Current Report Filing (8-k)
April 04 2017 - 12:57PM
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): March 31, 2017
Textmunication
Holdings Inc.
(Exact
name of registrant as specified in its charter)
Nevada
|
|
000-21202
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58-1588291
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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.)
|
1940
Contra Costa Blvd.
|
|
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Pleasant
Hill, CA
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94523
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(Address
of principal executive offices)
|
|
(Zip
Code)
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Registrant’s
telephone number, including area code:
925-777-2111
(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 (17CFR 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
8 – OTHER EVENTS
Item
8.01 Other Events
On
September 9, 2015, we entered into a convertible promissory note pursuant to which we borrowed $50,000. Interest under the convertible
promissory note was 8% per annum, and the principal and all accrued but unpaid interest was due on June 7, 2016. The note was
convertible at any time following the issuance date at noteholders option into shares of our common stock at a variable conversion
price of 50% of the lowest day market price of our common stock during the 10 trading days prior the date of the notice of conversion.
On
March 17, 2017, Textmunication Holdings, Inc. and the noteholder reached a settlement agreement. The first payment was wired to
the noteholder on March 17, 2017. The final payment was due March 31, 2017.
Textmunication
Holdings, Inc. successfully made the final payment on March 31, 2017. The note was eliminated.
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.
Textmunication
Holdings, Inc.
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/s/
Wais Asefi
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Wais
Asefi
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Chief
Executive Officer
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Date:
April 4, 2017
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