Current Report Filing (8-k)
August 21 2019 - 6:01AM
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): August 20, 2019
Solei Systems, Inc.
(Exact name of registrant as specified
in its charter)
Florida
|
|
000-55987
|
|
20-1801530
|
(state or other jurisdiction
of incorporation)
|
|
(Commission File Number)
|
|
(IRS Employer
Identification Number)
|
206 N. Washington
Street, Suite 100, Alexandria, VA 22314
(address
of principal executive offices) (zip code)
(844) 726-6965
(registrant’s telephone
number, including area code)
___________________________________
(former name or former address,
if changed since last report)
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))
|
Securities
registered pursuant to Section 12(b) of the Act: None
|
|
|
Title
of each Class
|
Trading
Symbol
|
Name
of each exchange on which registered
|
N/A
|
N/A
|
N/A
|
|
|
|
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
x
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.
x
|
Item 8
|
Other Information.
|
Late Filing of Form
10-Q. On August 14, 2019, Registrant files a Notice of Late Filing of its Form 10-Q report for the quarter ending June 30, 2019,
advising that the 10-Q would be filed on or before August 19. 2019. Registrant was unable to complete all of the information required
to be included in the Form 10-Q by August 19, 2019 and was unable to file the required quarterly report on a timely basis.
Registrant was unable to complete
the 10-Q filing on a timely basis because it was unable to resolve a number of issues in time to prepare the financial statements,
including (1) a determination whether the issuance of convertible promissory notes during the quarter included a derivative element
or a beneficial conversion feature requiring specialized and complex accounting determinations and (2) determining whether the
acquisition of certain assets of KB Medical Systems, LLC, completed during the quarter, should be accounted for as an acquisition
of assets or as a business combination under applicable accounting guidelines.
Registrant believes it has now resolved these complex issues and expects to complete its financial statements for review by its independent accountants, and to complete the filing of the Form 10-Q by Friday, August 23, 2019.
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 20, 2019
|
Solei Systems, Inc.
|
|
|
|
|
By:
|
/s/
Joshua Flood
|
|
|
Name: Joshua Flood
|
|
|
Title: President
|