Current Report Filing (8-k)
June 26 2015 - 6:09AM
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
Date of Report (Date of earliest event reported):
June 22, 2015
Monaker
Group, Inc.
(Exact name of registrant as specified in its charter)
| Nevada |
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000-52669 |
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26-3509845 |
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(State or other jurisdiction
of incorporation) |
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(Commission File Number) |
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(IRS Employer
Identification No.) |
2690 Weston Road, Suite 200
Weston, FL 33331
(Address of Principal Executive
Offices)
(954) 888-9779
Registrant’s telephone number, including
area code
Next
1 Interactive, Inc.
(Former name or former
address, if changed since last report)
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)) |
| Item 5.03. | Amendments to Articles of Incorporation or Bylaws;
Change in Fiscal Year. |
On June 22, 2015, Next 1 Interactive, Inc. (the “Company”)
filed an Amendment to its Articles of Incorporation (the “Amendment”) to change the name of the Company to Monaker
Group, Inc. and effect a 1-for-50 reverse stock split which was effected on June 25, 2015.
The foregoing description of the Amendment does not purport
to be complete and is qualified in its entirety by reference to the full text of the Amendment which is filed as Exhibit 3.1 to
this Current Report on Form 8-K and incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits |
| 3.1 | Amendment to the Articles of Incorporation |
| 99.1 | Press Release dated June 25, 2015 |
SIGNATURE
Pursuant to the requirements
of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
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NEXT 1 INTERACTIVE, INC. |
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| Date: June 26, 2015 |
By: |
/s/ William Kerby |
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William Kerby |
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Chief Executive Officer |
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Exhibit 3.1
Exhibit 99.1
Next
1 Interactive, Inc. Announces Name Change and Restructuring to Become Monaker Group, Inc
(Weston, FL: NXOID) Next 1 announced today
that it has completed its name change and structuring to become Monaker Group, Inc. (“Monaker”). This is one of the
final steps towards beginning expanded growth. For the next twenty one days the company will trade under the stock symbol NXOID
signifying that there has been a 50 for 1 share exchange, thereafter the trading symbol will be MKGI.
Monaker has emerged as a digital media marketing company focusing
on lifestyle enrichment for consumers in the travel, home and employment sectors. At the core of its marketing services are
key elements including proprietary video-centered technology and established partnerships currently being leveraged to enhance
reach.
Video is quickly becoming consumer’s preferred method
of searching and educating themselves prior to purchases. Monaker’s video creation technology and film libraries combine
to create lifestyle video offerings that can be shared through trusted distribution systems of its major partners. The end
result is better engagement with consumers who gain in-depth information on related products and services helping to both inform
and fulfill purchases. Unlike traditional marketing companies that simply charge for advertising creation, Monaker holds
licenses and/or expertise in the travel, real estate and employment sectors allowing it to capture fees at the point
of purchase while the majority of transactions are handled by Monaker’s partners. This should allow the company to capture
greater revenues while eliminating much of the typical overhead associated with fulfillment.
Monaker has core holdings in each of its key areas:
| · | Travel - Maupintour Extraordinary Vacations, NextTrip.com, Stingy Travel and Voyage.TV |
| · | Home – www.HomeAndAwayClub.com and 35% ownership of RealBiz Media Group, Inc. (OTCQB: RBIZ) |
| · | Employment – 51% ownership in www.NameYourFee.com |
Additionally, the company is continually expanding strategic
partnerships and is already working with some of the largest partners in their respective industries including:
| - | I.C.E., Inc. (key membership rewards company with 55 million members, handling loyalty fulfillment for several Fortune 500
companies) |
| - | Jasper Group, Inc. (employment specialist with over 6000 recruiting partners) |
| - | Launch 360 Media, Inc. (operates R&R Television Network into 34 million North American Homes) |
The Company expects product and revenue growth through its partner’s
customer base utilizing its digital platforms and by developing specialized mobile apps for both the travel and employment sectors.
Monaker will also utilize its reach through R&R TV (with currently 34 million households in their network) to heighten awareness
of current and new offerings. Monaker Group – through its ownership in Maupintour, NameYourFee.com and RealBiz Media Group,
Inc. will assist consumers at home, work and play.
About Monaker Group: Monaker
Group, Inc. (“Monaker”) is a digital media marketing company focusing on lifestyle enrichment for consumers
in the travel, home and employment sectors. Core to its marketing services are key elements including proprietary video-centered
technology and established partnerships that enhance its reach. Video is quickly becoming consumer’s preferred method of
searching and educating themselves prior to purchases. Monaker’s video creation technology and film libraries combine to
create lifestyle video offerings that can be shared both to its customers and through trusted distribution systems of its major
partners. The end result is better engagement with consumers who gain in-depth information on related products and services
helping to both inform and fulfill purchases. Unlike traditional marketing companies that simply charge for advertising creation,
Monaker holds licenses and/or expertise in the travel, real estate and employment sectors allowing it to capture fees at the point
of purchase while the majority of transactions are handled by Monaker’s partners. This should allow the company to capture
greater revenues while eliminating much of the typical overhead associated with fulfillment. Monaker core holdings include Maupintour,
NameYourFee.com, RealBiz Media Group – helping it to deliver marketing solutions to consumers at home, work and play.
Safe Harbor Statement: This news release contains forward-looking
statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning
plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other
than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product
and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government
regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such
forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by
the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation
to update any forward-looking statements to reflect events or circumstances after the date hereof.
CONTACT:
Chesapeake Group
Kevin Holmes
info@chesapeakegp.com
+1 (410) 825-3930