Current Report Filing (8-k)
November 20 2017 - 9:52AM
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): November 20th, 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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Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period
for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange
Act. ☐
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Section
8 – Other Events
Item 8.01. Other
Events.
On
November 15th, 2017, the Company (Note Maker) agreed to the assignment of an existing promissory note from Shefali Vibhakar (Assignor)
to Twiga Capital Partners, LLC (Assignee) an affiliate of Shefali Vibhakar. As of November 15th, 2017 the Company owed a balance
of $6,190 respectively in loans payable to its President & CEO. The loans were received to pay for certain operating expenses.
They are due on demand.
A
copy of the Assignment of Promissory Note is filed herewith as 99.1.
Section
9 – Financial Statements and Exhibits
Item
9.01. Financial Statements and Exhibits
Exhibit No.
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Description
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99.1
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Assignment of Promissory Note
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SIGNATURES
Date: November 20
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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