid to the owner of the building under the master lease, such that DPH netted and will net no income after it paid rent to the master lessor~~one.

The Company believes that the rent for these premises approximates the market rate for space in the area in which they are located and that the current sublease is fair to the Company and in its best interest.SIGNATURES

~~Section~~Pursuant 9to the -requirements ~~Financial~~of ~~Statements~~the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the ~~and~~undersigned ~~Exhibits~~hereunto duly authorized.

~~Item 9.01 Financial Statements~~ADVANCED ~~and~~CONTAINER ~~Exhibits~~TECHNOLOGIES, INC.

~~(d)~~By: ~~Exhibits~~/s/ Douglas P. Heldoorn

10Douglas P.1 ~~Sublease Agreement, dated as of September 1, 2021, by and among KST Family Trust, as landlord, DPH Supplements, Inc., as sublessor, and Med X Technologies Inc., as sublessee. Filed herewith.~~Heldoorn

~~SIGNATURES~~Chief Executive Officer

~~Pursuant~~Dated: ~~to the~~December ~~requirements of the Securities Exchange Act of 1934~~9, ~~the Registrant has duly caused this report to be signed on its behalf by the~~ ~~undersigned hereunto duly authorized.~~2022

~~ADVANCED CONTAINER TECHNOLOGIES, INC.~~1

By: /s/ Douglas P. Heldoorn

Douglas P. Heldoorn

Chief Executive Officer

Dated: September 13, 2021

Filing Compare · ADVANCED CONTAINER TECHNOLOGIES, INC.