Current Report Filing (8-k)
September 26 2017 - 10:02AM
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): September 26th, 2017
_______________________________
Genesys
Industries, Inc.
(Exact
name of registrant as specified in its charter)
_______________________________
Florida
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333-213387
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30-0852686
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(State
or Other Jurisdiction
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(Commission
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(I.R.S.
Employer
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of
Incorporation)
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File
Number)
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Identification
No.)
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1914
24
th
Ave E
Palmetto,
Florida 34221
Tel:
941.722.3600
(Address and telephone number of
principal executive offices)
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 (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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Item 8.01 Other Events
Genesys
Industries, Inc. (the “Company”) has established credit facilities with a Commercial Bank as follows: Bank Line
of Credit revolving in the amount of $50,000. The company has also established a Corporate Business Credit Card for use
in travel related purposes. That Line of Credit is established at $20,000. The company has also established a Bank
Term Loan Facility in the approximate amount of $200,000.
The
total credit facilities available under all credit arrangements is approximately $270,000.00 At the time of the filing there
has been no draw downs and the balance stands at $ 0.00.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
Date: September 26
th
,
2017
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Genesys Industries, Inc.
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By:
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/s/
Shefali Vibhakar
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Shefali Vibhakar
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Chief FInancial Officer
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