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

 

SUNERGY INC

 

(Exact name of registrant as specified in its charter)

 

NEVADA 000-52767 26-4828510
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)

 

 

14362 N. FRANK LLOYD WRIGHT BLVD STE 1000 SCOTTSDALLE, AZ 85260
(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code            (480) 477-5010               

 

 

N/A

 

(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 7.01

Regulation FD Disclosure

 

1. On June 25, 2015, Sunergy received a tranche of $30,000 under the terms of the convertible note from June 25, 2015. The terms allow the Company to repay the entire outstanding balance within three months from the date of receipt with an original issue discount of 11%. Between December and May 2015, the holder converted a portion of the outstanding principal. On June 1, 2016, the Company repaid the remaining unpaid principal. Original issue discount including interest to the convertible note holder in accordance with terms of the agreement. As of June 1, 2016, the note holder is paid in full and cannot convert into common shares of the Company and 225 million previously reversed shares were released.

 

 

 

SIGNATURES

 

 

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.

 

 

SUNERGY INC

 

 

/s/ Garret Hale                   

Garret Hale

President and CEO

 

Date: June 3, 2016