- Current report filing (8-K)
October 31 2011 - 4:32PM
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): October 25, 2011
STEVIA CORP.
(Exact Name of Registrant as Specified in its Charter)
Nevada 333-152365 98-0537233
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
7117 US 31 S Indianapolis, IN 46227
(Address of Principal Executive Office) (Zip Code)
(888) 250-2566
(Registrant's telephone number, including area code)
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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))
SECTION 1 - REGISTRANT'S BUSINESS AND OPERATIONS
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
Effective November 1, 2011, Stevia Corp. (the "Company") entered into a
Management and Off-Take Agreement (the "Agreement") with Growers Synergy Pte
Ltd., a corporation organized under the laws of Singapore ("GSPL"). Under the
terms of the Agreement, the Company will engage GSPL to supervise the Company's
farm management operations, recommend quality farm management programs for
stevia cultivation, assist in the hiring of employees and provide training to
help the Company meet its commercialization targets, develop successful models
to propagate future agribusiness services, and provide back-office and regional
logistical support for the development of proprietary stevia farm systems in
Vietnam, Indonesia and potentially other countries. GSPL will provide services
for a term of two years from the effective date of the Agreement, at a rate of
$20,000 per month. The Agreement may be terminated by the Company upon 30 days
notice.
In connection with the Agreement, the parties have agreed to enter into an
off-take agreement whereby GSPL will agree to purchase all the non-stevia crops
produced at the Company's GSPL supervised farms.
The foregoing description is qualified in its entirety by reference to the
Agreement, a copy of which is included as Exhibit 10.1 to this Form 8-K and is
incorporated by reference to this Item 1.01.
SECTION 8 - OTHER EVENTS
ITEM 8.01 OTHER EVENTS.
CODE OF ETHICS
On October 25, 2011, the Board of Directors of the Company adopted a Code
of Ethics for the Company. The Code of Ethics covers a wide range of ethical
standards for all directors, officers and employees. A copy of the Code of
Ethics is attached hereto as Exhibit 14.1.
AGREEMENT
On October 31, 2011, the Company issued a press release announcing the
Agreement. A copy of the press release is attached to this report as Exhibit
99.1 and is incorporated herein by reference.
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SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
Exhibit
No. Description
--- -----------
10.1 Management and Off-Take Agreement
14.1 Code of Ethics
99.1 Press Release dated October 31, 2011
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The information set forth in Exhibit 99.1 attached hereto is furnished and shall
not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act
of 1934, and shall not be deemed incorporated by reference in any filing with
the Securities and Exchange Commission under the Securities Exchange Act of 1934
or the Securities Act of 1933, whether made before or after the date hereof and
irrespective of any general incorporation by reference language in any filing.
Portions of this report constitute "forward-looking statements" defined by
federal law. Although the Company believes any such statements are based on
reasonable assumptions, there is no assurance that the actual outcomes will not
be materially different. Any such statements are made in reliance on the "safe
harbor" protections provided under the Private Securities Litigation Reform Act
of 1995. Additional information about issues that could lead to material changes
in the Company's performance is contained in the Company's filings with the
Securities and Exchange Commission and may be accessed at www.sec.gov.
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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: October 31, 2011 STEVIA CORP.
By: /s/ George Blankenbaker
-----------------------------------
George Blankenbaker
President
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