Company: KCRD
Filing Date: 2025-05-19
Form Type: 10-K
Source: 0001477932-25-003933
Chunk: 783

Company: Kindcard, Inc.
Filing Date: 2025-05-19
Form: 10-K
Item: Item 8
Chunk 783
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 this time because it has not been able to hire a qualified candidate. Further, the Company believes that it has inadequate financial resources at this time to hire such an expert.

 20Table of Contents

Indemnification of Directors and Officers

Our directors and executive officers are indemnified as provided by Nevada law and our Bylaws. These provisions state that our directors may cause us to indemnify a director or former director against all costs, charges and expenses, including an amount paid to settle an action or satisfy a judgment, actually and reasonably incurred by him as a result of him acting as a director. The indemnification of costs can include an amount paid to settle an action or satisfy a judgment. Such indemnification is at the discretion of our board of directors and is subject to the Securities and Exchange Commission’s policy regarding indemnification.

Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers or persons controlling us pursuant to the foregoing provisions, or otherwise, we have been advised that in the opinion of the Securities and Exchange Commission, such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable.

Potential Conflicts of Interest

We are not aware of any current or potential conflicts of interest with Mr. Rosen, other business interests and his involvement with Kindcard, Inc.

ITEM 11. EXECUTIVE COMPENSATION 

Executive Officers’ Compensation

The following summary compensation table sets forth all compensation awarded to, earned by, or paid to the named executive officers paid by the Company during the fiscal years ended January 31, 2025 and January 31, 2024, in all capacities for the accounts of our executive officers, including the Chief Executive Officer.

Summary Compensation Table

Name and Principal Position Fiscal Year Salary  Stock Award  Option Awards  Non-Equity Incentive Plan Compensation  Change in Pension Value and Non-QualifiedDeferredCompensationEarnings  All Other Compensation  Total     $  $  $  $  $  $  $ Michael Rosen 2025  0   0   0   0   0   0   0 CEO, President, CFO, Secretary, Treasurer 2024  0   0   0   0   0   0   0 

Outstanding Equity Awards at Fiscal Year End

The Company did not issue equity awards