Current Report Filing (8-k)
August 23 2019 - 7:55AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 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 23, 2019
2050
MOTORS, INC.
(Exact
name of Registrant as specified in its Charter)
CALIFORNIA
|
|
001-13126
|
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83-3889101
|
(State
or other jurisdiction
of
incorporation)
|
|
(Commission
File
No.)
|
|
(IRS
Employer
Identification
No.)
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25
N River Lane Suite 2050, Geneva, IL 60134
(Address
of principal executive offices)
(630)
708-0750
(Registrant’s
Telephone Number)
(Former
name or 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):
[ ]
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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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Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR
230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2) [X]
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 [X]
2050
Motors, Inc. is referred to herein as “we”, “us”, or “us”
ITEM
8.01 Other Events
On
August 23, 2019, 2050 Motors, Inc. engaged Crisco Shaw Consulting, LLC d/b/a CSC Analytics (“CSC Analytics”) to create
a UI system to be integrated into dongles to provide streaming content with integration for social media products and customer-focused
ad channels. The project will be completed in over an estimated period of four (4) months, with four payments totaling cash of
$25,000 and 75,000 Series B Preferred Shares convertible into 75,000,000 common shares of 2050 Motors. CSC Analytics may request
some or all of the cash portion to be paid in additional Series B Preferred Shares. Concurrent with R&D, 2050 will engage
project managers for content, network design, build and operation, billing and support services and introduce CSC Analytics and
its affiliates to 2050’s social network development group, MarkUp Designs Ltd., which is currently coding and hosting www.Kanab.Club.
Item
9.01. Exhibits
(a)
Exhibits. The following exhibit is filed with this Current Report on Form 8-K:
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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2050
MOTORS, INC.
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Date:
August 23, 2019
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By:
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/s/
Vikram Grover
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Vikram
Grover
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Chief
Executive Officer
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