Current Report Filing (8-k)
December 28 2016 - 2:42PM
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): December 28, 2016
BLOW
& DRIVE INTERLOCK CORPORATION
(Exact
name of registrant as specified in its charter)
Delaware
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000-55053
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46-3590850
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(State
or Other Jurisdiction
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(Commission
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(I.R.S.
Employer
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of
Incorporation)
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File
Number)
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Identification
No.)
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5503
Cahuenga Blvd, #203
Los Angeles, CA 91601
(Address of Principal Executive Offices) (Zip Code)
(877)
238-4492
(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 filing 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
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Entry
into a Material Definitive Agreement.
On
our around December 27, 2016 we entered into a material definitive agreement Quality Service Automobile, LLC (“QSA”)
. The agreement is for QSA to enjoy non-exclusive distribution rights to our BDI 747 in entire state of Washington for
a three-year term. There were approximately 35,000 peoples charged with driving under the influence in year 2015 and the
state of Washington is a first-time offender state, meaning all DUI convictions are required to install an ignition interlock.
We received a one-time territory fee for distribution rights and we will be receiving a monthly fee on a per-unit basis
for every BDI 747 that QSA has in their inventory in any given month.
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SECTION
8 — OTHER EVENTS
Item
8.01
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Other
Events.
On
or around December 27, 2016 we confirmed receipt of a wire transfer of funds from The Doheny Group in the amount of $97,750.
The Doheny Group has wired us these funds to ensure that we have adequate funding and leverage in active ongoing discussions
with some of our suppliers. We are currently is discussions with suppliers to ascertain feasibility of sourcing key core-components
and resources that would be required for immediately increasing production to meet current ongoing demand for the BDI
747. Demand for our BDI 747 is exceeding our current inventory supplies and we currently are only providing inventory
and servicing seven (7) of the eleven (11) states were we have received regulatory approvals to provide our services.
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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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Blow
& Drive Interlock, Corp.
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By:
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/s/
Laurence Wainer
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Name:
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Laurence
Wainer
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Title:
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Chief
Executive Officer
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Date:
December 28, 2016