Current Report Filing (8-k)
January 27 2015 - 5:24PM
Edgar (US Regulatory)
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
January 27, 2015
Date of Report
(Date of earliest
event reported)
LABOR SMART INC.
(Exact name of Registrant as specified in its
Charter)
Nevada | |
000-54654 | |
45-2433287 |
(State or Other Jurisdiction of Incorporation) | |
(Commission File Number) | |
(I.R.S. Employer Identification No.) |
3270 Florence Road, Suite 200, Powder
Springs, GA 30127
(Address of Principal Executive
Offices)
(770) 222-5888
(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 (see general instruction A.2. below):
[
] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[
] Soliciting material pursuant to Rule 14-a-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))
|
Item 8.01
Other Events.
On January 27, 2015,
the Company entered into three Partial Note Payment Agreements (the “Agreements”) with holders of outstanding convertible
promissory notes of the Company (the “Notes”) to partially pay off the Notes with cash. The Notes required the prior
written consent of the lenders in order to satisfy any of the Notes with cash. Under the first Agreement, the Company shall pay
$25,000 in cash to satisfy $20,000 worth of principal due under a convertible promissory note dated June 6, 2014. Under the second
Agreement, the Company shall pay $64,000 in cash to satisfy $53,000 worth of principal due under a convertible promissory note
dated July 8, 2014. Under the third Agreement, the Company shall pay $64,000 in cash to satisfy $53,000 worth of principal due
under the convertible promissory note dated July 22, 2014.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this Report to be signed on its behalf
by the undersigned hereunto duly authorized.
|
|
|
|
LABOR SMART, INC. |
|
|
|
|
|
Date: |
January 27, 2015 |
|
By: |
/s/ Ryan Schadel |
|
|
|
Name: |
Ryan Schadel |
|
|
|
Title: |
Chief Executive Officer |
Labor Smart (PK) (USOTC:LTNC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Labor Smart (PK) (USOTC:LTNC)
Historical Stock Chart
From Apr 2023 to Apr 2024