Current Report Filing (8-k)
June 02 2016 - 5:00PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20369
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: March 11, 2016
YSTRATEGIES
CORP
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(Exact name of registrant as specified in charter)
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Nevada
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000-1510891
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27-4592289
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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.)
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1524 Rhine Street
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Pittsburgh, PA
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(Address of principal executive offices)
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(Zip code)
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Issuer's telephone number, including area code:
(412) 450-0028
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(Registrant's telephone number including area code)
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INDIA ECOMMERCE CORPORATION
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(Former Name or former address, if changed since last report)
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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)
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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))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES
On June 1, 2016, the Board of Directors approved the issuance of a total of 7,249,999 shares of our common stock to seven of our directors, officers and employees effective June 4, 2016. The shares will be issued for par value ($0.001 per share) in respect of the past services of these individuals:
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Ashish Badjatia
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674,999
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Rohit Gangwal
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675,000
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Jeffrey Wateska
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1,200,000
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James Kiles
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950,000
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Robert Petchel
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950,000
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Paul Overby
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1,400,000
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Marin Schiff
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1,400,000
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ITEM 8.01 OTHER EVENTS
On March 11, 2016, the Company completed a merger with Ystrategies Corp., a wholly owned subsidiary incorporated in the State of Nevada. This resulted in a corporate name change of the Company to "Ystrategies Corp." Additionally, the plan of merger provided for an exchange ratio of 1:10, which has the practical effect of a 1 for 10 reverse split of the Company's common stock. This corporate action was approved by the Company's Board of Directors as authorized by Nevada corporate law. The corporate name change and effective 1 for 10 reverse stock split effected by the merger will be effective on June 3, 2016 upon final approval by FINRA which was granted on June 1, 2016. The Company's new trading symbol will be "YSTR," although it will trade under "IEECD" for the next 20 business days.
SIGNATURES
Pursuant to the requirements of Section 13 of the Securities Exchange Act of 1934, the registrant has duly caused this Report on Form 8-K to be signed on its behalf by the undersigned, thereunto duly authorized.
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YSTRATEGIES CORP.
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/s/ Mr. James J. Kiles
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Mr. James J. Kiles,
Chief Executive Officer
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(Principal Executive Officer)
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/s/ Mr. Ashish Badjatia
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Mr. Ashish Badjatia
Chief Operating Officer
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(Principal Financial Officer and Principal Accounting Officer)
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Dated: June 2, 2016