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 and Exchange Act of 1934

 

 

Date of Report (date of earliest event reported): November 1, 2017

 

 

                          Tiger Reef, Inc.                       

 (Exact name of registrant as specified in its charter)

 

 

Colorado

 

000-55333

 

46-3073820

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification Number)

 

 

           Wellsburg Street #7, Cole Bay, St. Maarten, Dutch West Indies           

 (Address of principal executive offices and zip code)

 

 

           Tel: (949) 264-1475, Fax: (949) 607-4052         

 (Registrant’s telephone number, including area code)

 

 

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) 

 

¨ Soliciting material pursuant to Rule I4a-12 under the Exchange Act (17CFR240.14a-12) 

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b)) 

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) 

 


Forward Looking Statements

 

This Form 8-K and other reports filed by the Registrant from time to time with the Securities and Exchange Commission (collectively, “ Filings ”) contain or may contain forward looking statements and information that are based upon beliefs of, and information currently available to, our management as well as estimates and assumptions made by our management. When used in the filings the words “anticipate”, “believe”, “estimate”, “expect”, “future”, “intend”, “plan” or the negative of these terms and similar expressions identify forward looking statements as they relate to our business or our management. Such statements reflect management’s current view of our business with respect to future events and are subject to risks, uncertainties, assumptions and other factors (including the risks contained in the section of our Annual Report filed on Form 10-K entitled “Risk Factors”) relating to our industry, operations and results of operations, and other relevant aspects of our business. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned.

 

Although we believe the expectations reflected in the forward looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements contained within this Form 8-K and elsewhere.

 

Item 3.01

 

Unregistered Sales of Equity Securities

 

Eagle Equities, LLC (March 1, 2017 Note)

 

On November 6, 2017, Tiger Reef, Inc.’s (“ Tiger Reef ”) transfer agent received a Notice of Conversion #4 in the amount of $3,100 in principal and $172.33 in interest and subsequently issued 2,124,818 shares of its common stock, $0.001 par value, at an applicable conversion rate of $0.00154 a share pursuant to the Eagle Equities convertible note described in detail the Form 8-K filed with the SEC on March 3, 2017.  After this conversion this convertible note had a remaining principal balance of $21,200.00.

 

EMA Financial, LLC (April 3, 2017 Note)

 

On November 6, 2017, Tiger Reef’s transfer agent received a Notice of Conversion #4 in the amount of $1,490.00 in principal and $750.00 in legal fees and subsequently issued 2,000,000 shares of its common stock, $0.001 par value, at an applicable conversion rate of $0.00112 a share pursuant to the EMA Financial convertible note described in detail the Form 8-K filed with the SEC on April 7, 2017.  After this conversion this convertible note had a remaining principal balance of $35,910.00.

 

Crown Bridge Partners, LLC (April 3, 2017 Note)

 

On November 1, 2017, Tiger Reef’s transfer agent received a Notice of Conversion #4 in the amount of $2,062.00 in principal and $250.00 in legal fees and subsequently issued 1,445,000 shares of its common stock, $0.001 par value, at an applicable conversion rate of $0.0022 a share pursuant to the Crown Bridge Partners convertible note described in detail the Form 8-K filed with the SEC on April 7, 2017.  After this conversion this convertible note had a remaining principal balance of $28,782.60.

 

On November 3, 2017, Tiger Reef’s transfer agent received a Notice of Conversion #5 in the amount of $1,739.12 in principal and $250.00 in legal fees and subsequently issued 1,776,000 shares of its common stock, $0.001 par value, at an applicable conversion rate of $0.00112 a share pursuant to the Crown Bridge Partners convertible note described in detail the Form 8-K filed with the SEC on April 7, 2017.  After this conversion this convertible note had a remaining principal balance of $27,043.48.

 

On November 4, 2017, Tiger Reef’s transfer agent received a Notice of Conversion #6 in the amount of $2,078.48 in principal and $250.00 in legal fees and subsequently issued 2,079,000 shares of its common stock, $0.001 par value, at an applicable conversion rate of $0.00112 a share pursuant to the Crown Bridge Partners convertible note described in detail the Form 8-K filed with the SEC on April 7, 2017.  After this conversion this convertible note had a remaining principal balance of $24,965.00.


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On November 7, 2017, Tiger Reef’s transfer agent received a Notice of Conversion #7 in the amount of $1,193.20 in principal and $250.00 in legal fees and subsequently issued 2,255,000 shares of its common stock, $0.001 par value, at an applicable conversion rate of $0.00064 a share pursuant to the Crown Bridge Partners convertible note described in detail the Form 8-K filed with the SEC on April 7, 2017.  After this conversion this convertible note had a remaining principal balance of $23,771.80.

 

After these conversions, and as of November 7, 2017, Tiger Reef had 51,579,415 shares of its common stock issued and outstanding.

 

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.

 

 

TIGER REEF, INC.

 

 

Dated: November 7, 2017

By:

/s/ J. Scott Sitra

 

 

President and Chief Executive Officer


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