Current Report Filing (8-k)
March 01 2017 - 6:21AM
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): 3/1/2017
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
of
Incorporation)
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(Commission
File
Number)
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(I.R.S.
Employer
Identification
No.)
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5503
Cahuenga Blvd, #203
Los
Angeles, CA 91601
(Address
of Principal Executive Offices) (Zip Code)
(877)
299-0653
(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.
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On
or around February 27, 2017 we entered into a material definitive agreement with Blow and Drive San Antonio, LLC. The agreement
gives Blow & Drive San Antonio, an independently owned company, a license to use the Blow and Drive Interlock name and
relating branding as a part of a non-exclusive distribution agreement. This is a part of our ongoing expansion efforts to
increase our marketshare in the state Texas. The distribution agreement gives Blow and Drive San Antonio the non-exclusive
right to provide ignition interlock services throughout Bexar County, Texas, which includes the city of San Antonio. We received
a territory fee and the rights to ongoing reoccurring revenue generated by the distributor. This represents a large market
for us because San Antonio is the second largest city in the state of Texas, which is the largest interlock market in the
United States.
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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:
March 1, 2017
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