Current Report Filing (8-k)

Date : 08/07/2019 @ 10:01AM
Source : Edgar (US Regulatory)
Stock : Simlatus Corporation (SIML)
Quote : 0.0001  0.0 (0.00%) @ 6:32PM

Current Report Filing (8-k)

 

 

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 6, 2019

 

(SIMLATUS CORP LOGO)

 

Simlatus Corp.

(Exact name of Company as specified in its charter)

 

Nevada 000-53276 20-2675800
(State or other jurisdiction (Commission File Number) (IRS Employer
of Incorporation)   Identification Number)

 

175 Joerschke Dr., Suite A
Grass Valley, CA 95945 

(Address of principal executive offices)
 

  Phone: (530) 205-3437

(Company’s Telephone Number)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Company under any of the following provisions:

 

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 8.01 Other Information

 

Retirement and Settlement of Convertible Debt

 

The company has settled and retired $400,000 in Convertible Debt with Emunah Funding LLC as follows:

 

On January 31, 2019, the Company issued to Emunah Funding, LLC a note in the principal amount of $33,000; and as a result of the default, the current principal amount of the Note is $77,800. On July 2, 2019 the Company entered into a Release Agreement and agreed to pre-pay the current balance of the note. Upon the full execution of the Agreement, the Holder released and returned to treasury 40,000,000 shares of common stock (valued at $400,000).

 

 

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 6, 2019

 

Simlatus Corporation

 

By: /s/ Richard Hylen
Richard Hylen, Chairman and CEO

 

Simlatus Corporation (USOTC:SIML)
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