Current Report Filing (8-k)
August 01 2016 - 06:44AM
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
May
13, 2016
Date
of Report (Date of earliest event reported)
KSIX
MEDIA HOLDINGS, INC.
(Exact
name of registrant as specified in its charter)
Nevada
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000-52522
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98-0550352
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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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10624
S. Eastern Ave., Suite A-910
Henderson,
NV
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89052
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(Address
of principal executive offices)
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(Zip
Code)
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(702)
701-8030
Registrant’s
telephone number, including area code
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
[ ]
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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[ ]
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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[ ]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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[ ]
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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SECTION
1 – REGISTRANT’S BUSINESS AND OPERATIONS
Item
1.01 Entry into a Material Definitive Agreement
On
or about May 13, 2016, we entered into a Unit subscription agreement with Anthony P. Nuzzo Jr. (the “Nuzzo Subscription
Agreement”). Each Unit was priced at $0.10 and contained: (a) one share of Common Stock restricted in accordance with Rule
144; and (b) two Warrants to purchase an additional share of Common Stock restricted in accordance with Rule 144 for $0.75 for
a period of 18 months of the close of the offering. Pursuant to the Nuzzo Subscription Agreement, the Company offered Mr. Nuzzo
a minimum of $180,000 (1,800,000 Units) and a maximum of $500,000 (5,000,000 Units). Mr. Nuzzo purchased the minimum offering
of $180,000 on May 13, 2016 to open the offering. Mr. Nuzzo has a non-transferable and irrevocable option to purchase the remaining
3,200,000 Units or $320,000 in the aggregate for a period of 120 days dated from May 13, 2016 (the “Effective Period”).
The offering will close either: 120 days from the initial purchase of the minimum offering (e.g. August 11, 2016); when the maximum
offering is subscribed for during the Effective Period, or the date the Company receives written notice from Mr. Nuzzo that he
chooses not to complete the maximum purchase amount in the offering. No stock certificates will be issued to Mr. Nuzzo until the
close of the offering, and the initial proceeds of $180,000 (or 1,800,000 Units) will be classified for accounting purposes as
a subscription receivable until the close of the offering. This transaction is exempt from registration pursuant to Section 4(a)(2)
of the Securities Act of 1933. Mr. Nuzzo is an accredited investor as defined under Regulation D, Rule 501, familiar with our
corporate operations, and there was no general solicitation.
SECTION
9 - FINANCIAL STATEMENTS AND EXHIBITS
ITEM
9.01 FINANCIAL STATEMENTS AND EXHIBITS
(a)
Financial Statements of Business Acquired.
Not
Applicable
(b)
Pro forma Financial Information
.
Not
applicable.
(c)
Shell Company Transaction.
Not
applicable.
(d)
Exhibits.
10.1
– Nuzzo Subscription Agreement dated May 13, 2016
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.
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NORTH
AMERICAN ENERGY RESOURCES, INC.
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DATE:
August 1, 2016
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By:
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/s/
Carter Matzinger
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Name:
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Carter
Matzinger
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Title:
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President
and Chief Executive Officer
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