Current Report Filing (8-k)
February 27 2018 - 2:26PM
Edgar (US Regulatory)
ACURRENT
REPORT FOR ISSUERS SUBJECT TO THE
1934
ACT REPORTING REQUIREMENTS
FORM
8-K
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Date
of Event: February 22, 2018
(Date
of earliest event reported)
GREEN
ENDEAVORS, INC.
(Exact
name of registrant as specified in its charter)
Utah
(State
or other jurisdiction of incorporation or organization)
000-54018
|
|
27-3270121
|
(Commission
File Number)
|
|
(IRS
Employer Identification Number)
|
59
West 100 South, Suite 200, Salt Lake City, Utah 84101
(Address
of principal executive offices)
(801)
575-8073
(Registrant’s
telephone number, including area code)
Default
Upon Secured Debt
Green
Endeavors, Inc. Landis Salons, Inc., Landis Salons II, Inc. and Landis Experience Center, LLC have received a Notice of Default
from LCF Salons, LLC placing them on notice that they have failed to make a $10,000 payment due under the terms of the December
31, 2017 promissory note they executed in favor of LCF Salons. The note is secured through the security interest that LCF acquired
from TCA Global Credit Master Fund, L.P. and extends to all of the assets of each of the named corporations, the Company and its
three wholly owned subsidiaries. As a result of the default the entire balance of the note, approximately $285,215 in now due.
The
Companies subsidiaries are not current with payments with regard to obligations and lines of credit owed to Kabbage in the amount
of $82,382, American Express Merchant accounts in the amount of $268,902 and Bank of America in the amount of $8,167 the amounts
listed are as of February 26, 2018.
ITEM
9.01
|
Financial
Statements and Exhibits
|
The
following exhibits are included as part of this report:
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.
Dated
this 27
th
day of February, 2018.
|
Green
Endeavors, Inc.
|
|
|
|
/s/
Richard Surber
|
|
Richard
Surber, CEO & President
|