# EDGAR Filing Document

**Accession Number:** 0001818674
**File Stem:** 0001607062-23-000157
**Filing Date:** 2023-3
**Character Count:** 26697
**Document Hash:** fa5121e623066dd133c41e671e7e50f2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001607062-23-000157.hdr.sgml**: 20230328

**ACCESSION NUMBER**: 0001607062-23-000157

**CONFORMED SUBMISSION TYPE**: S-8 POS

**PUBLIC DOCUMENT COUNT**: 5

**FILED AS OF DATE**: 20230328

**DATE AS OF CHANGE**: 20230328

**EFFECTIVENESS DATE**: 20230328

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SYBLEU Inc
- **CENTRAL INDEX KEY:** 0001818674
- **STANDARD INDUSTRIAL CLASSIFICATION:** PHARMACEUTICAL PREPARATIONS [2834]
- **IRS NUMBER:** 851412307
- **STATE OF INCORPORATION:** WY
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** S-8 POS
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-248059
- **FILM NUMBER:** 23770035

**BUSINESS ADDRESS:**
- **STREET 1:** 1034 THROGGS NECK EXPRESSWAY
- **CITY:** BRONX
- **STATE:** NY
- **ZIP:** 10465
- **BUSINESS PHONE:** 718-795-7790

**MAIL ADDRESS:**
- **STREET 1:** 1034 THROGGS NECK EXPRESSWAY
- **CITY:** BRONX
- **STATE:** NY
- **ZIP:** 10465

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**Post-Effective Amendment No. 1**

**to**

**FORM S-8**

REGISTRATION STATEMENT

Under

THE SECURITIES ACT OF 1933

**<u>SYBLEU INC.</u>**

(Exact name of registrant as specified in its charter)

---

| | |
|:---|:---|
| **<u>Wyoming</u>** | **<u>85-1412307</u>** |
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) |

---

---

| | |
|:---|:---|
| **<u>1034 Throggs Neck Expressway Bronx NY</u>** | **<u>10465</u>** |
| (Address of principal executive offices) | (Zip Code) |

---

------------------------------------------------------------------------

<u>AGREEMENT BY AND BETWEEN SYBLEU INC AND TIMOTHY G FOAT</u>

(Full title of the plan)

Joseph G. Vaini

Chief Executive Officer

1034 Throggs Neck Expressway, Bronx NY 10465

(718) 795-7790

copies to:

Joseph G. Vaini

Chief Executive Officer

1034 Throggs Neck Expressway, Bronx NY 10465

(Name and address and telephone of agent for service)

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act. (Check one):

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| | |
|:---|:---|
| ☐ Large accelerated filer | ☐ Accelerated filer |
| ☐ Non-accelerated filer | **☒** Smaller reporting company |

---

**CALCULATION OF REGISTRATION FEE**

---

| | | | | |
|:---|:---|:---|:---|:---|
| Title of Securities to be Registered | Amount to be Registered | Proposed Maximum Offering Price Per Share <br>(1) | Proposed Maximum Aggregate Offering Price <br>(1) | Amount of Registration Fee |
| Common Stock | 125000 | $0.10 | $12500 | $1.37 |

---

&nbsp;&nbsp;&nbsp;&nbsp;• Based
 on the bid price per common share as reported by OTC Markets Group on March 27, 2023.

**This Post-Effective Amendment No. 1 on Form S-8 relates to the Registration Statement on Form S-8 filed on March 27, 2023 (the "Original Registration Statement") by SYBLEU INC. and is being filed for the sole purpose of including as Exhibits 5.1 and 23.2 the corrected Opinion of Mr. William M. Aul**

**PART I**

**INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS**

**Item 1. Plan Information**

The information required by Part I to be contained in the Section 10(a) prospectus is omitted from this registration statement in accordance with Rule 428 of the Securities Act of 1933 and the Note to Part I of Form S-8.

**Item 2. Registrant Information and Employee Plan Annual Information**

Registrant will provide without charge to each person to whom a copy of a section 10(a) Prospectus hereunder is delivered, upon the oral or written request of such person, a copy of any document incorporated in this Registration Statement by reference. Requests for such information should be directed to Joseph G. Vaini at 718-795-7790

**PART II**

**INFORMATION REQUIRED IN THE REGISTRATION STATEMENT**

**Item 3. Incorporation of Documents by Reference**

The following documents filed with the Securities and Exchange Commission (the "SEC") by SYBLEU INC (the "Company") are incorporated by reference in this Registration Statement:

(a) The Registrant's Annual Report on Form 10-K as amended for the year ended June 30, 2022,

(b)All other reports filed by the Registrant pursuant to Section 13(a) or 15(d) of the Exchange Act since the end of the fiscal year covered by the registrant document referred to in (a) above.

(c) In addition, all documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14, and 15(d) of the Exchange Act, prior to the filing of a post-effective amendment which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference into this Registration Statement and to be a part hereof from the date of filing of such documents.

The class of securities to be offered is Common Stock.

 **Item 4. Description of Securities.**

Common stock, $0.0001 par value; 100,000,000 shares authorized

With respect to each matter submitted to a vote of stockholders of SYBLEU INC each holder of Common Stock shall be entitled to cast that number of votes which is equivalent to the number of shares of Common Stock owned by such holder times one (1).

On any voluntary or involuntary liquidation, dissolution or winding up of SYBLEU INC the holders of the Common Stock shall receive, out of assets legally available for distribution to the Company's stockholders, a ratable share in the assets of the Corporation.

**Item 5. Interests of Named Experts and Counsel.**

Not Applicable.

**Item 6. Indemnification of Directors and Officers**

Section 17-16-851 of the Wyoming Business Corporation Act provides that a corporation may indemnify a director against liability incurred in a proceeding if:

(i) (A) the director conducted himself in good faith; and

(B) he reasonably believed that his conduct was in or at least not opposed to the corporation's best interests; and

(C) in the case of any criminal proceeding, the director had no reasonable cause to believe his conduct was unlawful; or

(ii) the director engaged in conduct for which broader indemnification has been made permissible or obligatory under a provision of the articles of incorporation, as authorized by Section 17-16-202(b)(v) of the Wyoming Business Corporation Act.

A director's conduct with respect to an employee benefit plan for a purpose the director reasonably believed to be in the interests of the participants in and beneficiaries of the plan is conduct that satisfies the requirement of subparagraph (a)(i)(B) of Section 17-16-851.

The termination of a proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent is not, of itself, determinative that the director did not meet the standard of conduct described in Section 17-16-851.

Section 6.01 of our Bylaws states the SYBLEU shall indemnify the directors, officers, agents and employees of the Company in the manner and to the full extent provided in the General Corporation Law of the State of Wyoming.

**Item 7. Exemption from Registration Claimed.**

Not applicable.

**Item 8. Exhibits**

---

| | |
|:---|:---|
| **Exhibit Number** | **Description of Exhibit** |
| 5.1 | [Opinion of William M Aul](ex5_1.htm) |
| 23.1 | [Consent of BF Borgers CPA PC](ex23_1.htm) |
| 23.2 | [Consent of William M Aul is contained in Exhibit 5.1 to this Registration Statement](ex5_1.htm) |
| 99.1 | [AGREEMENT BY AND BETWEEN SYBLEU INC AND TIMOTHY G FOAT](ex99_1.htm) |

---

**Item 9. Undertakings**

The undersigned Registrant hereby undertakes:

The undersigned Registrant hereby undertakes:

(1) To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:

(i) To include any prospectus required by section 10(a) (3) of the Securities Act of 1933;

(ii) To reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20 percent change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective Registration Statement;

(iii) To include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement; Provided, however, that paragraphs (a) (1) (i) and (a) (1) (ii) do not apply if the Registration Statement is on Form S-8, and the information required to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in the Registration Statement.

(2) That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

(3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

(b) The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act of 1933, each filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Securities Exchange Act of 1934) that is incorporated by reference in the Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

(c) Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has 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. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.

**SIGNATURES**

Pursuant to the requirements of the Securities Act, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Post Effective Amendment No 1 to the Original Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Bronx, New York on March 28, 2023.

---

| | |
|:---|:---|
| **SYBLEU INC** | **SYBLEU INC** |
| *By:* | */s/ Joseph G. Vaini* |
|  | Joseph G. Vaini, |
|  | Chief Executive Officer, Principal Executive Officer |
| *By:* | */s/ Joseph G. Vaini* |
|  | Joseph G. Vaini |
|  | Principal Accounting Officer |

---

**PURSUANT TO THE REQUIREMENTS OF THE SECURITIES ACT OF 1933, AS AMENDED, THIS REGISTRATION STATEMENT ON FORM S-1 HAS BEEN SIGNED BY OR ON BEHALF OF THE FOLLOWING PERSONS IN THE CAPACITIES AND ON THE DATES INDICATED:**

---

| | | |
|:---|:---|:---|
| **Signature** | **Title** | **Date** |
| */s/ Joseph G. Vaini* | Principal Executive Officer | March 28 2023 |
| Joseph G. Vaini |  |  |
| */s/ Joseph G. Vaini* | Principal Accounting Officer | March 28 2023 |
| Joseph G. Vaini |  |  |
| */s/ Joseph G. Vaini* | Director | March 28 2023 |
| Joseph G. Vaini |  |  |
| */s/ Joseph G. Vaini* | Principal Financial Officer | March 28 2023 |
| Joseph G. Vaini |  |  |
| */s/ Joseph G. Vaini* | Director | March 28 2023 |
| Joseph G. Vaini |  |  |

---

## Exhibit 5.1

LAW OFFICES OF

WILLIAM M. AUL

ATTORNEY AT LAW

1660 Hotel Circle North, Suite 207

San Diego, CA 92108

Email: Bill@Aullaw.net

March 16, 2023

Board of Directors

Sybleu, Inc.

1034 Throggs Neck Expressway Bronx

New York, NY 10465

Dear Mr. Vaini:

In my capacity as counsel for Sybleu, Inc., a Wyoming corporation (the "***Company***"), I have participated in the corporate proceedings relative to the authorization by the Company for the issuance of a maximum of <u>One Hundred Twenty-Five Thousand (125,000)</u> shares of the Company's common stock (par value $0.0001) (the "***Subject Shares***") pursuant to the resolutions duly adopted by the Company's Board of Directors and described in the Company's Registration Statement on Form S-8 under the Securities Act of 1933 (the "***Registration Statement***"). I have also participated in the preparation and filing of the Registration Statement.

Based upon the foregoing and upon my examination of originals (or copies certified to my satisfaction) of such corporate records of the Company and other documents as I have deemed necessary as a basis for the opinions hereinafter expressed, and assuming the accuracy and completeness of all information supplied me by the Company, having due regard for the legal considerations which I deem relevant, I am of the opinion that:

(1) The Company is a corporation duly organized and validly existing under the laws of the State of Nevada;

(2) The Company has taken all requisite corporate action and all action required by the laws of the State of Nevada with respect to the authorization, issuance and sale of the Subject Shares to be issued pursuant to the Registration Statement;

(3) The Subject Shares, when issued pursuant to the Registration Statement, will be validly issued, fully paid and non-assessable.

Page Two

Board of Directors

Sybleu, Inc.

March 16, 2023

I hereby further consent to the use of this opinion as an exhibit to the Registration Statement and to the references to myself in the Registration Statement.

Yours very truly,

*<u>/s/ William M. Aul</u>*

WILLIAM M. AUL

## Exhibit 23.1

**Exhibit 23.1**

**CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

We hereby consent to the incorporation in this Registration Statement on Form S-8 of our report dated July 20, 2022, relating to the financial statements of SYBLEU Inc. as of June 30, 2022 and 2021 and to all references to our firm included in this Registration Statement.

Certified Public Accountants

Lakewood, CO

March 27, 2023

## Exhibit 99.1

**Exhibit 99.1**

**AGREEMENT BY AND BETWEEN SYBLEU INC AND TIMOTHY G FOAT**

Agreement by and between Timothy G. Foat ("Consultant") , a natural person and SYBLEU INC ("Company") , a Wyoming corporation whose address is 1034 Throggs Neck Expressway Bronx NY 10465 dated March 13, 2023.

It is agreed as follows:

**1. SCOPE OF SERVICES**

Consultant shall provide on demand telephone support to the Company related to any and all hardware and software computer issues during the hours of 9:00 AM to 5:00 PM Pacific Standard Time.

**2. TERM**

Services shall be provided during the period beginning March 16, 2023 and ending July 16, 2023.

**3. COMPENSATION**

On or before April 1 2023 Consultant shall be paid 125,000 newly issued common shares of the Company.

**4. NON DISCLOSURE**

(a) All information, whether in oral, written, graphic, electronic or other form, disclosed by the Company to the Consultant shall be deemed to be "Proprietary Information." In particular, Proprietary Information includes, without limitation, any trade secrets, confidential information, ideas, inventions or research and development information; matters of a technical nature, including technology; notes, products, know-how, engineering or other data (including test data and data files); specifications, processes, techniques, formulae or work-in-process; manufacturing, planning or marketing procedures, clinical data and regulatory strategies or information; accounting, financial or pricing procedures or information, budgets or projections, or personnel or salary structure/compensation information; information regarding suppliers, clients, customers, employees, contractors, investors or investigators of the Company, information which has been designated in writing as confidential by the Company; programs, procedures (including operating procedures), processes, methods, guidelines, policies, proposals or contracts; computer software, data bases or programming; and any other information which, if divulged to a third party, could have an adverse impact on the Company, or on any third party to which it owes a confidentiality obligation. In addition, "Proprietary Information" includes any of the foregoing relating to the past, present or future operations, organization, projects, finances, business interests, methodology or affairs of any third party to which the Company owes a duty of confidentiality including, without limitation, the mere fact that the Company is or may be working with or for any client.

(b) The obligations of confidentiality shall not apply to any Proprietary Information that was known by the Consultant at the time of disclosure to it by such Company, or that is independently developed or discovered by the Consultant after disclosure by such Company, without the aid, application or use of any item of such Company's Proprietary Information, as evidenced by written records; now, or subsequently becomes, through no act or failure to act on the part of the Consultant, generally known or available; is disclosed to the Consultant by a third party authorized to disclose it; or is required by law or by court or administrative order to be disclosed; provided, that the Consultant shall have first given prompt notice to such Company of such required disclosure.

(c) Consultant shall exercise due care to prevent the unauthorized use or disclosure of the Company's Proprietary Information, and shall not, without the Company's prior written consent, disclose or otherwise make available, directly or indirectly, any item of the Company's Proprietary Information to any person or entity other than those employees, independent contractors or agents of the Consultant (collectively, "Representatives"), to the extent such Representatives reasonably need to know the same in order to evaluate such Proprietary Information, to participate in the business relationship between the parties, or to make decisions or render advice in connection therewith. Consultant shall advise its Representatives who have access to the Company's Proprietary Information of the confidential and proprietary nature thereof, and agrees that such Representatives shall be bound by terms of confidentiality and restrictions on use with respect thereto that are at least as restrictive as the terms of this Agreement.

(d) Consultant shall exercise due care to prevent the unauthorized use or disclosure of the Company's Proprietary Information, and shall not, without the Company's prior written consent, disclose or otherwise make available, directly or indirectly, any item of the Company's Proprietary Information to any person or entity other than those employees, independent contractors or agents of the Consultant (collectively, "Representatives"), to the extent such Representatives reasonably need to know the same in order to participate in any business relationship between the parties, or to make decisions or render advice in connection therewith. Consultant shall advise its Representatives who have access to the Company's Proprietary Information of the confidential and proprietary nature thereof, and agrees that such Representatives shall be bound by terms of confidentiality and restrictions on use with respect thereto that are at least as restrictive as the terms of this Agreement.

(e) Consultant shall use the Company's Proprietary Information solely for the purposes of performing his duties pursuant to this Agreement and shall not make any other use of the Company's Proprietary Information without the Company's specific written authorization.

(f) All Proprietary Information of the Company (including all copies thereof) shall be and at all times remain the property of such Company, and all non-oral Proprietary Information of the Company which is then in the Consultant's possession or control shall be destroyed or returned to the Company promptly upon its request at any time, and in any event, no later than 60 days following any expiration or termination of this Agreement.

(g) Nothing in this Agreement shall be construed, by implication or otherwise, as a grant of any right or license to trademarks, inventions, copyrights or patents, as a grant of a license to either Consultant to use any of the Company's Proprietary Information except as expressly set forth herein.

(h) The provisions of Section 4 of this Agreement shall survive until such time as all Confidential Information disclosed hereafter becomes publically known and made generally available through no action or inaction of Consultant.

**5. REGISTRATION**

Securities paid to Consultant by Company pursuant to this Agreement shall be registered under the Securities Act of 1933, as amended, on Form S-8.

**6. REPRESENTATIONS AND WARRANTIES OF COMPANY**

(a) Company is a corporation duly organized, validly existing and in good standing under the laws of the state its incorporation and has the requisite corporate power and authority to enter into and perform its obligations under this Agreement without the consent, approval or authorization of, or obligation to notify, any person, entity or governmental agency which consent has not been obtained.

(b) The execution, delivery and performance of this Agreement by Company does not and shall not constitute Company's breach of any statute or regulation or ordinance of any governmental authority, and shall not conflict with or result in a breach of or default under any of the terms, conditions, or provisions of any order, writ, injunction, decree, contract, agreement, or instrument to which the Company is a party, or by which Company is or may be bound.

**7. REPRESENTATIONS AND WARRANTIES OF CONSULTANT**

(a) Consultant has the requisite power and authority to enter into and perform his obligations under this Agreement without the consent, approval or authorization of, or obligation to notify, any person, entity or governmental agency which consent has not been obtained.

(b) The execution, delivery and performance of this Agreement by Consultant does not and shall not constitute Consultant's breach of any statute or regulation or ordinance of any governmental authority, and shall not conflict with or result in a breach of or default under any of the terms, conditions, or provisions of any order, writ, injunction, decree, contract, agreement, or instrument to which the Consultant is a party, or by which Company is or may be bound.

**8. ENTIRE AGREEMENT** 

This Agreement constitutes a final written expression of all the terms of the Agreement between the parties regarding the subject matter hereof, are a complete and exclusive statement of those terms, and supersedes all prior and contemporaneous Agreements, understandings, and representations between the parties.

**9. SEVERABILITY** 

If any provision of this Agreement is held to be invalid or unenforceable in any respect, the validity and enforceability of the remaining terms and provisions of this Agreement shall not in any way be affected or impaired thereby and the parties will attempt to agree upon a valid and enforceable provision that is a reasonable substitute therefore, and upon so agreeing, shall incorporate such substitute provision in this Agreement

**10. GOVERNING LAW, VENUE, WAIVER OF JURY TRIAL**

All questions concerning the construction, validity, enforcement and interpretation of this Agreement shall be governed by and construed and enforced in accordance with the internal laws of the State of New York, without regard to the principles of conflicts of law thereof. Each party hereby irrevocably submits to the exclusive jurisdiction of the state and federal courts sitting in New York for the adjudication of any dispute hereunder or in connection herewith or with any transaction contemplated hereby or discussed herein and hereby irrevocably waives, and agrees not to assert in any suit, action or proceeding, any claim that it is not personally subject to the jurisdiction of any such court, that such suit, action or proceeding is improper or inconvenient venue for such proceeding. If either party shall commence an action or proceeding to enforce any provisions of this Agreement, then the prevailing party in such action or proceeding shall be reimbursed by the other party for its attorneys' fees and other costs and expenses incurred with the investigation, preparation and prosecution of such action or proceeding.

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed by their respective authorized signatories as of the date first indicated above.

COMPANY

By: Joseph G Vaini

It's CEO

*<u>/s/Joseph G Vaini</u>*

Dated: March 13, 2023

CONSULTANT

By: Timothy G Foat

*<u>/s/Timothy G. Foat</u>*

Dated: March 13, 2023