Current Report Filing (8-k)
August 21 2018 - 11:52AM
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): August 20, 2018
Drone
USA, Inc.
(Exact
name of registrant as specified in its charter)
Delaware
|
|
000-55789
|
|
30-0967943
|
(state
or other jurisdiction of incorporation)
|
|
(Commission
File Number)
|
|
(IRS
Employer Identification Number)
|
16
Hamilton Street, West Haven, CT 06516
(address
of principal executive offices) (zip code)
(203)
220-2296
(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 (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 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))
|
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒
Item
1.02 Termination of a Material Definitive Agreement.
On
August 20, 2018, Actus Fund, LLC (“Actus”) issued a conversion notice to convert a total of $52,636.43 based upon
unpaid principal ($36,994.53), interest ($141.90), penalties ($15,000) and conversion fees ($500) under a convertible note dated
January 26, 2018, into 24,368,717 shares of the registrant’s restricted common stock. Following conversion of the note,
it will be cancelled and returned to the registrant as paid in full. The total number of shares of registrant’s common stock
issued by the registrant to Actus following all conversions of principal, interest and penalties was 67,595,932.
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.
Date: August 21, 2018
|
Drone
USA, Inc.
|
|
|
|
|
By:
|
/s/
Michael Bannon
|
|
|
Name: Michael Bannon
|
|
|
Title: President and
CEO
|
Bantec (PK) (USOTC:BANT)
Historical Stock Chart
From Aug 2024 to Sep 2024
Bantec (PK) (USOTC:BANT)
Historical Stock Chart
From Sep 2023 to Sep 2024