Current Report Filing (8-k)
March 08 2021 - 12:15PM
Edgar (US Regulatory)
0001353499
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false
0001353499
2021-03-08
2021-03-08
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
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)
March 8, 2021
MAX SOUND CORPORATION
(Exact Name of Registrant as Specified in Charter)
Delaware
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000-51886
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26-3534190
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(State or Other Jurisdiction
of Incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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3525 Del Mar Heights Road # 802, San Diego,
California, 92130
(Address of principal executive
offices including zip code)
800-327-6293
(Registrant's telephone
number, including area code)
Not Applicable
(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):
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01
Entry into a Material Definitive Agreement.
On March 4, 2021, Max Sound Corporation (the
“Company”) entered into a license agreement with Tip Solutions Inc. (“TIP”) for ten years that
includes an initial licensing fee paid to the Company of $100,000 with at least an additional $100,000 annually for ten years going
forward to maintain license exclusivity creating an aggregate value to the Company of at least $1,100,000 for said license. The
Company expects significant additional opportunity and projectible income to be qualified in the future as a benefit due to the
potential for Revenue Sharing under Table D of the agreement.
Item 8.01.
Other Events.
On March 4, 2021, the Company issued a press
release announcing that it had entered into a license agreement. A copy of the press release is attached hereto as Exhibit
99.1.
ITEM 9.01.
License Agreement & Exhibits.
SIGNATURE
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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MAX SOUND CORPORATION
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Date: March 8, 2021
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By:
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/s/ Greg Halpern
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Greg Halpern
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Chairman and Chief Executive Officer
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